What is Performance Electric?
Performance Electric Inc. is a family-owned electrical contractor established in Oklahoma City in 1982. The company specializes in providing comprehensive electrical services across residential, commercial, and industrial sectors. Their offerings include repairs, system upgrades, safety inspections, and the installation and maintenance of generators, supported by a 24/7 emergency service. Performance Electric is dedicated to delivering high-quality workmanship and personalized customer care, extending special discounts to seniors, military personnel, teachers, and first responders. They serve a broad client base throughout Oklahoma, ensuring dependable electrical solutions.
How much funding has Performance Electric raised?
Performance Electric has raised a total of $73K across 1 funding round:
Debt
$73K
Debt (2021): $73K with participation from PPP
Key Investors in Performance Electric
PPP
Public-Private Partnership
What's next for Performance Electric?
With the recent influx of expansion capital, Performance Electric is poised for significant growth and service enhancement. The company's strategic focus will likely involve expanding its operational capacity, potentially investing in new technologies, and broadening its service reach within Oklahoma and possibly adjacent markets. This investment at a Series B/C stage suggests a commitment to scaling operations to meet increasing demand and solidifying its market leadership in the electrical contracting industry. Future developments may include enhanced digital service offerings and further diversification of their client portfolio.
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