How Much Did Snyr Electric Raise?
Funding & Key Investors

Snyr Electric, a long-standing electrical service provider, has secured $31K in total investment, with a recent influx of $31K designated for substantial expansion capital. This financing round underscores the company's strategic growth phase, positioning it for enhanced service delivery across its operational regions.

What is Snyr Electric?

Snyr Electric
ConstructionConstruction Management

Established in 1991, Snyr Electric is a licensed electrical service provider catering to residential and commercial clients across Lenawee, Jackson, Hillsdale, and Washtenaw Counties. The company offers a comprehensive suite of services, including custom lighting design, emergency storm damage repairs, generator installations, and advanced smart home automation solutions. With a commitment to prompt emergency response and expert problem-solving, Snyr Electric has built a reputation for reliability and professionalism in handling both minor repairs and extensive projects.

How much funding has Snyr Electric raised?

Snyr Electric has raised a total of $31K across 1 funding round:

2021

Debt

$31K

Debt (2021): $31K with participation from PPP

Key Investors in Snyr Electric

PPP

Public-Private Partnership

What's next for Snyr Electric?

The recent capital infusion for Snyr Electric signals a strategic move towards scaling its operations and potentially expanding its service offerings or geographic reach. As a company operating in a critical infrastructure sector, this investment is likely to fuel enhancements in technology adoption, fleet expansion, and workforce development to meet growing demand for specialized electrical services, including smart home integration and renewable energy solutions.

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Frequently Asked Questions Regarding Snyr Electric Financial Insights

What are the most recent funding rounds that Snyr Electric has completed, and what were the funding rounds?
Snyr Electric has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Snyr Electric has raised to date?
Snyr Electric has raised a total of $31K in funding to date.
How many funding rounds has Snyr Electric completed?
Snyr Electric has completed 1 funding rounds.
How much funding did Snyr Electric raise in its most recent funding round?
Snyr Electric raised $31K in its most recent funding round.
Who are the lead investors in Snyr Electric's latest funding round?
The lead investor in Snyr 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 Snyr Electric's history?
The largest funding round in Snyr Electric's history was $31K.
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