How Much Did Power Electric Raise?
Funding & Key Investors

Power Electric has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This recent influx of capital underscores the company's significant traction and potential within the electrical services sector.

What is Power Electric?

Power Electric
ConstructionConstruction Management

Established in 1985, Power Electric is a seasoned provider of comprehensive electrical services, boasting a portfolio of over 800 completed projects in the last two decades. The company specializes in expert installation, renovation, repairs, additions, and modifications across all facets of electrical work. Power Electric distinguishes itself through an unwavering commitment to service quality, ensuring timely responses, professional and courteous personnel, and meticulous workmanship. Their dedication to customer satisfaction is encapsulated in their motto, "Your Power Company," reflecting a deep commitment to meeting client needs across various commercial niches, including retail giants like Banana Republic, Verizon, and Gap.

How much funding has Power Electric raised?

Power Electric has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Power Electric

PPP

Public-Private Partnership

What's next for Power Electric?

The recent major strategic investment signals a pivotal growth phase for Power Electric. This capital infusion is expected to fuel further expansion, potentially enabling the company to scale its operations, enhance its service offerings, and penetrate new markets. The enterprise-level funding context suggests a strategic focus on solidifying its market position and pursuing larger-scale projects, leveraging its extensive experience and established reputation in the electrical contracting industry.

See full Power Electric company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstruction
Architecture, Engineering & DesignConstruction
Construction ManagementConstruction
Construction ManagementConstruction

Frequently Asked Questions Regarding Power Electric Financial Insights

What are the most recent funding rounds that Power Electric has completed, and what were the funding rounds?
Power Electric has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Power Electric has raised to date?
Power Electric has raised a total of $1M in funding to date.
How many funding rounds has Power Electric completed?
Power Electric has completed 1 funding rounds.
How much funding did Power Electric raise in its most recent funding round?
Power Electric raised $1M in its most recent funding round.
Who are the lead investors in Power Electric's latest funding round?
The lead investor in Power 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 Power Electric's history?
The largest funding round in Power Electric's history was $1M.
See more information about Power Electric