How Much Did Potential Electric Raise?
Funding & Key Investors

Potential Electric has secured $1.1M in total capital, with its most recent financing round bringing in $777K through a major strategic investment. This significant backing underscores the company's established presence and growth trajectory within the electrical contracting sector.

What is Potential Electric?

Potential Electric
ConstructionConstruction Management

Potential Electric, LLC is a prominent electrical contractor serving the commercial and industrial building markets across Central Florida. The company is dedicated to maintaining the highest benchmarks for integrity, quality, safety, and professionalism. Their commitment to punctual installations and meticulous project management positions them as a reliable partner in their field, aiming to be the premier provider of electrical services.

How much funding has Potential Electric raised?

Potential Electric has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$777K

Debt (2020): $350K with participation from PPP

Debt (2021): $777K led by PPP

Key Investors in Potential Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Potential Electric?

The recent major strategic investment signals a pivotal phase for Potential Electric, likely enabling expansion of services, technological upgrades, or increased operational capacity. This infusion of capital is expected to accelerate their market penetration and reinforce their position as a top-tier electrical service provider in Central Florida, potentially exploring new commercial and industrial projects.

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Frequently Asked Questions Regarding Potential Electric Financial Insights

What are the most recent funding rounds that Potential Electric has completed, and what were the funding rounds?
Potential Electric has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on May 3, 2020.
What is the total amount of funding Potential Electric has raised to date?
Potential Electric has raised a total of $1.1M in funding to date.
How many funding rounds has Potential Electric completed?
Potential Electric has completed 2 funding rounds.
How much funding did Potential Electric raise in its most recent funding round?
Potential Electric raised $777K in its most recent funding round.
Who are the lead investors in Potential Electric's latest funding round?
The lead investor in Potential 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 Potential Electric's history?
The largest funding round in Potential Electric's history was $777K.
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