How Much Did Pace Electrical Contractors Raise?
Funding & Key Investors

Pace Electrical Contractors has secured significant capital, with a total funding amount of $350K. The company recently announced a major strategic investment, bringing in $350K in new financing. This latest round underscores the company's established position in the market and its trajectory for continued expansion.

What is Pace Electrical Contractors?

Pace Electrical Contractors
ConstructionConstruction Management

Pace Electrical Contractors, Inc. is a multi-specialty electrical contractor boasting over 39 years of operational experience. The firm caters to diverse sectors including hospitality, commercial, multi-family residential, and individual residences. With active licenses across five states, Pace Electrical Contractors has built a robust portfolio, notably managing various multi-family developments throughout Georgia, Florida, and South Carolina. Their strategic focus targets businesses and developers within the hospitality and residential construction markets, emphasizing quality workmanship and technical expertise to fulfill client electrical requirements.

How much funding has Pace Electrical Contractors raised?

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

2020

Debt

$350K

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

Key Investors in Pace Electrical Contractors

PPP

Public-Private Partnership

What's next for Pace Electrical Contractors?

The recent large-scale, late-stage funding indicates Pace Electrical Contractors is poised for significant growth and strategic initiatives. This capital infusion is likely to fuel expansion into new markets, enhance operational capabilities, and potentially support larger-scale projects within the hospitality and multi-family development sectors. The company's established track record and multi-state licensing provide a strong foundation for leveraging this investment to solidify its market leadership and pursue further development opportunities.

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Frequently Asked Questions Regarding Pace Electrical Contractors Financial Insights

What are the most recent funding rounds that Pace Electrical Contractors has completed, and what were the funding rounds?
Pace Electrical Contractors has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding Pace Electrical Contractors has raised to date?
Pace Electrical Contractors has raised a total of $350K in funding to date.
How many funding rounds has Pace Electrical Contractors completed?
Pace Electrical Contractors has completed 1 funding rounds.
How much funding did Pace Electrical Contractors raise in its most recent funding round?
Pace Electrical Contractors raised $350K in its most recent funding round.
Who are the lead investors in Pace Electrical Contractors's latest funding round?
The lead investor in Pace Electrical Contractors'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 Electrical Contractors's history?
The largest funding round in Pace Electrical Contractors's history was $350K.
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