How Much Did Skill Electric Raise?
Funding & Key Investors

Skill Electric has successfully secured a significant capital injection, bringing its total funding to $350K. This latest financing round, which accounts for $350K, underscores the firm's robust position within the competitive electrical contracting landscape. By leveraging this strategic investment, the company is poised to accelerate its operational capabilities and expand its footprint across the commercial and industrial sectors.

What is Skill Electric?

Skill Electric
ConstructionConstruction Management

Based in Vincennes, Indiana, Skill Electric operates as a comprehensive electrical contractor with a two-decade track record of delivering high-stakes maintenance and repair services. The firm distinguishes itself through a diversified service portfolio that spans critical infrastructure support, including generator installation and advanced solar energy integration. By catering to a broad client base—ranging from residential and commercial entities to government agencies—Skill Electric maintains a resilient business model that prioritizes safety, technical precision, and long-term operational efficiency in an increasingly electrified economy.

How much funding has Skill Electric raised?

Skill Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Skill Electric

PPP

Public-Private Partnership

What's next for Skill Electric?

With the recent influx of capital, Skill Electric is strategically positioned to scale its service delivery and modernize its technical infrastructure. The company is expected to prioritize the expansion of its solar energy division, aligning with broader market trends toward sustainable power solutions and grid independence. Furthermore, the investment will likely facilitate the acquisition of advanced diagnostic equipment and the recruitment of specialized personnel, ensuring the firm remains at the forefront of industrial electrical maintenance. As the company transitions into this next phase of growth, the focus will remain on optimizing service reliability for its diverse client base while exploring new regional opportunities for market penetration.

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Frequently Asked Questions Regarding Skill Electric Financial Insights

What are the most recent funding rounds that Skill Electric has completed, and what were the funding rounds?
Skill Electric has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Skill Electric has raised to date?
Skill Electric has raised a total of $350K in funding to date.
How many funding rounds has Skill Electric completed?
Skill Electric has completed 1 funding rounds.
How much funding did Skill Electric raise in its most recent funding round?
Skill Electric raised $350K in its most recent funding round.
Who are the lead investors in Skill Electric's latest funding round?
The lead investor in Skill 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 Skill Electric's history?
The largest funding round in Skill Electric's history was $350K.
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