How Much Did JAN Electric Raise?
Funding & Key Investors

JAN Electric has successfully secured a significant capital injection, marking a pivotal moment in its long-standing operational history. With a total funding accumulation of $350K, the firm has solidified its financial foundation to support large-scale industrial projects. This recent funding amount of $350K represents a major strategic investment, underscoring the company's resilience and its capacity to attract institutional backing even within the specialized electrical contracting sector.

What is JAN Electric?

JAN Electric
ConstructionConstruction Management

JAN Electric LLC, formerly known as JAN Electric Company, Inc., stands as a cornerstone of the Chicago electrical contracting landscape. With over 55 years of family-owned operations, the firm has cultivated deep expertise in the installation of complex wiring and equipment for both industrial and commercial properties. As an IBEW Local #134 contractor, the company maintains rigorous standards, evidenced by its official registration with the Department of Buildings of the City of Chicago. By leveraging a dedicated workforce of over 25 professionals, JAN Electric bridges the gap between traditional craftsmanship and modern infrastructure requirements, positioning itself as a reliable partner for high-stakes electrical engineering and maintenance projects.

How much funding has JAN Electric raised?

JAN Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in JAN Electric

PPP

Public-Private Partnership

What's next for JAN Electric?

The infusion of capital is expected to catalyze the next phase of growth for JAN Electric, particularly as the firm navigates the complexities of large-scale late-stage industrial development. By optimizing its operational capacity and investing in advanced equipment, the company is well-positioned to capture a larger share of the commercial infrastructure market. Strategic priorities will likely include the modernization of project management workflows and the expansion of its service footprint, ensuring that the firm remains competitive against larger, national entities while maintaining the quality and reliability that have defined its five-decade legacy. This financial backing provides the necessary liquidity to pursue long-term contracts and sustain its trajectory as a premier electrical contractor in the Midwest.

See full JAN Electric company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstruction
Construction ManagementConstruction
Architecture, Engineering & DesignConstruction
Construction ManagementConstructionConsumer ServicesRepair Services

Frequently Asked Questions Regarding JAN Electric Financial Insights

What are the most recent funding rounds that JAN Electric has completed, and what were the funding rounds?
JAN Electric has recently completed 1 funding rounds: Debt on May 20, 2020.
What is the total amount of funding JAN Electric has raised to date?
JAN Electric has raised a total of $350K in funding to date.
How many funding rounds has JAN Electric completed?
JAN Electric has completed 1 funding rounds.
How much funding did JAN Electric raise in its most recent funding round?
JAN Electric raised $350K in its most recent funding round.
Who are the lead investors in JAN Electric's latest funding round?
The lead investor in JAN 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 JAN Electric's history?
The largest funding round in JAN Electric's history was $350K.
See more information about JAN Electric