How Much Did Hoffman Electrical Raise?
Funding & Key Investors

Hoffman Electrical has secured $350K in total capital, with its most recent financing round bringing in $350K through a major strategic investment. This significant backing underscores the company's established position and its trajectory within the competitive home services sector.

What is Hoffman Electrical?

Hoffman Electrical
Consumer ServicesRepair Services

Hoffman Electrical & AC, operating since 1989 in Tampa, FL, is a recognized provider of comprehensive electrical and HVAC solutions for both residential and commercial clientele. The company offers a wide array of services, including electrical installations, repairs, and upgrades, alongside heating and air conditioning maintenance. Hoffman Electrical is committed to delivering dependable and cost-effective services, emphasizing customer satisfaction and operational integrity through its team of skilled technicians.

How much funding has Hoffman Electrical raised?

Hoffman Electrical has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Hoffman Electrical?

The recent large-scale, late-stage funding infusion positions Hoffman Electrical for significant expansion and strategic development. This capital injection is likely to fuel initiatives such as service area enlargement, technological upgrades to enhance operational efficiency, and potentially the acquisition of complementary businesses. The strategic investment signals confidence from backers in the company's long-term growth potential and its capacity to scale its market presence in the electrical and HVAC services industry.

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Frequently Asked Questions Regarding Hoffman Electrical Financial Insights

What are the most recent funding rounds that Hoffman Electrical has completed, and what were the funding rounds?
Hoffman Electrical has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding Hoffman Electrical has raised to date?
Hoffman Electrical has raised a total of $350K in funding to date.
How many funding rounds has Hoffman Electrical completed?
Hoffman Electrical has completed 1 funding rounds.
How much funding did Hoffman Electrical raise in its most recent funding round?
Hoffman Electrical raised $350K in its most recent funding round.
Who are the lead investors in Hoffman Electrical's latest funding round?
The lead investor in Hoffman Electrical'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 Hoffman Electrical's history?
The largest funding round in Hoffman Electrical's history was $350K.
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