How Much Did Schramm Electric Raise?
Funding & Key Investors

Schramm Electric has successfully secured a significant capital injection, bringing its total funding to $84K. This latest financing round, which contributed $84K in substantial expansion capital, underscores the firm's robust growth trajectory within the competitive electrical contracting sector. By leveraging this investment, the Sioux City-based enterprise is well-positioned to scale its operations and enhance its service delivery capabilities across commercial and industrial verticals.

What is Schramm Electric?

Schramm Electric
ConstructionConstruction Management

Established in 2008 by Seth and Stephanie Schramm, Schramm Electric has evolved into a premier full-service electrical contractor. The company distinguishes itself through a comprehensive service portfolio that spans complex industrial installations, commercial infrastructure, and residential electrical solutions. Beyond traditional contracting, the firm has carved out a niche in high-efficiency lighting design, specifically focusing on LED integration to drive long-term energy savings and operational cost reductions for its diverse client base. Their market position is anchored by a reputation for technical precision and enduring client partnerships, serving both large-scale corporate entities and local businesses throughout the region.

How much funding has Schramm Electric raised?

Schramm Electric has raised a total of $84K across 1 funding round:

2021

Debt

$84K

Debt (2021): $84K with participation from PPP

Key Investors in Schramm Electric

PPP

Public-Private Partnership

What's next for Schramm Electric?

With the recent influx of capital, Schramm Electric is poised to accelerate its strategic expansion initiatives. The company is expected to prioritize the scaling of its industrial service division, likely investing in advanced workforce training and specialized equipment to meet the increasing demand for complex electrical infrastructure projects. Furthermore, the firm is well-positioned to capitalize on the growing corporate mandate for sustainable energy practices, potentially expanding its footprint in the energy-efficient lighting market. As the company transitions through this growth phase, the focus will remain on maintaining the high service standards that have defined its brand since inception, while simultaneously exploring new geographic markets to broaden its operational reach.

See full Schramm Electric company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstructionManufacturingIndustrial Machinery & Equipment
Architecture, Engineering & DesignConstruction
Construction ManagementConstruction
Architecture, Engineering & DesignConstruction

Frequently Asked Questions Regarding Schramm Electric Financial Insights

What are the most recent funding rounds that Schramm Electric has completed, and what were the funding rounds?
Schramm Electric has recently completed 1 funding rounds: Debt on Jan 17, 2021.
What is the total amount of funding Schramm Electric has raised to date?
Schramm Electric has raised a total of $84K in funding to date.
How many funding rounds has Schramm Electric completed?
Schramm Electric has completed 1 funding rounds.
How much funding did Schramm Electric raise in its most recent funding round?
Schramm Electric raised $84K in its most recent funding round.
Who are the lead investors in Schramm Electric's latest funding round?
The lead investor in Schramm 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 Schramm Electric's history?
The largest funding round in Schramm Electric's history was $84K.
See more information about Schramm Electric