How Much Did JP Electric Raise?
Funding & Key Investors

JP Electric has secured $150K in total capital, with a recent strategic investment of $150K marking a significant milestone for the established electrical service provider. This latest financing round underscores the company's robust market position and its ongoing growth trajectory within the Upper Peninsula of Michigan.

What is JP Electric?

JP Electric
ConstructionConstruction ManagementConsumer Services

JP Electric, a fixture in Marquette, MI, for over three decades, offers comprehensive electrical services for both residential and commercial sectors. Their expertise spans new construction, repairs, remodeling, and maintenance, delivered by a team of licensed and insured Master Electricians. As a member of the National Electrical Contractor Association, JP Electric is committed to upholding industry standards and ensuring client satisfaction through quality workmanship.

How much funding has JP Electric raised?

JP Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in JP Electric

PPP

Public-Private Partnership

What's next for JP Electric?

The recent major strategic investment signals a new phase of development for JP Electric, likely enabling expansion of services, technological upgrades, or strategic acquisitions. Given the large-scale late-stage funding context, the company is poised for significant operational scaling and market penetration. This capital infusion is expected to bolster their capacity to undertake larger projects and further solidify their leadership in the regional electrical services market.

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Frequently Asked Questions Regarding JP Electric Financial Insights

What are the most recent funding rounds that JP Electric has completed, and what were the funding rounds?
JP Electric has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding JP Electric has raised to date?
JP Electric has raised a total of $150K in funding to date.
How many funding rounds has JP Electric completed?
JP Electric has completed 1 funding rounds.
How much funding did JP Electric raise in its most recent funding round?
JP Electric raised $150K in its most recent funding round.
Who are the lead investors in JP Electric's latest funding round?
The lead investor in JP 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 JP Electric's history?
The largest funding round in JP Electric's history was $150K.
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