How Much Did Response Electric Raise?
Funding & Key Investors

Response Electric has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant investment underscores the company's established position and potential for continued expansion within the electrical contracting sector. The context of this large-scale, late-stage funding suggests a focus on scaling operations and solidifying market leadership.

What is Response Electric?

Response Electric
ConstructionConstruction Management

Headquartered in Souderton, PA, Response Electric is an electrical contracting firm dedicated to delivering innovative, reliable, and measured services to the construction industry. The company prides itself on a foundation of integrity and quality, driven by a team of talented professionals who prioritize the timely completion of projects, irrespective of their complexity or geographical reach. Trust and dependability are core values, with Response Electric consistently striving to meet and exceed client expectations through a commitment to fulfilling promises and demonstrating keen judgment in problem-solving, all while maintaining the highest safety standards and offering unmatched expertise.

How much funding has Response Electric raised?

Response Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Response Electric

PPP

Public-Private Partnership

What's next for Response Electric?

With the recent influx of capital, Response Electric is poised for significant strategic growth. This large-scale, late-stage investment indicates a trajectory focused on expanding its operational capacity, potentially through acquisitions, technological advancements, or broader market penetration. The company's emphasis on integrity, quality, and reliable service delivery, coupled with its experienced team, positions it well to leverage this financing for enhanced market share and continued innovation in the competitive electrical contracting landscape.

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Frequently Asked Questions Regarding Response Electric Financial Insights

What are the most recent funding rounds that Response Electric has completed, and what were the funding rounds?
Response Electric has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Response Electric has raised to date?
Response Electric has raised a total of $350K in funding to date.
How many funding rounds has Response Electric completed?
Response Electric has completed 1 funding rounds.
How much funding did Response Electric raise in its most recent funding round?
Response Electric raised $350K in its most recent funding round.
Who are the lead investors in Response Electric's latest funding round?
The lead investor in Response 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 Response Electric's history?
The largest funding round in Response Electric's history was $350K.
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