How Much Did JED Electric Raise?
Funding & Key Investors

JED Electric has secured $26K in total capital, with a recent infusion of $26K designated for substantial expansion. This financing round, occurring on March 24, 2021, signifies a critical juncture for the Seaford-based electrical contractor, likely positioning it for accelerated growth within the competitive Long Island market.

What is JED Electric?

JED Electric
ConstructionConstruction ManagementConsumer Services

Established in 2006, JED Electric LLC operates as a full-service electrical contractor, offering a broad spectrum of electrical solutions for both residential and commercial clientele. The company's service portfolio encompasses generator installation, routine electrical repairs, emergency services, and diverse electrical installations. JED Electric emphasizes professionalism, dedication, and adherence to stringent industry standards, backed by a team of skilled electricians committed to client satisfaction. Their reputation is built on extensive experience, a knowledgeable workforce, and competitive pricing, making them a notable entity in the regional electrical services sector.

How much funding has JED Electric raised?

JED Electric has raised a total of $26K across 1 funding round:

2021

Debt

$26K

Debt (2021): $26K with participation from PPP

Key Investors in JED Electric

PPP

Public-Private Partnership

What's next for JED Electric?

The recent capital injection, contextualized within a significant Series B/C funding stage, strongly suggests JED Electric is poised for strategic scaling. This investment will likely fuel operational enhancements, potential geographic expansion, and the adoption of advanced technologies to meet growing demand. The company's focus on professionalism and client satisfaction, combined with this financial backing, positions it to further solidify its market presence and potentially explore new service verticals or larger-scale projects. Future developments will likely center on leveraging this capital to enhance service delivery and operational efficiency.

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Frequently Asked Questions Regarding JED Electric Financial Insights

What are the most recent funding rounds that JED Electric has completed, and what were the funding rounds?
JED Electric has recently completed 1 funding rounds: Debt on Mar 24, 2021.
What is the total amount of funding JED Electric has raised to date?
JED Electric has raised a total of $26K in funding to date.
How many funding rounds has JED Electric completed?
JED Electric has completed 1 funding rounds.
How much funding did JED Electric raise in its most recent funding round?
JED Electric raised $26K in its most recent funding round.
Who are the lead investors in JED Electric's latest funding round?
The lead investor in JED 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 JED Electric's history?
The largest funding round in JED Electric's history was $26K.
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