How Much Did Pro Electric Raise?
Funding & Key Investors

Pro 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 growth trajectory in the electrical contracting sector.

What is Pro Electric?

Pro Electric
ConstructionConstruction Management

Pro Electric, Inc., founded in 1990 and based in Huntsville, Alabama, is a licensed electrical contractor serving commercial and industrial clients across the Southeast. The company offers a comprehensive suite of services, including design and installation for new construction, maintenance, energy-saving thermal imagery, and specialized lighting solutions for large venues like parking lots and stadiums. Pro Electric has cultivated a strong industry reputation through decades of experience, a commitment to quality, and a focus on customer satisfaction. They also provide emergency services and invest in their team's professional development and career advancement.

How much funding has Pro Electric raised?

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

2020

Debt

$150K

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

Key Investors in Pro Electric

PPP

Public-Private Partnership

What's next for Pro Electric?

The substantial capital infusion, indicated by the $150K and the recent $150K strategic investment, positions Pro Electric for continued expansion and operational enhancement. This late-stage funding suggests a focus on scaling existing operations, potentially expanding service areas, or investing in advanced technologies to maintain its competitive edge in the electrical contracting market. The company's established track record and comprehensive service offerings provide a solid foundation for leveraging this new capital to drive further growth and solidify its market leadership.

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Frequently Asked Questions Regarding Pro Electric Financial Insights

What are the most recent funding rounds that Pro Electric has completed, and what were the funding rounds?
Pro Electric has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding Pro Electric has raised to date?
Pro Electric has raised a total of $150K in funding to date.
How many funding rounds has Pro Electric completed?
Pro Electric has completed 1 funding rounds.
How much funding did Pro Electric raise in its most recent funding round?
Pro Electric raised $150K in its most recent funding round.
Who are the lead investors in Pro Electric's latest funding round?
The lead investor in Pro 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 Pro Electric's history?
The largest funding round in Pro Electric's history was $150K.
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