How Much Did Ncn Electric Raise?
Funding & Key Investors

Ncn Electric has secured $921K in total capital, with its most recent strategic investment amounting to $571K. This significant backing underscores the company's established presence and ongoing development within the electrical contracting sector.

What is Ncn Electric?

Ncn Electric
ConstructionConstruction Management

NCN Electric is a seasoned provider of electrical contracting services tailored for commercial buildings. With a legacy spanning over 40 years, the company offers comprehensive expertise in new construction, lighting solutions, intricate project design, and engineering. Their team of experienced electricians is proficient in managing large-scale projects, ensuring adherence to timelines and budgets. Beyond core services, NCN Electric also specializes in fiber optic systems, circuit breaker repairs, and extensive facility remodels, positioning them as a reliable partner for general contractors and healthcare facilities.

How much funding has Ncn Electric raised?

Ncn Electric has raised a total of $921K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$571K

Debt (2020): $350K with participation from PPP

Debt (2021): $571K led by PPP

What's next for Ncn Electric?

The recent major strategic investment in Ncn Electric signals a phase of potential expansion and enhanced service delivery. Given the company's extensive experience and broad service portfolio, this capital infusion is likely to fuel further growth in its core markets, potentially enabling the adoption of new technologies or the expansion of its operational footprint. The company's focus on complex projects and specialized services suggests a strategic direction aimed at solidifying its position as a leader in commercial electrical contracting.

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Frequently Asked Questions Regarding Ncn Electric Financial Insights

What are the most recent funding rounds that Ncn Electric has completed, and what were the funding rounds?
Ncn Electric has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Ncn Electric has raised to date?
Ncn Electric has raised a total of $921K in funding to date.
How many funding rounds has Ncn Electric completed?
Ncn Electric has completed 2 funding rounds.
How much funding did Ncn Electric raise in its most recent funding round?
Ncn Electric raised $571K in its most recent funding round.
Who are the lead investors in Ncn Electric's latest funding round?
The lead investor in Ncn 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 Ncn Electric's history?
The largest funding round in Ncn Electric's history was $571K.
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