How Much Did RADEC Raise?
Funding & Key Investors

RADEC has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant backing underscores the company's established presence and its ongoing trajectory in the electrical contracting sector.

What is RADEC?

RADEC
ConstructionConstruction Management

RADEC Electric Corporation, based in Rochester, NY, is a seasoned electrical contractor with over five decades of experience. The company specializes in delivering comprehensive electrical construction, controls, and communication solutions to a wide array of clients across healthcare, education, industrial, and commercial markets. RADEC is recognized for its commitment to safety and the utilization of advanced technology to ensure precision and reliability in its projects, from intricate hospital systems to large-scale multi-family housing developments.

How much funding has RADEC raised?

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

2020

Debt

$1M

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

What's next for RADEC?

The recent major strategic investment signals a pivotal moment for RADEC, likely enabling further expansion of its service capabilities and geographic reach. This capital infusion is expected to bolster its capacity to undertake complex, large-scale projects and reinforce its position as a leader in the electrical infrastructure domain. The company's focus on innovation and safety positions it well for continued growth and market leadership.

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Frequently Asked Questions Regarding RADEC Financial Insights

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