How Much Did IT Construction & Electrical Raise?
Funding & Key Investors

IT Construction & Electrical has secured $22K in total investment, with a recent capital infusion of $22K designated for substantial expansion. This financing round, occurring around February 27, 2021, signifies a critical growth phase for the company, likely aligning with Series B or C funding stages, as it seeks to scale its operations in the competitive home remodeling market.

What is IT Construction & Electrical?

IT Construction & Electrical
ConstructionConstruction ManagementArchitecture, Engineering & Design

IT Construction & Electrical is a licensed, bonded, and insured contractor based in San Jose, CA, specializing in home remodeling services. Their core offerings include Accessory Dwelling Units (ADUs), home additions, and comprehensive kitchen and bathroom renovations. With over 15 years of experience serving the Bay Area, the company prides itself on delivering a hassle-free and personalized construction experience. They emphasize transparent communication and client collaboration to align project goals with unique budgets, aiming to transform residences into ideal living spaces through quality craftsmanship.

How much funding has IT Construction & Electrical raised?

IT Construction & Electrical has raised a total of $22K across 1 funding round:

2021

Debt

$22K

Debt (2021): $22K with participation from PPP

What's next for IT Construction & Electrical?

The recent capital injection of $22K positions IT Construction & Electrical for significant operational scaling and market penetration. This strategic financing is expected to fuel expansion initiatives, potentially including the acquisition of new equipment, enhancement of service capabilities, and broader marketing outreach across the Bay Area. The company's focus on ADUs and major home renovations aligns with current housing trends, suggesting a strong potential for growth and increased market share as they leverage this investment to solidify their position as a leading remodeling contractor.

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Frequently Asked Questions Regarding IT Construction & Electrical Financial Insights

What are the most recent funding rounds that IT Construction & Electrical has completed, and what were the funding rounds?
IT Construction & Electrical has recently completed 1 funding rounds: Debt on Feb 27, 2021.
What is the total amount of funding IT Construction & Electrical has raised to date?
IT Construction & Electrical has raised a total of $22K in funding to date.
How many funding rounds has IT Construction & Electrical completed?
IT Construction & Electrical has completed 1 funding rounds.
How much funding did IT Construction & Electrical raise in its most recent funding round?
IT Construction & Electrical raised $22K in its most recent funding round.
Who are the lead investors in IT Construction & Electrical's latest funding round?
The lead investor in IT Construction & 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 IT Construction & Electrical's history?
The largest funding round in IT Construction & Electrical's history was $22K.
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