How Much Did Performance Electrical Contracting Raise?
Funding & Key Investors

Performance Electrical Contracting, a Jacksonville-based firm specializing in comprehensive electrical solutions, has secured significant capital, with its total funding reaching $327K. The company recently closed a major strategic investment of $177K, underscoring its established position in the market. This latest financing round follows previous debt facilities, indicating a consistent strategy for capital acquisition to support its growth and operational capacity.

What is Performance Electrical Contracting?

Performance Electrical Contracting
ConstructionConstruction Management

Performance Electrical Contracting Inc. has established itself as a prominent electrical contracting firm with over a decade of experience serving the Southeast USA, particularly in Jacksonville, Florida. The company offers a wide array of electrical services, catering to sectors such as multifamily housing, hospitality, infrastructure development, commercial projects, and residential construction. PEC's operational philosophy centers on delivering high-quality outcomes that precisely meet client requirements, ensuring timely and budget-conscious project completion. This dedication to excellence and client satisfaction has solidified its reputation as a reliable partner within the construction industry.

How much funding has Performance Electrical Contracting raised?

Performance Electrical Contracting has raised a total of $327K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$177K

Debt (2020): $150K with participation from PPP

Debt (2021): $177K led by PPP

What's next for Performance Electrical Contracting?

With a history of securing substantial debt financing and a recent major strategic investment, Performance Electrical Contracting appears poised for continued expansion and operational enhancement. The 'large-scale late-stage funding' context suggests the company is likely leveraging this capital for significant project acquisitions, technological upgrades, or geographic market penetration within the Southeast USA. The strategic nature of the recent investment may also signal partnerships aimed at enhancing service offerings or securing larger, more complex contracts, further cementing its role as a key player in the regional electrical contracting landscape.

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Frequently Asked Questions Regarding Performance Electrical Contracting Financial Insights

What are the most recent funding rounds that Performance Electrical Contracting has completed, and what were the funding rounds?
Performance Electrical Contracting has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Performance Electrical Contracting has raised to date?
Performance Electrical Contracting has raised a total of $327K in funding to date.
How many funding rounds has Performance Electrical Contracting completed?
Performance Electrical Contracting has completed 2 funding rounds.
How much funding did Performance Electrical Contracting raise in its most recent funding round?
Performance Electrical Contracting raised $177K in its most recent funding round.
Who are the lead investors in Performance Electrical Contracting's latest funding round?
The lead investor in Performance Electrical Contracting'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 Performance Electrical Contracting's history?
The largest funding round in Performance Electrical Contracting's history was $177K.
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