How Much Did Solomon Electrical Contracting Raise?
Funding & Key Investors

Solomon Electrical Contracting has solidified its market position through a strategic infusion of capital, reaching a total valuation milestone of $87K. This latest financing round, which secured $87K, underscores the firm's robust growth trajectory within the competitive Texas commercial infrastructure sector. By leveraging this substantial expansion capital, the company is well-positioned to scale its operational capacity and address the increasing demand for high-complexity electrical engineering solutions in the Austin metropolitan area.

What is Solomon Electrical Contracting?

Solomon Electrical Contracting
ConstructionConstruction Management

Established in 2007, Solomon Electrical Contracting, LLC has evolved into a premier independent provider of electrical services, specializing in the full lifecycle of commercial construction. The firm maintains a diverse portfolio that spans ground-up new construction, intricate tenant finish-outs, and large-scale design-build projects. With a project scope ranging from $1,000 to $10,000,000, the company has distinguished itself through a rigorous commitment to technical precision and project delivery timelines. Their expertise in site lighting and complex remodeling tasks has made them a preferred partner for commercial developers seeking reliable, high-capacity electrical infrastructure support in a rapidly urbanizing market.

How much funding has Solomon Electrical Contracting raised?

Solomon Electrical Contracting has raised a total of $87K across 1 funding round:

2021

Debt

$87K

Debt (2021): $87K with participation from PPP

Key Investors in Solomon Electrical Contracting

PPP

Public-Private Partnership

What's next for Solomon Electrical Contracting?

With the recent influx of capital, Solomon Electrical Contracting is poised to transition into a more aggressive growth phase, likely focusing on expanding its design-build capabilities and increasing its footprint in large-scale commercial developments. The firm is expected to prioritize the integration of advanced project management technologies to maintain its competitive edge in quality control and efficiency. As the company scales, the focus will remain on sustaining its reputation for handling high-stakes electrical installations while potentially diversifying its service offerings to include sustainable energy infrastructure, aligning with broader industry trends toward electrification and smart building systems.

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Frequently Asked Questions Regarding Solomon Electrical Contracting Financial Insights

What are the most recent funding rounds that Solomon Electrical Contracting has completed, and what were the funding rounds?
Solomon Electrical Contracting has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Solomon Electrical Contracting has raised to date?
Solomon Electrical Contracting has raised a total of $87K in funding to date.
How many funding rounds has Solomon Electrical Contracting completed?
Solomon Electrical Contracting has completed 1 funding rounds.
How much funding did Solomon Electrical Contracting raise in its most recent funding round?
Solomon Electrical Contracting raised $87K in its most recent funding round.
Who are the lead investors in Solomon Electrical Contracting's latest funding round?
The lead investor in Solomon Electrical Contracting'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 Solomon Electrical Contracting's history?
The largest funding round in Solomon Electrical Contracting's history was $87K.
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