What is Romac?
Romac Supply has been a trusted source for industrial electrical equipment in America for over sixty years. Their extensive product catalog includes circuit breakers, MCCBs, insulated case circuit breakers, fuses, distribution equipment, switchgear, switches, automatic transfer switches (ATS), manual transfer switches (MTS), LI switches, panelboards, switchboards, motors, motor control systems, and complete switchgear lineups. The company's long-standing presence and comprehensive offerings position it as a key player in supplying essential components for industrial applications.
How much funding has Romac raised?
Romac has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Romac
PPP
Public-Private Partnership
What's next for Romac?
The recent strategic investment, coupled with Romac's substantial total funding of $350K, indicates a strong trajectory for growth and potential expansion. As a company with a deep history and a wide array of critical electrical components, this capital infusion is likely to support enhanced operational capabilities, broader market reach, or the development of new service offerings. The large-scale, late-stage nature of the funding suggests a focus on scaling operations and solidifying market leadership within the industrial electrical supply chain.
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