What is Live Electric?
Headquartered in Glen Ellyn, Illinois, Live Electric, LLC operates as a specialized electrical contracting firm serving the commercial and industrial markets. The company provides a comprehensive suite of technical solutions, ranging from high-voltage infrastructure and control wiring to complex transformer installations and fire alarm systems. By maintaining a focus on high-reliability networking and industrial-grade electrical maintenance, Live Electric has established itself as a critical service provider for businesses requiring precision and safety in their electrical systems. Their business model emphasizes skilled labor deployment and competitive pricing, positioning them as a preferred partner for large-scale infrastructure projects throughout the Chicagoland region.
How much funding has Live Electric raised?
Live Electric has raised a total of $320K across 2 funding rounds:
Debt
$150K
Debt
$170K
Debt (2020): $150K with participation from PPP
Debt (2021): $170K led by PPP
Key Investors in Live Electric
PPP
Public-Private Partnership
What's next for Live Electric?
With the recent influx of capital, Live Electric is well-positioned to scale its service capabilities and potentially expand its geographic reach beyond the immediate Illinois market. The firm is expected to prioritize the modernization of its technical equipment and the acquisition of specialized talent to meet the increasing demand for high-voltage and industrial control systems. As the company transitions through this late-stage funding phase, strategic focus will likely shift toward optimizing operational efficiencies and securing long-term service contracts with major industrial clients. This growth trajectory suggests a move toward greater market dominance in the regional electrical contracting space, supported by a stable foundation of debt-based financing.
See full Live Electric company page