How Much Did Smith Electrical Raise?
Funding & Key Investors

Smith Electrical has secured $113K in total capital, with its most recent financing round bringing in $113K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the electrical services sector.

What is Smith Electrical?

Smith Electrical
ConstructionConstruction Management

Smith Electrical Inc., based in St. Augustine, FL, is a distinguished provider of electrical services, focusing on both residential and commercial lighting solutions. Since its inception in 2005, the company has built a reputation for delivering high-quality, affordable services, including specialized offerings in landscape lighting and marine/dock lighting. Their team comprises state-certified master electricians dedicated to serving the local community. Smith Electrical also extends its commitment through discounts for seniors and military personnel, alongside complimentary estimates and consultations, positioning itself as a customer-centric enterprise.

How much funding has Smith Electrical raised?

Smith Electrical has raised a total of $113K across 1 funding round:

2021

Debt

$113K

Debt (2021): $113K with participation from PPP

Key Investors in Smith Electrical

PPP

Public-Private Partnership

What's next for Smith Electrical?

The recent major strategic investment indicates Smith Electrical is poised for significant expansion, likely leveraging this capital for scaling operations, enhancing service capabilities, or exploring new market opportunities. Given the large-scale late-stage funding context, the company is expected to solidify its market leadership and potentially broaden its geographical reach or service portfolio. This strategic financing will be crucial for future growth initiatives and maintaining its competitive edge in the electrical services industry.

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Frequently Asked Questions Regarding Smith Electrical Financial Insights

What are the most recent funding rounds that Smith Electrical has completed, and what were the funding rounds?
Smith Electrical has recently completed 1 funding rounds: Debt on Mar 10, 2021.
What is the total amount of funding Smith Electrical has raised to date?
Smith Electrical has raised a total of $113K in funding to date.
How many funding rounds has Smith Electrical completed?
Smith Electrical has completed 1 funding rounds.
How much funding did Smith Electrical raise in its most recent funding round?
Smith Electrical raised $113K in its most recent funding round.
Who are the lead investors in Smith Electrical's latest funding round?
The lead investor in Smith 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 Smith Electrical's history?
The largest funding round in Smith Electrical's history was $113K.
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