How Much Did Pace Electric Raise?
Funding & Key Investors

Pace Electric has successfully secured a significant capital injection, bringing its cumulative financing to $350K. This latest major strategic investment of $350K underscores the firm's robust market position and its ability to attract substantial backing even in competitive industrial sectors. By leveraging this influx of capital, the organization is well-positioned to solidify its footprint in the Southeastern Wisconsin electrical contracting market, ensuring long-term operational stability and continued service excellence.

What is Pace Electric?

Pace Electric
ConstructionConstruction ManagementArchitecture, Engineering & Design

Pace Electric, Inc. operates as a cornerstone of the regional infrastructure sector, boasting over four decades of specialized experience in electrical contracting and design-build services. The company distinguishes itself through a high-touch service model, evidenced by an impressive 80 percent repeat client rate. Their core competencies span complex technology solutions, comprehensive maintenance, and large-scale electrical installations. By maintaining a rigorous focus on safety, budgetary discipline, and project timelines, Pace Electric has cultivated a reputation for reliability that serves as a significant competitive moat in the construction and utility services industry.

How much funding has Pace Electric raised?

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

2020

Debt

$350K

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

Key Investors in Pace Electric

PPP

Public-Private Partnership

What's next for Pace Electric?

With the recent infusion of capital, Pace Electric is poised to transition into a new phase of organizational scaling and technological integration. The strategic deployment of these funds will likely focus on enhancing their design-build capabilities and expanding their service maintenance portfolio to meet the evolving demands of the regional commercial and industrial landscape. As the company navigates this late-stage growth trajectory, the focus remains on maintaining the high standards of professionalism that have defined their four-decade history while simultaneously exploring new efficiencies in project delivery and client management systems.

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Frequently Asked Questions Regarding Pace Electric Financial Insights

What are the most recent funding rounds that Pace Electric has completed, and what were the funding rounds?
Pace Electric has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Pace Electric has raised to date?
Pace Electric has raised a total of $350K in funding to date.
How many funding rounds has Pace Electric completed?
Pace Electric has completed 1 funding rounds.
How much funding did Pace Electric raise in its most recent funding round?
Pace Electric raised $350K in its most recent funding round.
Who are the lead investors in Pace Electric's latest funding round?
The lead investor in Pace 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 Pace Electric's history?
The largest funding round in Pace Electric's history was $350K.
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