How Much Did Marks Electric Raise?
Funding & Key Investors

Marks Electric has secured $68K in total financing, with a recent injection of $68K designated for substantial expansion capital. This latest investment underscores the company's significant growth trajectory, positioning it for further development in the competitive electrical services market.

What is Marks Electric?

Marks Electric
ConstructionConstruction Management

Marks Electric is a licensed and insured electrical contractor based in southwest Florida, serving both residential and commercial clients. The company offers a comprehensive suite of services, including troubleshooting, installations, repairs, and electrical work for remodels. Notably, Marks Electric also provides preparedness services, such as the installation of manual transfer switches for generators, anticipating seasonal demands like hurricane season. Their commitment to efficient service delivery is supported by knowledgeable and friendly technicians.

How much funding has Marks Electric raised?

Marks Electric has raised a total of $68K across 1 funding round:

2021

Debt

$68K

Debt (2021): $68K with participation from PPP

What's next for Marks Electric?

With significant Series B/C stage backing, Marks Electric is poised for strategic expansion. The recent influx of capital is expected to fuel operational scaling, potentially through increased service offerings, geographic reach, or technological advancements in their contracting services. This investment signals confidence from financial backers in Marks Electric's business model and its capacity to capture a larger market share within the electrical contracting industry in Florida.

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Frequently Asked Questions Regarding Marks Electric Financial Insights

What are the most recent funding rounds that Marks Electric has completed, and what were the funding rounds?
Marks Electric has recently completed 1 funding rounds: Debt on Feb 25, 2021.
What is the total amount of funding Marks Electric has raised to date?
Marks Electric has raised a total of $68K in funding to date.
How many funding rounds has Marks Electric completed?
Marks Electric has completed 1 funding rounds.
How much funding did Marks Electric raise in its most recent funding round?
Marks Electric raised $68K in its most recent funding round.
Who are the lead investors in Marks Electric's latest funding round?
The lead investor in Marks 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 Marks Electric's history?
The largest funding round in Marks Electric's history was $68K.
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