How Much Did Scurlock Electric Raise?
Funding & Key Investors

Scurlock Electric has solidified its market position through a series of strategic capital injections, culminating in a total valuation of $845K. The firm recently secured a major strategic investment of $495K, marking a significant milestone in its operational trajectory. This infusion of capital underscores the company's enduring relevance in the specialized electrical supply chain, particularly as it navigates the complex requirements of the Navy and commercial marine sectors.

What is Scurlock Electric?

Scurlock Electric
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Established in 1980, Scurlock Electric operates as a family-owned enterprise with a robust footprint across South Louisiana and Houston, Texas. The company serves as a critical link in the industrial supply chain, providing high-performance electrical components tailored for the rigorous demands of the offshore wind industry, oil field operations, and marine infrastructure. By maintaining a focus on reliability and technical efficiency, Scurlock Electric has successfully carved out a niche as a preferred supplier for high-stakes maritime and industrial projects, ensuring that critical infrastructure remains powered and operational under extreme environmental conditions.

How much funding has Scurlock Electric raised?

Scurlock Electric has raised a total of $845K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$495K

Debt (2020): $350K with participation from PPP

Debt (2021): $495K led by PPP

Key Investors in Scurlock Electric

PPP

Public-Private Partnership

What's next for Scurlock Electric?

With the recent influx of capital, Scurlock Electric is well-positioned to scale its logistical capabilities and expand its inventory to meet the growing demand for offshore wind energy infrastructure. The company is expected to leverage this financial backing to modernize its distribution facilities in Houston and Louisiana, further cementing its reputation for operational excellence. As the maritime sector undergoes a transition toward more sustainable energy solutions, Scurlock Electric's strategic focus on specialized marine electrical components will likely serve as a primary growth engine, allowing the firm to capture additional market share in both domestic and international industrial markets.

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Frequently Asked Questions Regarding Scurlock Electric Financial Insights

What are the most recent funding rounds that Scurlock Electric has completed, and what were the funding rounds?
Scurlock Electric has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Scurlock Electric has raised to date?
Scurlock Electric has raised a total of $845K in funding to date.
How many funding rounds has Scurlock Electric completed?
Scurlock Electric has completed 2 funding rounds.
How much funding did Scurlock Electric raise in its most recent funding round?
Scurlock Electric raised $495K in its most recent funding round.
Who are the lead investors in Scurlock Electric's latest funding round?
The lead investor in Scurlock 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 Scurlock Electric's history?
The largest funding round in Scurlock Electric's history was $495K.
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