How Much Did Robb's Electric Raise?
Funding & Key Investors

Robb's Electric has secured significant enterprise-level funding, with its total capital raised standing at $4.8M. The company recently announced a major strategic investment of $3.4M, underscoring its robust growth trajectory and market position in the electrical contracting sector. This latest financing round is expected to fuel further expansion and operational enhancements for the established firm.

What is Robb's Electric?

Robb's Electric
ConstructionConstruction ManagementArchitecture, Engineering & Design

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:

2020

Debt

$150K

2024

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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Frequently Asked Questions Regarding Robb's Electric Financial Insights

What are the most recent funding rounds that Robb's Electric has completed, and what were the funding rounds?
Robb's Electric has recently completed 3 funding rounds: Debt on Sep 30, 2024, Debt on Sep 30, 2024, Debt on Sep 30, 2024.
What is the total amount of funding Robb's Electric has raised to date?
Robb's Electric has raised a total of $4.8M in funding to date.
How many funding rounds has Robb's Electric completed?
Robb's Electric has completed 3 funding rounds.
How much funding did Robb's Electric raise in its most recent funding round?
Robb's Electric raised $3.4M in its most recent funding round.
Who are the lead investors in Robb's Electric's latest funding round?
The lead investor in Robb's Electric's latest funding round was American National Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Robb's Electric's history?
The largest funding round in Robb's Electric's history was $3.4M.
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