What is Robb's Electric?
Robb's Electric, Inc. is a full-service electrical contracting company with over 50 years of professional experience. It offers comprehensive services including design, installation, repair, and troubleshooting for residential, commercial, and industrial clients. The company has cultivated an outstanding reputation built on quality workmanship, exceptional service, value, safety, and integrity within the electrical services industry.
How much funding has Robb's Electric raised?
Robb's Electric has raised a total of $4.8M across 4 funding rounds:
Debt
$150K
Multiple Rounds
$4.6M
Debt (2020): $150K with participation from PPP
Debt (2024): $3.4M led by American National Bank
Debt (2024): $500K supported by American National Bank
Debt (2024): $785K featuring Home Bank
Key Investors in Robb's Electric
American National Bank
American National Bank is a financial institution likely providing debt financing and banking services to established businesses, supporting their operational and expansionary capital needs.
PPP
Public-Private Partnership
Home Bank
Home Bank is a financial institution that appears to offer various banking and lending solutions, potentially specializing in commercial financing and business credit.
What's next for Robb's Electric?
The substantial enterprise-level capital infusion, particularly the recent strategic investment, positions Robb's Electric for accelerated growth and market penetration. This backing will likely enable the company to enhance its service offerings, expand its operational footprint, and potentially invest in new technologies or infrastructure. The company's long-standing reputation and extensive experience suggest a strategic deployment of these funds to solidify its leadership in the electrical contracting market and pursue new commercial opportunities.
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