What is Ohms Electrical?
Ohms Electrical operates within the dynamic Commercial & Residential Construction industry, employing between 10 to 19 individuals and generating revenues in the range of $1M to $5M. Headquartered in Margate, Florida, the company has established a foothold in its market. The recent influx of capital, characterized as a major strategic investment, signals a pivotal moment for the firm's operational expansion and market penetration efforts.
How much funding has Ohms Electrical raised?
Ohms Electrical has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Ohms Electrical
PPP
Public-Private Partnership
What's next for Ohms Electrical?
The company's large-scale late-stage funding context suggests a focus on scaling operations, potentially through market expansion, technological integration, or increased service capacity. This strategic financing is likely to fuel Ohms Electrical's growth initiatives, enabling it to capitalize on opportunities within the competitive construction landscape and solidify its market position. Future developments may include enhanced project delivery capabilities and broader service offerings.
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