How Much Did Samson Electric Raise?
Funding & Key Investors

Samson Electric has successfully secured a major strategic investment, marking a significant milestone in its long-standing operational history. This latest capital injection, totaling $150K, bolsters the firm's financial position as it continues to serve the agricultural and industrial sectors across North Dakota and Minnesota. With a cumulative financial backing of $150K, the company is well-positioned to leverage its seven decades of expertise to modernize its service delivery and expand its regional footprint.

What is Samson Electric?

Samson Electric
ConstructionConstruction Management

Established in 1951, Samson Electric has evolved from a local contractor into a cornerstone of the regional electrical infrastructure. The firm provides a comprehensive suite of services, including complex wiring system installations, maintenance, and emergency repairs for commercial, industrial, and residential clients. By maintaining three distinct operational hubs, the company ensures high-availability service, reinforcing its reputation for reliability and technical proficiency in the competitive electrical contracting market. Their commitment to community-centric service remains a core differentiator in their business model.

How much funding has Samson Electric raised?

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

2020

Debt

$150K

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

Key Investors in Samson Electric

PPP

Public-Private Partnership

What's next for Samson Electric?

With this late-stage funding, Samson Electric is poised to transition into a new phase of operational scaling and technological integration. The strategic allocation of these funds will likely focus on upgrading fleet capabilities, enhancing workforce training programs, and potentially expanding their service territory to meet the growing demand for industrial-grade electrical solutions. As the energy landscape shifts toward more complex, automated systems, Samson Electric is strategically positioned to capture additional market share by maintaining its legacy of quality while adopting modern, efficient project management methodologies.

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Frequently Asked Questions Regarding Samson Electric Financial Insights

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