What is Libra Electric?
Established in 1983 and operating out of Oklahoma, Libra Electric functions through two primary divisions: construction and service. The construction arm is geared towards undertaking medium to large-scale projects, while the service division is dedicated to providing emergency repairs, routine maintenance, and smaller-scale installations. Their comprehensive electrical services span commercial and industrial repairs, system upgrades, and specialized airport installations, backed by full bonding, insurance, and state licensing.
How much funding has Libra Electric raised?
Libra Electric has raised a total of $823K across 1 funding round:
Debt
$823K
Debt (2021): $823K with participation from PPP
What's next for Libra Electric?
The recent strategic investment signals a pivotal moment for Libra Electric, likely enabling further expansion of its construction capabilities and enhancement of its service division's emergency response infrastructure. This capital infusion is expected to bolster its market presence in Oklahoma and potentially beyond, allowing for greater operational capacity and technological adoption in its specialized electrical services.
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