How Much Did Select Electric Raise?
Funding & Key Investors

Select Electric has secured $19K in total funding, with a recent capital infusion of $19K in moderate growth financing. This latest round underscores the company's strategic positioning within the electrical services sector and its ongoing expansion efforts.

What is Select Electric?

Select Electric
ConstructionConstruction Management

Select Electric is a prominent electrical contractor based in Northern Michigan, serving key areas including Petoskey, Harbor Springs, and Charlevoix. The company specializes in a comprehensive range of residential, commercial, and industrial electrical services. Their offerings encompass essential upgrades, new installations, and routine maintenance, catering to a diverse clientele of homeowners, builders, and businesses seeking dependable electrical solutions. Select Electric prioritizes quality workmanship and adherence to current industry standards, aiming to fulfill the varied electrical requirements of the communities it serves.

How much funding has Select Electric raised?

Select Electric has raised a total of $19K across 1 funding round:

2021

Debt

$19K

Debt (2021): $19K with participation from PPP

Key Investors in Select Electric

PPP

Public-Private Partnership

What's next for Select Electric?

The Series A/B growth stage funding indicates Select Electric is poised for significant scaling and operational enhancement. This strategic investment will likely fuel expansion into new service territories, bolster its technical capabilities, and potentially integrate advanced electrical technologies. The company's focus on core services combined with this capital injection suggests a trajectory towards becoming a leading electrical solutions provider in its region, with an emphasis on sustainable growth and client satisfaction.

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Frequently Asked Questions Regarding Select Electric Financial Insights

What are the most recent funding rounds that Select Electric has completed, and what were the funding rounds?
Select Electric has recently completed 1 funding rounds: Debt on Mar 20, 2021.
What is the total amount of funding Select Electric has raised to date?
Select Electric has raised a total of $19K in funding to date.
How many funding rounds has Select Electric completed?
Select Electric has completed 1 funding rounds.
How much funding did Select Electric raise in its most recent funding round?
Select Electric raised $19K in its most recent funding round.
Who are the lead investors in Select Electric's latest funding round?
The lead investor in Select 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 Select Electric's history?
The largest funding round in Select Electric's history was $19K.
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