How Much Did RDS Electric Raise?
Funding & Key Investors

RDS Electric has secured $789K in total capital, with its most recent funding round bringing in $439K through a major strategic investment. This significant backing underscores the company's established presence and strategic growth initiatives within the electrical services sector.

What is RDS Electric?

RDS Electric
ConstructionConstruction ManagementConsumer Services

RDS Electric Inc. has been a provider of comprehensive electrical services in the Phoenix, AZ area since 1981. The company serves residential, commercial, industrial, and renewable energy sectors, offering services that include commercial construction, dry utility services, industrial electrical solutions, and emergency repairs. RDS Electric emphasizes exceptional service and client satisfaction, positioning itself as a versatile, one-stop shop for diverse electrical needs. Their commitment to timely and efficient project execution is supported by a 24/7 skilled team.

How much funding has RDS Electric raised?

RDS Electric has raised a total of $789K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$439K

Debt (2020): $350K with participation from PPP

Debt (2021): $439K led by PPP

Key Investors in RDS Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for RDS Electric?

The recent major strategic investment, alongside the substantial total enterprise-level funding, indicates RDS Electric is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in service capabilities, potentially expanding their geographic reach or investing in new technologies within the renewable energy and industrial sectors. The company's focus on being a comprehensive electrical solutions provider suggests future growth will involve deepening their service offerings and solidifying their market leadership in Arizona.

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Frequently Asked Questions Regarding RDS Electric Financial Insights

What are the most recent funding rounds that RDS Electric has completed, and what were the funding rounds?
RDS Electric has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 15, 2020.
What is the total amount of funding RDS Electric has raised to date?
RDS Electric has raised a total of $789K in funding to date.
How many funding rounds has RDS Electric completed?
RDS Electric has completed 2 funding rounds.
How much funding did RDS Electric raise in its most recent funding round?
RDS Electric raised $439K in its most recent funding round.
Who are the lead investors in RDS Electric's latest funding round?
The lead investor in RDS 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 RDS Electric's history?
The largest funding round in RDS Electric's history was $439K.
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