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 through a major strategic investment. This significant backing underscores the company's established position in the electrical services market and its potential for continued expansion.

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 offers a broad spectrum of services, encompassing residential, commercial, and industrial electrical needs. Their expertise includes electrical repairs, generator installations, and utility contracting, serving key regions such as Oswego, Syracuse, and Watertown. Scriba Electric is recognized for its dedication to client satisfaction, employing licensed and insured electricians capable of managing projects of all scales, from minor adjustments to extensive undertakings. The firm also provides round-the-clock emergency services and complimentary estimates, positioning itself as a reliable partner for electrical solutions.

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

What's next for Scriba Electric?

The substantial capital infusion, particularly the recent strategic investment, signals a pivotal phase for Scriba Electric. This financing is likely earmarked for enhancing operational capacity, expanding service territories, and potentially investing in new technologies or fleet upgrades to meet growing demand. As a company with a long-standing reputation and a focus on diverse electrical services, this capital injection will empower Scriba Electric to solidify its market leadership and pursue new growth avenues within the competitive electrical contracting 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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