What is Linear Electric?
Established in 1986, Linear Electric Inc. is a prominent provider of electrical, construction, maintenance, and communications services within the Chicagoland area. As a licensed and bonded contracting firm, the company prides itself on delivering personalized service to its clientele. Its team comprises in-house engineers, estimators, and project managers boasting over two centuries of combined experience, enabling Linear Electric to manage projects of any scale, from emergency service calls and new installations to design/build projects, remodeling, maintenance, and general wiring. The company offers comprehensive project management across all construction phases, fostering strong working relationships with its quality clients.
How much funding has Linear Electric raised?
Linear Electric has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Linear Electric?
The substantial capital infusion, particularly the recent strategic investment, positions Linear Electric for accelerated expansion and enhanced service capabilities. This late-stage funding suggests a focus on scaling operations, potentially through market penetration, technological advancements, or strategic acquisitions. The company's robust history and comprehensive service offerings provide a solid foundation for leveraging this new financing to solidify its leadership in the electrical contracting sector and explore new avenues for growth.
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