How Much Did Herbst Electric Raise?
Funding & Key Investors

Herbst Electric has solidified its position as a cornerstone of industrial infrastructure with a recent strategic investment totaling $1M. This capital injection, which contributes to a cumulative total funding amount of $1M, underscores the firm's enduring relevance in the electrical construction sector. By securing this financing, the company is well-positioned to enhance its operational capacity and expand its specialized service offerings across critical infrastructure projects.

What is Herbst Electric?

Herbst Electric
ConstructionConstruction ManagementArchitecture, Engineering & Design

Established in 1944, Herbst Electric operates as a premier electrical contracting firm with a deep-rooted history in high-voltage systems, design-build services, and complex electrical construction. The company serves a sophisticated client base, including water and wastewater treatment facilities, automotive manufacturing plants, and power generation stations. Their market position is defined by a commitment to safety and technical precision, providing essential maintenance and emergency services for electrical distribution and control equipment. By maintaining vendor-agnostic expertise, Herbst Electric ensures that facilities receive high-quality engineering solutions regardless of the original equipment manufacturer, cementing their reputation as a reliable partner for large-scale industrial and commercial projects.

How much funding has Herbst Electric raised?

Herbst Electric has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Herbst Electric

PPP

Public-Private Partnership

What's next for Herbst Electric?

With the recent influx of capital, Herbst Electric is poised to accelerate its growth trajectory by modernizing its technical infrastructure and scaling its specialized transformer and high-voltage service divisions. The strategic allocation of these funds will likely focus on optimizing project delivery timelines and expanding the firm's footprint in the power station construction market. As the demand for robust electrical distribution systems continues to rise in the industrial sector, Herbst Electric is strategically aligned to leverage its decades of experience to capture additional market share and drive long-term value for its stakeholders.

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Frequently Asked Questions Regarding Herbst Electric Financial Insights

What are the most recent funding rounds that Herbst Electric has completed, and what were the funding rounds?
Herbst Electric has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Herbst Electric has raised to date?
Herbst Electric has raised a total of $1M in funding to date.
How many funding rounds has Herbst Electric completed?
Herbst Electric has completed 1 funding rounds.
How much funding did Herbst Electric raise in its most recent funding round?
Herbst Electric raised $1M in its most recent funding round.
Who are the lead investors in Herbst Electric's latest funding round?
The lead investor in Herbst Electric's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Herbst Electric's history?
The largest funding round in Herbst Electric's history was $1M.
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