How Much Did PM Electric Raise?
Funding & Key Investors

PM Electric has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment underscores the company's established presence and ongoing development within the electrical services sector. The company's funding trajectory indicates a mature operational phase, likely leveraging this capital for expansion or service enhancement.

What is PM Electric?

PM Electric
ConstructionConstruction ManagementConsumer Services

Founded in 1992, P.M. Electric is a long-standing provider of electrical services in the Hampton Roads region, with a particular specialization in new construction wiring. The company boasts over 40 years of combined experience, offering essential services such as dedicated circuit breaker connections, line voltage checks, and the installation of 110v receptacles. Based in Virginia Beach, VA, P.M. Electric emphasizes client availability and encourages appointment scheduling to meet customer needs.

How much funding has PM Electric raised?

PM Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in PM Electric

PPP

Public-Private Partnership

What's next for PM Electric?

The substantial backing indicated by the $150K suggests PM Electric is poised for significant growth or strategic initiatives. This late-stage funding likely enables the company to scale its operations, invest in new technologies, or expand its service offerings to a broader market. The focus on new construction wiring, combined with a commitment to client service, positions PM Electric to capitalize on regional development and infrastructure projects. Future developments may include enhanced service capabilities or strategic partnerships to further solidify its market position.

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Frequently Asked Questions Regarding PM Electric Financial Insights

What are the most recent funding rounds that PM Electric has completed, and what were the funding rounds?
PM Electric has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding PM Electric has raised to date?
PM Electric has raised a total of $150K in funding to date.
How many funding rounds has PM Electric completed?
PM Electric has completed 1 funding rounds.
How much funding did PM Electric raise in its most recent funding round?
PM Electric raised $150K in its most recent funding round.
Who are the lead investors in PM Electric's latest funding round?
The lead investor in PM Electric'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 PM Electric's history?
The largest funding round in PM Electric's history was $150K.
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