How Much Did Opperman Electric Raise?
Funding & Key Investors

Opperman Electric has secured significant capital, with total funding reaching $350K and a recent strategic investment of $350K. This substantial backing underscores the company's established presence and growth trajectory in the electrical contracting sector.

What is Opperman Electric?

Opperman Electric
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Opperman Electric, with over 35 years of experience, is a prominent electrical contracting firm operating across Michigan, with bases in Lapeer and Traverse City. The company caters to both industrial and residential markets, specializing in comprehensive electrical solutions. Their expertise spans electrical engineering, advanced automation systems, robust networking infrastructure, and modern communication systems. Opperman Electric is adept at designing and implementing sophisticated control systems, energy-efficient lighting solutions, and reliable generator systems, all geared towards optimizing client productivity and minimizing energy expenditure. The company holds the necessary licenses to operate throughout Michigan and offers complimentary consultations to prospective clients, demonstrating a commitment to client engagement and service.

How much funding has Opperman Electric raised?

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

2020

Debt

$350K

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

Key Investors in Opperman Electric

PPP

Public-Private Partnership

What's next for Opperman Electric?

The recent large-scale, late-stage funding indicates Opperman Electric is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in technology adoption, service area expansion, and potentially the integration of new service lines within the electrical contracting domain. The company's focus on industrial and residential sectors, coupled with its expertise in automation and energy efficiency, positions it well to capitalize on growing market demands for smart infrastructure and sustainable energy solutions. Further capital infusion at this stage suggests a strategic move towards solidifying market leadership and exploring new avenues for growth and innovation.

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Frequently Asked Questions Regarding Opperman Electric Financial Insights

What are the most recent funding rounds that Opperman Electric has completed, and what were the funding rounds?
Opperman Electric has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Opperman Electric has raised to date?
Opperman Electric has raised a total of $350K in funding to date.
How many funding rounds has Opperman Electric completed?
Opperman Electric has completed 1 funding rounds.
How much funding did Opperman Electric raise in its most recent funding round?
Opperman Electric raised $350K in its most recent funding round.
Who are the lead investors in Opperman Electric's latest funding round?
The lead investor in Opperman 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 Opperman Electric's history?
The largest funding round in Opperman Electric's history was $350K.
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