What is R&D Electrical?
R&D Electrical, LLC is a licensed and insured electrical contractor based in Roanoke, TX, specializing in high-quality electrical contracting services across diverse sectors including healthcare, education, and aviation. With a combined experience exceeding 100 years, their expertise caters to critical infrastructure such as hospitals, hotels, schools, and government buildings. The company is dedicated to upholding stringent safety standards and ensuring client satisfaction through comprehensive services ranging from intricate troubleshooting and repairs to large-scale installations and renovations within the North Central Texas region.
How much funding has R&D Electrical raised?
R&D Electrical has raised a total of $300K across 3 funding rounds:
Debt
$150K
Debt
$100K
Debt
$50K
Debt (2020): $150K with participation from PPP
Debt (2024): $100K, investors not publicly disclosed
Debt (2024): $50K, investors not publicly disclosed
Key Investors in R&D Electrical
PPP
Public-Private Partnership
What's next for R&D Electrical?
The recent major strategic investment signals a pivotal phase for R&D Electrical, likely enabling expansion of its service capabilities, technological integration, or geographic reach within the competitive North Texas market. This substantial backing, within the context of large-scale late-stage funding, positions the company for accelerated development and potentially larger, more complex projects. Future endeavors may focus on solidifying its reputation in specialized sectors and exploring new opportunities for growth and operational enhancement.
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