How Much Did Professional Electrical Products Raise?
Funding & Key Investors

Professional Electrical Products has secured significant capital, with its total funding reaching $2M. The company recently announced a major strategic investment, adding to its financial momentum. This latest injection of capital underscores the company's established presence in the electrical products distribution sector.

What is Professional Electrical Products?

Professional Electrical Products
RetailHome Improvement & Hardware Retail

Professional Electric Products Company, Inc., founded in 1968 and headquartered in Eastlake, Ohio, is a key player in the United States market for the distribution and packaging of electrical products. The company has built a long-standing reputation for reliability and service within the industry, catering to a broad range of clients requiring essential electrical components and solutions.

How much funding has Professional Electrical Products raised?

Professional Electrical Products has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Professional Electrical Products

PPP

Public-Private Partnership

What's next for Professional Electrical Products?

The recent major strategic investment signals a new phase of growth and development for Professional Electrical Products. This substantial backing, part of its $2M in total financing, is likely to fuel expansion initiatives, enhance operational capabilities, and potentially explore new market segments or product lines. The company's established history and strategic capital infusion position it for continued success and influence in the electrical products sector.

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Frequently Asked Questions Regarding Professional Electrical Products Financial Insights

What are the most recent funding rounds that Professional Electrical Products has completed, and what were the funding rounds?
Professional Electrical Products has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Professional Electrical Products has raised to date?
Professional Electrical Products has raised a total of $2M in funding to date.
How many funding rounds has Professional Electrical Products completed?
Professional Electrical Products has completed 1 funding rounds.
How much funding did Professional Electrical Products raise in its most recent funding round?
Professional Electrical Products raised $2M in its most recent funding round.
Who are the lead investors in Professional Electrical Products's latest funding round?
The lead investor in Professional Electrical Products'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 Professional Electrical Products's history?
The largest funding round in Professional Electrical Products's history was $2M.
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