What is Premium Electric?
Premium Electric Inc., established in 2005, is a provider of superior electrical services across the Chicagoland area. The company leverages a team with over a century of combined industry expertise to deliver quality performance and comprehensive electrical solutions. Founded by Bill Jordt, Sr., Premium Electric prioritizes client satisfaction and maintains competitive pricing. Their project portfolio includes work for notable clients such as Citgo, US Bank, and Hill-Rom, indicating a strong track record in serving large-scale commercial and industrial needs.
How much funding has Premium Electric raised?
Premium Electric has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$839K
Debt (2020): $350K with participation from PPP
Debt (2021): $839K led by PPP
What's next for Premium Electric?
The recent major strategic investment signifies a pivotal moment for Premium Electric, likely enabling expansion into new markets, the acquisition of advanced technologies, or bolstering its capacity to undertake larger, more complex enterprise projects. This infusion of capital is expected to fuel further growth and solidify its competitive position in the electrical services industry, potentially through enhanced service offerings or strategic partnerships.
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