How Much Did PEC Raise?
Funding & Key Investors

PEC has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This significant backing underscores the company's established position in the market and its trajectory for continued expansion.

What is PEC?

PEC
ConstructionCivil Engineering Construction

PEC is a specialized provider of trenchless construction services, focusing on the rehabilitation of underground infrastructure. The company is a licensed installer of Cured in Place Pipe (CIPP) and Strong-Seal manhole rehabilitation materials. PEC's operational philosophy emphasizes quality in both materials and workmanship, fostered by a cohesive, team-oriented atmosphere. Their expertise spans the rehabilitation of entire collection systems, including manholes, storm drain mains, sewer mains, and laterals, offering efficient and minimally disruptive solutions.

How much funding has PEC raised?

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

2020

Debt

$350K

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

Key Investors in PEC

PPP

Public-Private Partnership

What's next for PEC?

The company's large-scale, late-stage funding context suggests a strategic phase focused on scaling operations, expanding market reach, or potentially pursuing acquisitions. This infusion of capital is likely earmarked for enhancing technological capabilities, increasing fleet capacity, and solidifying its competitive advantage in the growing trenchless infrastructure market. PEC's commitment to quality and its specialized service offerings position it well for sustained growth and leadership in infrastructure rehabilitation.

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Frequently Asked Questions Regarding PEC Financial Insights

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