What is Shively Electric?
Shively Electric, a Roanoke, Virginia-based entity with over five decades of operational history, specializes in delivering comprehensive electrical solutions for commercial and industrial clients. The company's expertise spans large-scale contract work, essential business repairs, and new installations, with a strong emphasis on adhering to stringent workplace safety and OSHA compliance standards. Shively Electric's strategic vision targets businesses and industries requiring robust electrical infrastructure across Virginia, North Carolina, West Virginia, Maryland, and South Carolina, positioning it as a key player in multi-state electrical contracting.
How much funding has Shively Electric raised?
Shively Electric has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Shively Electric?
The substantial capital infusion, characterized as a large-scale late-stage funding and a major strategic investment, signals Shively Electric's readiness for accelerated expansion and enhanced service capabilities. This backing is likely to fuel investments in advanced technologies, workforce development, and potentially geographic market penetration. The company's focus on industrial and commercial projects, coupled with its multi-state operational footprint, suggests a strategic push to capture larger contracts and solidify its market leadership in the electrical services sector.
See full Shively Electric company page
