How Much Did Sodd Electric Raise?
Funding & Key Investors

Sodd Electric, a long-standing fixture in the Texas construction landscape, has successfully secured a major strategic investment to bolster its operational capacity. This latest infusion of capital, totaling $150K, marks a significant milestone in the company's history, bringing its cumulative financial backing to $150K. The transaction underscores the firm's enduring relevance in the competitive electrical contracting market, providing the necessary liquidity to scale its service offerings across both residential and commercial sectors.

What is Sodd Electric?

Sodd Electric
ConstructionConstruction Management

Established in 1957 and headquartered in Arlington, Texas, Sodd Electric has maintained a consistent presence in the regional construction industry since 1963. As a family-owned and operated enterprise, the company specializes in comprehensive electrical wiring solutions for new construction projects. By balancing traditional craftsmanship with modern electrical standards, Sodd Electric has carved out a stable market position, serving as a critical partner for developers and general contractors requiring reliable, high-quality electrical infrastructure installation.

How much funding has Sodd Electric raised?

Sodd Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Sodd Electric

PPP

Public-Private Partnership

What's next for Sodd Electric?

With the successful acquisition of this late-stage financing, Sodd Electric is positioned to modernize its project management workflows and expand its footprint within the North Texas construction corridor. The strategic allocation of these funds will likely focus on enhancing technical capabilities and increasing workforce efficiency to meet the rising demand for large-scale commercial electrical installations. As the company navigates this growth phase, the focus remains on maintaining the operational excellence that has defined its legacy for over six decades, while leveraging new capital to secure a competitive advantage in an increasingly complex regulatory and technological environment.

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Frequently Asked Questions Regarding Sodd Electric Financial Insights

What are the most recent funding rounds that Sodd Electric has completed, and what were the funding rounds?
Sodd Electric has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding Sodd Electric has raised to date?
Sodd Electric has raised a total of $150K in funding to date.
How many funding rounds has Sodd Electric completed?
Sodd Electric has completed 1 funding rounds.
How much funding did Sodd Electric raise in its most recent funding round?
Sodd Electric raised $150K in its most recent funding round.
Who are the lead investors in Sodd Electric's latest funding round?
The lead investor in Sodd 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 Sodd Electric's history?
The largest funding round in Sodd Electric's history was $150K.
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