How Much Did Scott's Electric Raise?
Funding & Key Investors

Scott's Electric has secured $230K in total capital, with a recent financing round of $80K designated for substantial expansion. This significant investment underscores the company's trajectory in the electrical services sector.

What is Scott's Electric?

Scott's Electric
Consumer ServicesRepair Services

Scott's Electric provides a comprehensive suite of electrical services across central Arkansas. The company emphasizes adherence to all National Electrical Code (NEC) requirements, ensuring master electricians are up-to-date with the latest standards and regulations. This commitment to compliance and expertise positions Scott's Electric as a reliable provider in its service area.

How much funding has Scott's Electric raised?

Scott's Electric has raised a total of $230K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$80K

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

Debt (2021): $80K led by PPP

Key Investors in Scott's Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Scott's Electric?

With the recent influx of substantial expansion capital, Scott's Electric is poised for significant growth. The company is likely to leverage this investment to enhance its service offerings, expand its operational footprint within central Arkansas, and potentially invest in new technologies or fleet upgrades. This strategic financing indicates a strong market position and confidence from investors in Scott's Electric's future performance and scalability.

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Frequently Asked Questions Regarding Scott's Electric Financial Insights

What are the most recent funding rounds that Scott's Electric has completed, and what were the funding rounds?
Scott's Electric has recently completed 2 funding rounds: Debt on Mar 23, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Scott's Electric has raised to date?
Scott's Electric has raised a total of $230K in funding to date.
How many funding rounds has Scott's Electric completed?
Scott's Electric has completed 2 funding rounds.
How much funding did Scott's Electric raise in its most recent funding round?
Scott's Electric raised $80K in its most recent funding round.
Who are the lead investors in Scott's Electric's latest funding round?
The lead investor in Scott's 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's Electric's history?
The largest funding round in Scott's Electric's history was $150K.
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