How Much Did Orient Electric Raise?
Funding & Key Investors

Orient Electric has secured a significant strategic investment, contributing to its total funding of $350K. The company recently received $350K in a major strategic investment round, underscoring its established position in the market. This latest capital infusion is expected to fuel further expansion and operational enhancements for the electrical contracting firm.

What is Orient Electric?

Orient Electric
ConstructionConstruction Management

Orient Electric, a family-owned entity established in 1976 and based in Portland, OR, operates as a comprehensive electrical contracting company. It caters to a diverse clientele across residential, commercial, industrial, and agricultural sectors. The company's service portfolio includes wiring, lighting, electrical repairs, and the installation of EV charging solutions. Recognized for its commitment to customer satisfaction, evidenced by a decade-long tenure as a top electrical contractor in its region and a 100% work guarantee, Orient Electric leverages its extensive experience to address specialized electrical requirements, ensuring dependable service for a broad spectrum of clients.

How much funding has Orient Electric raised?

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

2020

Debt

$350K

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

What's next for Orient Electric?

With a history of large-scale, late-stage funding, Orient Electric is poised for continued growth and service enhancement. The recent strategic investment signals confidence from backers in the company's long-term viability and market strategy. This capital is likely to be deployed towards expanding service capabilities, potentially integrating new technologies like advanced EV charging infrastructure, and reinforcing its operational footprint within the Portland metropolitan area and beyond. The company's focus on reliability and customer satisfaction, coupled with its broad sector reach, positions it well for sustained development in the competitive electrical services market.

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Frequently Asked Questions Regarding Orient Electric Financial Insights

What are the most recent funding rounds that Orient Electric has completed, and what were the funding rounds?
Orient Electric has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Orient Electric has raised to date?
Orient Electric has raised a total of $350K in funding to date.
How many funding rounds has Orient Electric completed?
Orient Electric has completed 1 funding rounds.
How much funding did Orient Electric raise in its most recent funding round?
Orient Electric raised $350K in its most recent funding round.
Who are the lead investors in Orient Electric's latest funding round?
The lead investor in Orient 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 Orient Electric's history?
The largest funding round in Orient Electric's history was $350K.
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