How Much Did Northside Electric Raise?
Funding & Key Investors

Northside Electric has secured $350K in total capital, with a recent strategic investment of $350K announced on May 1, 2020. This significant backing positions the company for continued expansion in the electrical contracting sector.

What is Northside Electric?

Northside Electric
ConstructionConstruction Management

Northside Electric, based in Salem, Oregon, is a comprehensive electrical contractor serving residential, commercial, industrial, and low voltage needs. Their expertise spans from new home construction and apartment complexes to retail centers, offices, and industrial facilities. The company also demonstrates a commitment to future-forward solutions by offering renewable energy services, including solar installations and electric vehicle charging infrastructure, catering to a diverse clientele seeking advanced electrical and automation solutions.

How much funding has Northside Electric raised?

Northside Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Northside Electric

PPP

Public-Private Partnership

What's next for Northside Electric?

The recent strategic investment, coupled with the company's extensive service portfolio and focus on renewable energy, suggests Northside Electric is poised for significant growth. This capital infusion will likely fuel expansion into new markets, enhance technological capabilities, and potentially broaden their service offerings in automation and sustainable energy solutions. The company's late-stage funding context indicates a mature operational phase, focusing on scaling and solidifying market leadership.

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Frequently Asked Questions Regarding Northside Electric Financial Insights

What are the most recent funding rounds that Northside Electric has completed, and what were the funding rounds?
Northside Electric has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Northside Electric has raised to date?
Northside Electric has raised a total of $350K in funding to date.
How many funding rounds has Northside Electric completed?
Northside Electric has completed 1 funding rounds.
How much funding did Northside Electric raise in its most recent funding round?
Northside Electric raised $350K in its most recent funding round.
Who are the lead investors in Northside Electric's latest funding round?
The lead investor in Northside 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 Northside Electric's history?
The largest funding round in Northside Electric's history was $350K.
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