What is Samson Electric?
Established in 1951, Samson Electric is a family-owned enterprise with a long-standing reputation for delivering high-quality electrical contracting services. Serving agricultural, commercial, industrial, and residential clients across northeastern North Dakota and northwestern Minnesota, the company leverages over seven decades of experience. Samson Electric offers a comprehensive suite of services, including the installation, repair, and maintenance of wiring systems, operating from three strategic locations. Their commitment to community support and service excellence remains a cornerstone of their operations.
How much funding has Samson Electric raised?
Samson Electric has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Samson Electric?
The substantial backing Samson Electric has received, particularly the recent strategic investment, signals a clear trajectory towards expansion and enhanced service capabilities. This capital infusion is expected to fuel further development, potentially enabling the company to broaden its operational reach, upgrade its technological infrastructure, and solidify its market leadership in the region. The company's deep roots and extensive experience position it well to capitalize on this new phase of growth.
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