What is Libra Electric?
Established in 1983, Libra Electric operates as a dual-faceted enterprise providing comprehensive electrical solutions. The firm maintains a robust construction division dedicated to medium and large-scale infrastructure projects, complemented by a specialized service division that addresses emergency repairs, routine maintenance, and smaller-scale installations. With a strong footprint in specialized sectors such as airport electrical systems, the company distinguishes itself through full bonding, insurance, and state-level licensing. This operational maturity allows Libra Electric to serve as a reliable partner for complex industrial and commercial clients, maintaining high standards of safety and technical precision in a demanding regulatory environment.
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
Key Investors in Libra Electric
PPP
Public-Private Partnership
What's next for Libra Electric?
With the recent infusion of capital, Libra Electric is well-positioned to scale its service offerings and modernize its construction capabilities. The strategic allocation of these funds will likely focus on enhancing technical infrastructure and expanding the firm's reach within the competitive Oklahoma market. As the company navigates its current lifecycle stage, the focus remains on optimizing project delivery timelines and deepening its expertise in high-stakes electrical installations. By maintaining its commitment to quality and safety, Libra Electric is poised to sustain its growth trajectory, ensuring long-term value for its stakeholders and clients alike.
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