What is Phasor Electric?
Phasor Electric Company, an electrical contractor based in Minnesota, specializes in comprehensive electrical installation, upgrades, and repairs for both public and private sectors. With over three decades of experience, the company caters to a diverse clientele including educational, industrial, institutional, medical, and commercial entities. Phasor Electric is recognized for its rapid and dependable service, adeptly managing projects of all scales with notable expertise and efficiency. Furthermore, its dedicated service department is equipped to handle emergency repairs, power outages, and code corrections across the state, ensuring continuous operational support for its clients.
How much funding has Phasor Electric raised?
Phasor Electric has raised a total of $836K across 2 funding rounds:
Debt
$350K
Debt
$486K
Debt (2020): $350K with participation from PPP
Debt (2021): $486K led by PPP
Key Investors in Phasor Electric
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Phasor Electric?
The substantial enterprise-level funding, coupled with the recent strategic investment, positions Phasor Electric for continued operational excellence and potential expansion of its service offerings. This financial backing suggests a focus on reinforcing its market position and potentially investing in infrastructure or technology to enhance its capabilities in handling large-scale electrical projects. The company's long-standing experience and diverse client base provide a solid foundation for leveraging this capital to further solidify its reputation as a reliable and expert electrical service provider in Minnesota.
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