How Much Did Jelec Raise?
Funding & Key Investors

Jelec, a Houston-based provider of diverse products and services for the oil and gas industry, has secured $350K in a major strategic investment, contributing to its total funding of $350K. This significant capital infusion underscores the company's established position in delivering innovative solutions for both oil & gas and geothermal applications.

What is Jelec?

Jelec
ManufacturingIndustrial Machinery & Equipment

Jelec specializes in a comprehensive suite of offerings, including land drilling rigs, energy storage systems, and electrification solutions tailored for the energy sector. Their portfolio also extends to safety and telecommunication systems, with a clear emphasis on environmentally friendly technologies. Leveraging over three decades of experience, Jelec is recognized for its ability to deliver turn-key, innovative solutions for oil & gas and geothermal markets worldwide.

How much funding has Jelec raised?

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

2020

Debt

$350K

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

Key Investors in Jelec

PPP

Public-Private Partnership

What's next for Jelec?

With a substantial late-stage funding context, Jelec is poised for significant scaling and further technological advancement. The recent strategic investment likely signals confidence from backers in Jelec's established expertise and its commitment to sustainable energy technologies within the oil and gas and geothermal sectors. This capital will likely fuel expansion of their service offerings, enhance their technological capabilities, and potentially broaden their global market reach.

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Frequently Asked Questions Regarding Jelec Financial Insights

What are the most recent funding rounds that Jelec has completed, and what were the funding rounds?
Jelec has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Jelec has raised to date?
Jelec has raised a total of $350K in funding to date.
How many funding rounds has Jelec completed?
Jelec has completed 1 funding rounds.
How much funding did Jelec raise in its most recent funding round?
Jelec raised $350K in its most recent funding round.
Who are the lead investors in Jelec's latest funding round?
The lead investor in Jelec'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 Jelec's history?
The largest funding round in Jelec's history was $350K.
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