What is Rake Electric?
Rake Electric operates as a comprehensive electrical contracting entity, catering to a diverse clientele across commercial and residential sectors within San Francisco, Marin County, Sonoma County, and Alameda County. Their service portfolio is extensive, encompassing new construction electrical work, remodels, tenant improvements, service upgrades, routine maintenance and repairs, communications infrastructure, design services, landscape lighting solutions, and generator system installations. The company emphasizes a commitment to quality workmanship and professional conduct, ensuring all services are performed by licensed electricians. Building strong customer relationships is a core value, driving their dedication to fulfilling varied electrical requirements.
How much funding has Rake Electric raised?
Rake Electric has raised a total of $343K across 2 funding rounds:
Debt
$150K
Debt
$193K
Debt (2020): $150K with participation from PPP
Debt (2021): $193K led by PPP
Key Investors in Rake Electric
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Rake Electric?
The substantial backing Rake Electric has received, particularly the recent strategic investment, positions the company for accelerated growth and service diversification. This capital infusion is likely to fuel investments in advanced technologies, fleet expansion, and potentially the broadening of their service areas or specialization in emerging electrical fields like EV charging infrastructure or smart building systems. The company's focus on professionalism and quality suggests a strategic approach to scaling operations, aiming to solidify its market leadership and enhance its competitive edge in the Bay Area's dynamic construction and maintenance landscape.
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