How Much Did Priority Electric Raise?
Funding & Key Investors

Priority Electric has secured $150K in total capital, with its most recent financing round yielding $150K. This significant backing underscores the company's established presence and strategic positioning within the electrical contracting sector.

What is Priority Electric?

Priority Electric
ConstructionConstruction Management

Established in 1986, Priority Electric Inc. is a Connecticut-based electrical contractor renowned for its specialized services in Pool and Spa Electrical Solutions. The company prides itself on a professional team of licensed electricians committed to upholding rigorous standards of workmanship and safety. Serving clients across Connecticut and southern Massachusetts, Priority Electric delivers high-quality electrical services for both residential and commercial projects, with a particular emphasis on ensuring client safety and satisfaction in complex pool and spa wiring applications.

How much funding has Priority Electric raised?

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

2020

Debt

$150K

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

What's next for Priority Electric?

The recent major strategic investment signals a new phase of growth and development for Priority Electric. As a company that has already achieved substantial scale, this capital infusion is likely to fuel further expansion, potentially into new geographic markets or the enhancement of its specialized service offerings. The focus on strategic investment suggests a move towards solidifying its market leadership and exploring opportunities that align with its core competencies in electrical contracting, particularly within the niche of pool and spa installations.

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Frequently Asked Questions Regarding Priority Electric Financial Insights

What are the most recent funding rounds that Priority Electric has completed, and what were the funding rounds?
Priority Electric has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Priority Electric has raised to date?
Priority Electric has raised a total of $150K in funding to date.
How many funding rounds has Priority Electric completed?
Priority Electric has completed 1 funding rounds.
How much funding did Priority Electric raise in its most recent funding round?
Priority Electric raised $150K in its most recent funding round.
Who are the lead investors in Priority Electric's latest funding round?
The lead investor in Priority 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 Priority Electric's history?
The largest funding round in Priority Electric's history was $150K.
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