How Much Did Shine Electrical Group Raise?
Funding & Key Investors

Shine Electrical Group has secured $973K in total capital, with its most recent financing round bringing in $623K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the commercial electrical construction sector.

What is Shine Electrical Group?

Shine Electrical Group
ConstructionConstruction Management

Established in 2003, Shine Electrical Group operates as a prominent electrical contractor across 20 states and the District of Columbia. The company specializes in commercial electrical construction, serving diverse sectors including retail, healthcare, distribution, and education. Their expertise spans both new installations and refurbished projects, with a proven track record of delivering quality work on time and within budget, often on complex design-build initiatives. Shine Electrical Group emphasizes cultivating robust relationships with clients, employees, and vendors, leveraging a team with extensive industry experience.

How much funding has Shine Electrical Group raised?

Shine Electrical Group has raised a total of $973K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$623K

Debt (2020): $350K with participation from PPP

Debt (2021): $623K led by PPP

What's next for Shine Electrical Group?

The recent major strategic investment signifies a pivotal moment for Shine Electrical Group, likely enabling accelerated expansion and enhanced operational capabilities. This infusion of capital is expected to bolster their capacity to undertake larger-scale projects and potentially enter new geographic markets. The company's focus on client satisfaction and project execution positions it for continued success and further growth within the competitive electrical contracting landscape.

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Frequently Asked Questions Regarding Shine Electrical Group Financial Insights

What are the most recent funding rounds that Shine Electrical Group has completed, and what were the funding rounds?
Shine Electrical Group has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Shine Electrical Group has raised to date?
Shine Electrical Group has raised a total of $973K in funding to date.
How many funding rounds has Shine Electrical Group completed?
Shine Electrical Group has completed 2 funding rounds.
How much funding did Shine Electrical Group raise in its most recent funding round?
Shine Electrical Group raised $623K in its most recent funding round.
Who are the lead investors in Shine Electrical Group's latest funding round?
The lead investor in Shine Electrical Group'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 Shine Electrical Group's history?
The largest funding round in Shine Electrical Group's history was $623K.
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