What is Higgins Electric?
Higgins Electric Inc. operates as a comprehensive, unionized electrical contractor based in Missouri, extending its services to the adjacent regions of Kansas and Southern Illinois. The firm distinguishes itself through a broad spectrum of electrical solutions, encompassing design-build projects, emergency generator installations, and advanced security systems. As a certified installer for numerous systems, Higgins Electric prioritizes safety and quality, catering to a diverse clientele that includes commercial, industrial, and residential customers seeking professional electrical services.
How much funding has Higgins Electric raised?
Higgins Electric has raised a total of $332K across 2 funding rounds:
Debt
$150K
Debt
$182K
Debt (2020): $150K with participation from PPP
Debt (2021): $182K led by PPP
What's next for Higgins Electric?
The substantial large-scale late-stage funding context suggests Higgins Electric is poised for significant scaling or strategic acquisitions. This capital infusion is likely to fuel further expansion of its service offerings, geographic reach, and technological capabilities. The company's commitment to professional electrical solutions, coupled with its unionized workforce and focus on safety, positions it for continued success in serving its target markets.
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