How Much Did Scott Electric Raise?
Funding & Key Investors

Scott Electric has secured $2M in total capital, with a recent strategic investment of $2M. This significant backing underscores the company's established presence and ongoing strategic initiatives within its operational sectors.

What is Scott Electric?

Scott Electric
ConstructionConstruction Management

Scott Electric, a venerable institution founded in 1920, provides comprehensive electrical services across residential, commercial, and industrial domains throughout South Texas. The company has cultivated a robust reputation for superior workmanship and customer dedication. Beyond its core electrical offerings, Scott Electric has diversified its portfolio to include specialized divisions in air conditioning, telecommunications, plumbing, and custom woodworking via its Coastal Kitchens brand. With a network of regional offices, Scott Electric is strategically positioned to manage a broad spectrum of projects with efficiency and expertise.

How much funding has Scott Electric raised?

Scott Electric has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Scott Electric

PPP

Public-Private Partnership

What's next for Scott Electric?

The recent major strategic investment signals a pivotal phase for Scott Electric, likely aimed at further expanding its service capabilities, enhancing operational infrastructure, or pursuing new market opportunities. This capital infusion is expected to fuel continued growth and solidify its competitive advantage in the South Texas market, potentially enabling deeper integration of its diverse service offerings and reinforcing its commitment to quality and customer satisfaction.

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Frequently Asked Questions Regarding Scott Electric Financial Insights

What are the most recent funding rounds that Scott Electric has completed, and what were the funding rounds?
Scott Electric has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Scott Electric has raised to date?
Scott Electric has raised a total of $2M in funding to date.
How many funding rounds has Scott Electric completed?
Scott Electric has completed 1 funding rounds.
How much funding did Scott Electric raise in its most recent funding round?
Scott Electric raised $2M in its most recent funding round.
Who are the lead investors in Scott Electric's latest funding round?
The lead investor in Scott 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 Scott Electric's history?
The largest funding round in Scott Electric's history was $2M.
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