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

Solomon Electrical Contracting has secured $87K in total financing, with a recent capital infusion of $87K designated for substantial expansion. This latest round signifies a significant Series B/C stage for the Austin, Texas-based firm, underscoring its growth trajectory in the competitive electrical contracting market.

What is Solomon Electrical Contracting?

Solomon Electrical Contracting
ConstructionConstruction Management

Established in 2007, Solomon Electrical Contracting, LLC operates as an independent electrical contracting company specializing in new construction, remodel construction, and design-build projects for commercial clients. The company demonstrates a broad project scope, managing undertakings from $1,000 to $10,000,000. Solomon Electrical Contracting is recognized for its commitment to delivering quality work and ensuring timely project completion, evidenced by its robust track record in handling intricate remodeling tasks and serving diverse commercial requirements, including ground-up buildings, tenant improvements, and site lighting.

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 substantial expansion capital, Solomon Electrical Contracting is poised for accelerated growth. This strategic investment is likely to fuel the company's capacity to undertake larger-scale commercial projects, enhance its operational infrastructure, and potentially expand its service offerings or geographic reach. The company's focus on quality and timely execution, combined with this new financial backing, positions it to further solidify its market presence and pursue new opportunities within the commercial construction sector.

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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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