How Much Did Security Plus Electrical Raise?
Funding & Key Investors

Security Plus Electrical has successfully secured a major strategic investment, marking a significant milestone in its long-standing operational history. This latest capital injection, totaling $150K, underscores the firm's resilience and market relevance within the competitive security and electrical contracting sector. With a cumulative financial backing of $150K, the company is well-positioned to leverage these resources to enhance its service delivery and expand its footprint in the North Carolina region.

What is Security Plus Electrical?

Security Plus Electrical
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Established in 1991, Security Plus Electrical Inc. has evolved from a local family-owned enterprise into a comprehensive provider of critical infrastructure services. Based in Burgaw, NC, the company maintains a dual focus on high-stakes security installations and essential electrical contracting. Their service portfolio is diverse, encompassing advanced CCTV surveillance systems, fire and burglar alarm integration, generator sales, and robust networking solutions. By catering to both residential and commercial client bases, the firm has solidified its reputation for delivering high-quality, reliable technical services. Their market position is defined by a commitment to affordability and technical precision, allowing them to maintain a competitive edge in an industry where trust and operational uptime are paramount.

How much funding has Security Plus Electrical raised?

Security Plus Electrical has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Security Plus Electrical

PPP

Public-Private Partnership

What's next for Security Plus Electrical?

The infusion of capital from this late-stage funding round provides Security Plus Electrical with the necessary liquidity to scale its operations and modernize its service offerings. Strategic priorities likely include the integration of next-generation smart home security technologies and the expansion of their networking solutions division to meet the growing demand for digitized infrastructure. By optimizing their service delivery model and potentially increasing their workforce, the company is poised to capture a larger share of the regional market. This financial stability allows management to focus on long-term growth initiatives, ensuring that the firm remains a preferred partner for homeowners and businesses seeking integrated security and electrical solutions in an increasingly complex technological landscape.

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Frequently Asked Questions Regarding Security Plus Electrical Financial Insights

What are the most recent funding rounds that Security Plus Electrical has completed, and what were the funding rounds?
Security Plus Electrical has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Security Plus Electrical has raised to date?
Security Plus Electrical has raised a total of $150K in funding to date.
How many funding rounds has Security Plus Electrical completed?
Security Plus Electrical has completed 1 funding rounds.
How much funding did Security Plus Electrical raise in its most recent funding round?
Security Plus Electrical raised $150K in its most recent funding round.
Who are the lead investors in Security Plus Electrical's latest funding round?
The lead investor in Security Plus Electrical'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 Security Plus Electrical's history?
The largest funding round in Security Plus Electrical's history was $150K.
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