How Much Did Select Electric Raise?
Funding & Key Investors

Select Electric has secured undisclosed funding, with the total amount to be detailed as $27K. The company recently announced a significant capital infusion of $27K to fuel its expansion. This latest financing round underscores the company's strategic positioning within the electrical services sector.

What is Select Electric?

Select Electric
ConstructionConstruction Management

Select Electric, established in 2002 and based in Reno, NV, is a comprehensive provider of electrical services for both residential and commercial clientele. The company's offerings include specialized solutions like PowerwoRx e3, designed to enhance energy efficiency and surge protection, alongside standard installations and emergency services. Their commitment to customer satisfaction is evident through free estimates and round-the-clock availability for urgent electrical needs.

How much funding has Select Electric raised?

Select Electric has raised a total of $27K across 1 funding round:

2021

Debt

$27K

Debt (2021): $27K with participation from PPP

What's next for Select Electric?

With the recent influx of substantial expansion capital, Select Electric is poised for significant growth. The company's strategic focus on energy efficiency products like PowerwoRx e3, coupled with its broad service portfolio, positions it well to capitalize on increasing demand for reliable and advanced electrical solutions. This investment is expected to accelerate market penetration and service development, reinforcing its presence in the Reno area and potentially beyond.

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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 Jan 29, 2021.
What is the total amount of funding Select Electric has raised to date?
Select Electric has raised a total of $27K 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 $27K 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 $27K.
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