How Much Did JDO Electric Raise?
Funding & Key Investors

JDO Electric has secured $28K in recent financing, contributing to a total funding amount of $28K. This capital infusion marks a significant milestone for the company, underscoring investor confidence in its operational trajectory and market position. The recent backing is earmarked for substantial expansion, signaling a new phase of growth for the electrical services provider.

What is JDO Electric?

JDO Electric
Consumer ServicesRepair ServicesArchitecture, Engineering & Design

JDO Electric is a well-established electrical contractor based in Somerville, Massachusetts, with over 25 years of operational experience. The company specializes in a comprehensive suite of electrical services for both residential and commercial clientele across Boston and its surrounding suburbs. Their service portfolio includes critical offerings such as power restoration, emergency electrical support, general wiring, advanced lighting installations, and essential circuit breaker upgrades. JDO Electric's commitment to professional, timely service, coupled with its 24/7 availability for urgent electrical needs, positions it as a reliable provider in the Massachusetts market.

How much funding has JDO Electric raised?

JDO Electric has raised a total of $28K across 1 funding round:

2021

Debt

$28K

Debt (2021): $28K with participation from PPP

What's next for JDO Electric?

With the recent substantial expansion capital, JDO Electric is poised for significant growth. This funding is expected to fuel strategic initiatives aimed at broadening its service area, enhancing its operational capacity, and potentially investing in new technologies or service lines. The company's established reputation and extensive experience provide a strong foundation for leveraging this investment to capture greater market share and solidify its position as a leading electrical services provider in the region. Future developments will likely focus on scaling operations to meet increasing demand and further optimizing service delivery.

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Frequently Asked Questions Regarding JDO Electric Financial Insights

What are the most recent funding rounds that JDO Electric has completed, and what were the funding rounds?
JDO Electric has recently completed 1 funding rounds: Debt on Feb 13, 2021.
What is the total amount of funding JDO Electric has raised to date?
JDO Electric has raised a total of $28K in funding to date.
How many funding rounds has JDO Electric completed?
JDO Electric has completed 1 funding rounds.
How much funding did JDO Electric raise in its most recent funding round?
JDO Electric raised $28K in its most recent funding round.
Who are the lead investors in JDO Electric's latest funding round?
The lead investor in JDO 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 JDO Electric's history?
The largest funding round in JDO Electric's history was $28K.
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