How Much Did SKF Electrical Raise?
Funding & Key Investors

SKF Electrical has secured $1.1M in total capital, with its most recent financing round bringing in $763K in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the enterprise-level funding landscape.

What is SKF Electrical?

SKF Electrical
ConstructionConstruction Management

SKF Electrical Corp. operates as a specialized electrical contractor based in the New York City and Westchester regions. The company focuses on delivering comprehensive electrical services to a diverse clientele. As part of its ongoing development, SKF Electrical is enhancing its customer outreach through the launch of a new website, which will provide further details on its service portfolio.

How much funding has SKF Electrical raised?

SKF Electrical has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$763K

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

Debt (2021): $763K led by PPP

What's next for SKF Electrical?

The substantial enterprise-level funding and recent strategic investment indicate a phase of significant growth and operational scaling for SKF Electrical. This capital infusion is likely to support the expansion of its service offerings, geographic reach, and technological capabilities. The company's strategic focus on improving customer engagement via its new website suggests a commitment to enhancing client experience and market penetration.

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Frequently Asked Questions Regarding SKF Electrical Financial Insights

What are the most recent funding rounds that SKF Electrical has completed, and what were the funding rounds?
SKF Electrical has recently completed 2 funding rounds: Debt on Mar 20, 2021, Debt on May 1, 2020.
What is the total amount of funding SKF Electrical has raised to date?
SKF Electrical has raised a total of $1.1M in funding to date.
How many funding rounds has SKF Electrical completed?
SKF Electrical has completed 2 funding rounds.
How much funding did SKF Electrical raise in its most recent funding round?
SKF Electrical raised $763K in its most recent funding round.
Who are the lead investors in SKF Electrical's latest funding round?
The lead investor in SKF Electrical'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 SKF Electrical's history?
The largest funding round in SKF Electrical's history was $763K.
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