How Much Did Scriba Electric Raise?
Funding & Key Investors

Scriba Electric has secured $335K in total capital, with its most recent financing round bringing in $185K in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the electrical services sector.

What is Scriba Electric?

Scriba Electric
ConstructionConstruction Management

Scriba Electric is a comprehensive electrical services provider headquartered in Oswego, New York. With over three decades of operational experience, the company caters to residential, commercial, and industrial clients across Oswego, Syracuse, and Watertown. Their service portfolio encompasses electrical repairs, generator installations, and utility contracting, delivered by a team of licensed and insured electricians. Scriba Electric is recognized for its dedication to client satisfaction, offering round-the-clock emergency services and complimentary estimates, positioning itself as a reliable partner for both minor electrical adjustments and extensive project undertakings.

How much funding has Scriba Electric raised?

Scriba Electric has raised a total of $335K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$185K

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

Debt (2021): $185K led by PPP

Key Investors in Scriba Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Scriba Electric?

The substantial capital infusion, particularly the recent strategic investment, signals Scriba Electric's readiness for accelerated growth and potential expansion of its service offerings or geographic reach. As a company with a long-standing reputation and a focus on diverse client needs, this financing is likely to bolster its capacity to undertake larger projects, invest in new technologies, and enhance its operational efficiency. The company's late-stage funding context suggests a focus on scaling operations and solidifying its market leadership in the competitive electrical services industry.

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Frequently Asked Questions Regarding Scriba Electric Financial Insights

What are the most recent funding rounds that Scriba Electric has completed, and what were the funding rounds?
Scriba Electric has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Scriba Electric has raised to date?
Scriba Electric has raised a total of $335K in funding to date.
How many funding rounds has Scriba Electric completed?
Scriba Electric has completed 2 funding rounds.
How much funding did Scriba Electric raise in its most recent funding round?
Scriba Electric raised $185K in its most recent funding round.
Who are the lead investors in Scriba Electric's latest funding round?
The lead investor in Scriba 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 Scriba Electric's history?
The largest funding round in Scriba Electric's history was $185K.
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