How Much Did King Electric Raise?
Funding & Key Investors

King Electric has secured $1M in total capital, with a recent strategic investment of $1M marking a significant milestone. This enterprise-level funding underscores the company's established position and future growth potential in the heating industry.

What is King Electric?

King Electric
ManufacturingBuilding MaterialsAppliances

King Electric, formerly King Manufacturing Company, has been a stalwart in the heating industry since 1958. Proudly family-owned and operated from Seattle, Washington, the company emphasizes continuous research and development, product quality, and a commitment to delivering superior heating solutions. This dedication has allowed King Electric to maintain its leadership amidst industry consolidation.

How much funding has King Electric raised?

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

2020

Debt

$1M

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

Key Investors in King Electric

PPP

Public-Private Partnership

What's next for King Electric?

The recent major strategic investment signals King Electric's readiness for its next phase of expansion and innovation. This capital infusion is expected to fuel further advancements in product development and potentially broaden market reach. As a company with a long-standing history of quality and family ownership, this strategic backing positions King Electric to enhance its competitive edge and continue its legacy of excellence in the heating sector.

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Frequently Asked Questions Regarding King Electric Financial Insights

What are the most recent funding rounds that King Electric has completed, and what were the funding rounds?
King Electric has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding King Electric has raised to date?
King Electric has raised a total of $1M in funding to date.
How many funding rounds has King Electric completed?
King Electric has completed 1 funding rounds.
How much funding did King Electric raise in its most recent funding round?
King Electric raised $1M in its most recent funding round.
Who are the lead investors in King Electric's latest funding round?
The lead investor in King 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 King Electric's history?
The largest funding round in King Electric's history was $1M.
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