How Much Did Ncn Electric Raise?
Funding & Key Investors

Ncn Electric, a prominent player in the electrical contracting sector, has secured significant capital, with its total funding reaching $921K. The company recently closed a major strategic investment, bringing in $571K in new financing. This latest round underscores the company's established position and its ongoing strategic growth initiatives within the commercial building market.

What is Ncn Electric?

Ncn Electric
ConstructionConstruction Management

Ncn Electric is a seasoned provider of electrical contracting services tailored for commercial buildings. With over four decades of experience, the company offers comprehensive expertise in new construction electrical work, lighting solutions, and intricate project design and engineering. Their team of electricians is proficient in managing large-scale projects, ensuring adherence to timelines and budgets. Ncn Electric's service portfolio extends to fiber optic systems, essential 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 signals a pivotal phase for Ncn Electric, likely enabling expansion of its service capabilities and market reach. Given the enterprise-level context of its total funding, the company is poised to undertake larger commercial projects and potentially explore new technological integrations within electrical systems. This capital infusion is expected to bolster its capacity to serve a growing client base and reinforce its competitive edge in the electrical contracting industry.

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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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