How Much Did Service Wire Co Raise?
Funding & Key Investors

Service Wire Co. has secured $2M in total capital, with a recent strategic investment of $2M. This significant backing underscores the company's established presence and growth trajectory in the wire and cable manufacturing sector. The latest financing round, dated April 14, 2020, was characterized as a major strategic investment, indicating a focus on expanding its operational capabilities or market reach.

What is Service Wire Co?

Service Wire Co
ManufacturingWire & Cable

Founded in 1968 and headquartered in Culloden, West Virginia, Service Wire Company is a multi-generational, family-owned enterprise specializing in the production of American-made industrial, commercial, utility, pump, and renewable energy wire and cable products. Their comprehensive product line includes single conductors, multi-conductor cables, submersible pump cable, and VFD cables. With manufacturing and distribution hubs strategically located across West Virginia, Texas, and Arizona, Service Wire effectively serves a broad North American customer base through an extensive distributor network. The company's long-standing history and commitment to domestic manufacturing position it as a key player in its industry.

How much funding has Service Wire Co raised?

Service Wire Co has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Service Wire Co

PPP

Public-Private Partnership

What's next for Service Wire Co?

The substantial enterprise-level funding and recent strategic investment suggest Service Wire Co. is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in manufacturing technology, broaden product development, and potentially increase market penetration in key sectors such as renewable energy and utility infrastructure. The company's established multi-generation ownership and nationwide distribution network provide a strong foundation for leveraging this new financing to solidify its market leadership and explore new growth avenues.

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Frequently Asked Questions Regarding Service Wire Co Financial Insights

What are the most recent funding rounds that Service Wire Co has completed, and what were the funding rounds?
Service Wire Co has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Service Wire Co has raised to date?
Service Wire Co has raised a total of $2M in funding to date.
How many funding rounds has Service Wire Co completed?
Service Wire Co has completed 1 funding rounds.
How much funding did Service Wire Co raise in its most recent funding round?
Service Wire Co raised $2M in its most recent funding round.
Who are the lead investors in Service Wire Co's latest funding round?
The lead investor in Service Wire Co'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 Service Wire Co's history?
The largest funding round in Service Wire Co's history was $2M.
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