How Much Did LE Electric Raise?
Funding & Key Investors

LE Electric has secured $1.2M in total capital, with its most recent financing round bringing in $808K through a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the electrical contracting sector.

What is LE Electric?

LE Electric
ConstructionConstruction ManagementConsumer Services

LE Electric is a comprehensive electrical contracting firm headquartered in Las Cruces, New Mexico. The company offers a broad spectrum of electrical services, with a particular emphasis on energy efficiency solutions for residential, commercial, and industrial clients. LE Electric provides round-the-clock emergency services and supports new construction projects, prioritizing safety and professional standards through its accredited and licensed workforce. Their commitment is to deliver thorough service that helps clients reduce energy consumption and maintenance expenditures.

How much funding has LE Electric raised?

LE Electric has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$808K

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

Debt (2021): $808K led by PPP

What's next for LE Electric?

The recent major strategic investment signals a pivotal phase for LE Electric, likely aimed at expanding its service offerings, enhancing its energy efficiency technologies, or increasing its operational footprint. This enterprise-level funding suggests a focus on scaling operations and solidifying its market position as a leader in sustainable electrical solutions. Future developments may include broader adoption of advanced energy management systems and further integration of smart technologies within their service portfolio.

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Frequently Asked Questions Regarding LE Electric Financial Insights

What are the most recent funding rounds that LE Electric has completed, and what were the funding rounds?
LE Electric has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 10, 2020.
What is the total amount of funding LE Electric has raised to date?
LE Electric has raised a total of $1.2M in funding to date.
How many funding rounds has LE Electric completed?
LE Electric has completed 2 funding rounds.
How much funding did LE Electric raise in its most recent funding round?
LE Electric raised $808K in its most recent funding round.
Who are the lead investors in LE Electric's latest funding round?
The lead investor in LE 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 LE Electric's history?
The largest funding round in LE Electric's history was $808K.
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