How Much Did Santon Electric Raise?
Funding & Key Investors

Santon Electric has secured $1.3M in total capital, with its most recent financing round bringing in $909K through a major strategic investment. This latest injection of capital underscores the company's significant traction and potential within the electrical contracting sector.

What is Santon Electric?

Santon Electric
ConstructionConstruction ManagementArchitecture, Engineering & Design

Santon Electric is a seasoned provider of electrical engineering and contracting services, boasting over 25 years of operational history across northeast Ohio and eastern Pennsylvania. The company specializes in complex electrical engineering projects, supported by master electricians and certified electrical engineers, draftsmen, and commercial superintendents. With a combined experience exceeding 80 years, Santon Electric has a proven track record of executing electrical installations valued at over $1 million, positioning itself as a capable partner for industrial and commercial clients requiring sophisticated electrical solutions.

How much funding has Santon Electric raised?

Santon Electric has raised a total of $1.3M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$909K

Debt (2020): $350K with participation from PPP

Debt (2021): $909K led by PPP

Key Investors in Santon Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Santon Electric?

The recent major strategic investment signals a pivotal growth phase for Santon Electric. This influx of funding is likely to be deployed towards expanding operational capacity, enhancing technological capabilities, and potentially broadening its service geographic reach. The company's established expertise in large-scale electrical installations suggests a strategic focus on securing and executing more substantial enterprise-level projects, further solidifying its market position and driving future revenue growth.

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Frequently Asked Questions Regarding Santon Electric Financial Insights

What are the most recent funding rounds that Santon Electric has completed, and what were the funding rounds?
Santon Electric has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Santon Electric has raised to date?
Santon Electric has raised a total of $1.3M in funding to date.
How many funding rounds has Santon Electric completed?
Santon Electric has completed 2 funding rounds.
How much funding did Santon Electric raise in its most recent funding round?
Santon Electric raised $909K in its most recent funding round.
Who are the lead investors in Santon Electric's latest funding round?
The lead investor in Santon 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 Santon Electric's history?
The largest funding round in Santon Electric's history was $909K.
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