How Much Did LB Electric Raise?
Funding & Key Investors

LB Electric has secured $54K in total financing, with a recent capital injection of $54K designated for substantial expansion. This latest round signifies a critical growth phase for the electrical contracting firm, positioning it for broader market reach and operational scaling.

What is LB Electric?

LB Electric
ConstructionConstruction Management

LB Electric, operating as an electrical contractor in West Monroe, Louisiana, specializes in comprehensive electrical construction services. Their expertise spans new construction projects and extensive remodel work, catering to a diverse client base requiring robust electrical infrastructure. The company's commitment to quality and experience in complex installations underpins its market presence.

How much funding has LB Electric raised?

LB Electric has raised a total of $54K across 1 funding round:

2021

Debt

$54K

Debt (2021): $54K with participation from PPP

Key Investors in LB Electric

PPP

Public-Private Partnership

What's next for LB Electric?

With the infusion of significant expansion capital, LB Electric is poised for strategic growth. This funding is expected to fuel advancements in operational capacity, potentially through technology adoption, workforce expansion, or geographic diversification. The company's trajectory, marked by this substantial investment, indicates a move towards solidifying its position as a leading electrical services provider in its operational regions.

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Frequently Asked Questions Regarding LB Electric Financial Insights

What are the most recent funding rounds that LB Electric has completed, and what were the funding rounds?
LB Electric has recently completed 1 funding rounds: Debt on Feb 4, 2021.
What is the total amount of funding LB Electric has raised to date?
LB Electric has raised a total of $54K in funding to date.
How many funding rounds has LB Electric completed?
LB Electric has completed 1 funding rounds.
How much funding did LB Electric raise in its most recent funding round?
LB Electric raised $54K in its most recent funding round.
Who are the lead investors in LB Electric's latest funding round?
The lead investor in LB 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 LB Electric's history?
The largest funding round in LB Electric's history was $54K.
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