How Much Did JoKell Raise?
Funding & Key Investors

JoKell, a woman-owned electrical distributor and solutions provider established in 1977, has secured $1M in total capital, with a recent strategic investment of $1M. This significant backing underscores the company's established presence and ongoing growth trajectory within its specialized markets.

What is JoKell?

JoKell
RetailHome Improvement & Hardware Retail

Headquartered in Chesapeake, VA, JoKell operates as a comprehensive electrical distributor and solutions provider, catering to military, commercial marine, and industrial sectors. With a history dating back to 1977, the company has expanded its reach with regional offices in Florida and California. JoKell boasts an extensive inventory of over 20,000 electrical products, including specialized mil-spec offerings. Its commitment to client success is further demonstrated through its experienced sales team and a suite of services, such as 24-hour field support and custom engineering solutions provided by its Engineered Solutions Group.

How much funding has JoKell raised?

JoKell has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

What's next for JoKell?

The recent major strategic investment signals a pivotal moment for JoKell, likely enabling further expansion of its service capabilities and market penetration. Given its long-standing history and diverse client base, this capital infusion is expected to bolster its position in the competitive electrical distribution landscape, potentially supporting technological advancements in its solutions or enhancing its logistical infrastructure to better serve its military, commercial marine, and industrial clients.

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Frequently Asked Questions Regarding JoKell Financial Insights

What are the most recent funding rounds that JoKell has completed, and what were the funding rounds?
JoKell has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding JoKell has raised to date?
JoKell has raised a total of $1M in funding to date.
How many funding rounds has JoKell completed?
JoKell has completed 1 funding rounds.
How much funding did JoKell raise in its most recent funding round?
JoKell raised $1M in its most recent funding round.
Who are the lead investors in JoKell's latest funding round?
The lead investor in JoKell'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 JoKell's history?
The largest funding round in JoKell's history was $1M.
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