How Much Did Progressive Electrical Services Raise?
Funding & Key Investors

Progressive Electrical Services has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment underscores the company's established position in the electrical services sector and its trajectory for further expansion.

What is Progressive Electrical Services?

Progressive Electrical Services
ConstructionConstruction Management

Progressive Electrical Services, Inc. operates as a comprehensive electrical contracting firm, delivering a broad spectrum of services. These encompass electrical construction, specialized commercial and industrial electrical maintenance, and expert installation and inspection of overhead cranes. The company serves a diverse clientele, ranging from residential customers to large-scale commercial and industrial operations, emphasizing prompt and professional service delivery. As a UL 508A Listed ICP Manufacturer, Progressive Electrical Services possesses specialized knowledge in control systems and the design and implementation of photovoltaic systems. Their dedication to client satisfaction and a varied project portfolio positions them as a key player aiming for leadership within the electrical services industry.

How much funding has Progressive Electrical Services raised?

Progressive Electrical Services has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Progressive Electrical Services

PPP

Public-Private Partnership

What's next for Progressive Electrical Services?

The company's recent major strategic investment, within the context of large-scale late-stage funding, signals a pivotal moment for Progressive Electrical Services. This capital infusion is likely earmarked for scaling operations, enhancing technological capabilities, and potentially expanding its service footprint. The focus on control systems and photovoltaic installations suggests a strategic push into renewable energy and advanced automation markets, aligning with broader industry trends and positioning the company for sustained growth and market leadership.

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Frequently Asked Questions Regarding Progressive Electrical Services Financial Insights

What are the most recent funding rounds that Progressive Electrical Services has completed, and what were the funding rounds?
Progressive Electrical Services has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Progressive Electrical Services has raised to date?
Progressive Electrical Services has raised a total of $150K in funding to date.
How many funding rounds has Progressive Electrical Services completed?
Progressive Electrical Services has completed 1 funding rounds.
How much funding did Progressive Electrical Services raise in its most recent funding round?
Progressive Electrical Services raised $150K in its most recent funding round.
Who are the lead investors in Progressive Electrical Services's latest funding round?
The lead investor in Progressive Electrical Services'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 Progressive Electrical Services's history?
The largest funding round in Progressive Electrical Services's history was $150K.
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