How Much Did Ruby Electric Raise?
Funding & Key Investors

Ruby Electric has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This significant backing underscores the company's established position in the electrical contracting market and its trajectory for continued expansion.

What is Ruby Electric?

Ruby Electric
ConstructionConstruction Management

Ruby Electric, Inc., founded in 1978 and based in Springfield, Illinois, is a comprehensive electrical contracting business. The company offers a broad spectrum of services, encompassing residential, commercial, and agricultural electrical solutions. With a team boasting over 160 years of combined electrical expertise, Ruby Electric specializes in wiring, advanced lighting systems, home automation, and provides essential 24/7 emergency services. Their commitment is to deliver high-quality service and integrate innovative technologies to meet the diverse electrical demands of the central Illinois region.

How much funding has Ruby Electric raised?

Ruby 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 Ruby Electric?

The recent large-scale, late-stage funding indicates Ruby Electric is poised for significant growth and strategic development. This capital infusion is likely to fuel operational enhancements, potential market expansion, and the adoption of new technologies within the electrical contracting sector. The company's focus on customer satisfaction and extensive experience positions it well to leverage this investment for sustained success and to further solidify its market leadership.

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Frequently Asked Questions Regarding Ruby Electric Financial Insights

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