How Much Did Solid State Electric Raise?
Funding & Key Investors

Solid State Electric has secured significant enterprise-level funding, with the total funding amount reaching $2.5M. Most recently, the company announced a major strategic investment of $1.5M, underscoring its growth trajectory and market position. This latest capital infusion signals a pivotal moment for the electrical services provider.

What is Solid State Electric?

Solid State Electric
ConstructionConstruction Management

Solid State Electric LLC is a recognized provider of electrical services for residential and commercial clients across Clark County. Boasting over 15 years of operational experience, the company specializes in a comprehensive suite of services including electrical repairs, advanced home theater installations, robust security monitoring, and sophisticated home automation systems. Their commitment extends to offering energy-efficient solutions, modern lighting upgrades, and complete security system installations, all designed with a primary focus on ensuring complete customer satisfaction. Solid State Electric is dedicated to delivering reliable and secure electrical services at competitive rates, positioning itself as a trusted partner in the region.

How much funding has Solid State Electric raised?

Solid State Electric has raised a total of $2.5M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.5M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.5M led by PPP

Key Investors in Solid State Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Solid State Electric?

The recent major strategic investment indicates Solid State Electric is poised for significant expansion and operational enhancement. This capital is likely to fuel advancements in service delivery, potentially through technology adoption or geographic reach expansion within the Clark County area. The company's focus on energy efficiency and home automation aligns with current market trends, suggesting a strategic direction towards modernizing electrical infrastructure for its clientele. Future developments may include scaling their team to meet increased demand and further integrating smart home technologies, solidifying their role as a leader in dependable and forward-thinking electrical solutions.

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Frequently Asked Questions Regarding Solid State Electric Financial Insights

What are the most recent funding rounds that Solid State Electric has completed, and what were the funding rounds?
Solid State Electric has recently completed 2 funding rounds: Debt on Feb 11, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Solid State Electric has raised to date?
Solid State Electric has raised a total of $2.5M in funding to date.
How many funding rounds has Solid State Electric completed?
Solid State Electric has completed 2 funding rounds.
How much funding did Solid State Electric raise in its most recent funding round?
Solid State Electric raised $1.5M in its most recent funding round.
Who are the lead investors in Solid State Electric's latest funding round?
The lead investor in Solid State 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 Solid State Electric's history?
The largest funding round in Solid State Electric's history was $1.5M.
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