What is Moye Electric?
Established in 1989 and based in Dublin, Georgia, Moye Electric Company, Inc. has grown from a sole proprietorship into a robust small business. The company specializes in electrical services, undertaking projects ranging from minor repairs to multi-million dollar contracts. Although not holding a general contractor's license, Moye Electric is a registered prime contractor with the Georgia Department of Transportation, demonstrating a substantial bonding capacity of up to $40 million. Their operational focus is on serving various sectors within Georgia, strategically avoiding direct competition with prime contractors on large-scale commercial and industrial endeavors.
How much funding has Moye Electric raised?
Moye Electric has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Moye Electric
PPP
Public-Private Partnership
What's next for Moye Electric?
The recent strategic investment signals a pivotal moment for Moye Electric, likely enabling expansion of its service capabilities, technological upgrades, or geographic reach within Georgia. As a company with a long-standing operational history and a proven track record with the Georgia Department of Transportation, this capital infusion is expected to fortify its market position and support its continued evolution in the competitive electrical contracting landscape. The large-scale, late-stage funding context suggests a focus on scaling operations and potentially pursuing larger, more complex projects within its established client base.
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