How Much Did Rocket Electric Raise?
Funding & Key Investors

Rocket Electric has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment underscores the company's established presence and ongoing growth within the residential electrical contracting sector.

What is Rocket Electric?

Rocket Electric
ConstructionConstruction Management

Rocket Electric LLC, a third-generation residential electrical contractor based in Reno, Nevada, specializes in single-family and multi-family residential construction. Since its establishment in 1973, the company has built a reputation for delivering high standards in electrical services, focusing on quality workmanship and exceptional customer satisfaction. Rocket Electric LLC is dedicated to efficiently and effectively powering homes, meeting the diverse needs of its residential clientele.

How much funding has Rocket Electric raised?

Rocket Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Rocket Electric?

The substantial late-stage funding indicates Rocket Electric is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel strategic initiatives such as scaling operations to meet increasing demand, investing in advanced electrical technologies, and potentially expanding its service area. The company's long history and commitment to quality suggest a focus on sustainable growth and solidifying its market leadership in the competitive residential electrical services industry.

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Frequently Asked Questions Regarding Rocket Electric Financial Insights

What are the most recent funding rounds that Rocket Electric has completed, and what were the funding rounds?
Rocket Electric has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Rocket Electric has raised to date?
Rocket Electric has raised a total of $150K in funding to date.
How many funding rounds has Rocket Electric completed?
Rocket Electric has completed 1 funding rounds.
How much funding did Rocket Electric raise in its most recent funding round?
Rocket Electric raised $150K in its most recent funding round.
Who are the lead investors in Rocket Electric's latest funding round?
The lead investor in Rocket 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 Rocket Electric's history?
The largest funding round in Rocket Electric's history was $150K.
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