How Much Did Seattle Electric Raise?
Funding & Key Investors

Seattle Electric has secured $30K in total capital, with its most recent financing round yielding $30K in substantial expansion capital. This latest investment underscores the company's strategic positioning and growth trajectory within the electrical services sector.

The company's funding history, which includes a notable $30M debt financing in February 2021, indicates a pattern of securing diverse capital sources to fuel its operations and development.

What is Seattle Electric?

Seattle Electric
Consumer ServicesRepair Services

Seattle Electric is a provider of comprehensive electrical services for both commercial and residential clients. Their expertise spans electrical troubleshooting, diagnostics, and maintenance, alongside installation services for panel upgrades and new circuit installations. The company also specializes in low voltage systems, WiFi network wiring, and safety inspections, positioning itself as a reliable partner for diverse electrical needs. The company's commitment to quality and safety is a cornerstone of its service delivery.

How much funding has Seattle Electric raised?

Seattle Electric has raised a total of $30K across 1 funding round:

2021

Debt

$30K

Debt (2021): $30K with participation from PPP

What's next for Seattle Electric?

Given Seattle Electric's significant Series B/C stage funding context and recent influx of expansion capital, the company is poised for accelerated growth. This financing is likely earmarked for scaling operations, expanding service territories, and potentially investing in new technologies or service offerings. The strategic capital infusion suggests a focus on solidifying market share and enhancing its competitive advantage in the electrical services industry. Future developments may include broader market penetration and enhanced service capabilities.

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Frequently Asked Questions Regarding Seattle Electric Financial Insights

What are the most recent funding rounds that Seattle Electric has completed, and what were the funding rounds?
Seattle Electric has recently completed 1 funding rounds: Debt on Feb 17, 2021.
What is the total amount of funding Seattle Electric has raised to date?
Seattle Electric has raised a total of $30K in funding to date.
How many funding rounds has Seattle Electric completed?
Seattle Electric has completed 1 funding rounds.
How much funding did Seattle Electric raise in its most recent funding round?
Seattle Electric raised $30K in its most recent funding round.
Who are the lead investors in Seattle Electric's latest funding round?
The lead investor in Seattle 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 Seattle Electric's history?
The largest funding round in Seattle Electric's history was $30K.
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