How Much Did HiLine Electric & Data Raise?
Funding & Key Investors

HiLine Electric & Data has successfully secured a significant capital injection, bringing its total funding to $74K. This latest round, characterized by a $74K infusion, underscores the firm's robust position within the competitive New York City infrastructure and commercial services sector. By leveraging this substantial expansion capital, the Brooklyn-based enterprise is well-positioned to scale its specialized electrical and engineering operations across the metropolitan area.

The recent financing event, finalized on March 20, 2021, serves as a critical milestone in the company's growth trajectory. As HiLine Electric & Data transitions through its current lifecycle stage, the influx of resources provides the necessary liquidity to enhance service delivery and broaden its footprint in the commercial and retail property markets.

What is HiLine Electric & Data?

HiLine Electric & Data
ConstructionConstruction ManagementArchitecture, Engineering & Design

HiLine Electric & Data Corp. operates as a premier contracting entity headquartered in Brooklyn, New York, with a specialized focus on electrical, communication, audio-visual, and engineering services. With a legacy spanning over two decades, the firm has established itself as a reliable partner for commercial and retail property managers throughout New York City and Long Island. Their core competencies include complex lighting installations, comprehensive electrical repairs, and advanced troubleshooting, all underpinned by a commitment to safety and professional excellence.

The company distinguishes itself through a synthesis of technical expertise and clear communication, ensuring that commercial clients receive efficient, code-compliant solutions. By maintaining a high standard of workmanship, HiLine Electric & Data has cultivated a reputation for dependability in a market that demands precision and rapid response times for critical infrastructure maintenance.

How much funding has HiLine Electric & Data raised?

HiLine Electric & Data has raised a total of $74K across 1 funding round:

2021

Debt

$74K

Debt (2021): $74K with participation from PPP

Key Investors in HiLine Electric & Data

PPP

Public-Private Partnership

What's next for HiLine Electric & Data?

With the recent capital deployment, HiLine Electric & Data is poised to accelerate its strategic growth initiatives. The firm is expected to focus on expanding its engineering capabilities and potentially integrating more advanced smart-building technologies into its service portfolio. This expansion is likely to involve increasing its workforce of skilled technicians and investing in modern diagnostic equipment to maintain its competitive edge in the NYC market.

Furthermore, the company is well-positioned to capitalize on the ongoing demand for modernized electrical infrastructure in urban commercial spaces. By aligning its operational capacity with the evolving needs of retail and commercial property owners, HiLine Electric & Data aims to solidify its market share and drive long-term value creation. The strategic use of this financing will be pivotal in navigating the complexities of large-scale electrical projects while maintaining the high-quality service standards that have defined the company's two-decade history.

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Frequently Asked Questions Regarding HiLine Electric & Data Financial Insights

What are the most recent funding rounds that HiLine Electric & Data has completed, and what were the funding rounds?
HiLine Electric & Data has recently completed 1 funding rounds: Debt on Mar 20, 2021.
What is the total amount of funding HiLine Electric & Data has raised to date?
HiLine Electric & Data has raised a total of $74K in funding to date.
How many funding rounds has HiLine Electric & Data completed?
HiLine Electric & Data has completed 1 funding rounds.
How much funding did HiLine Electric & Data raise in its most recent funding round?
HiLine Electric & Data raised $74K in its most recent funding round.
Who are the lead investors in HiLine Electric & Data's latest funding round?
The lead investor in HiLine Electric & Data'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 HiLine Electric & Data's history?
The largest funding round in HiLine Electric & Data's history was $74K.
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