How Much Did Sowder Electric Raise?
Funding & Key Investors

Sowder Electric has secured $150K in total capital, with its most recent financing round bringing in $150K through a major strategic investment. This latest infusion of capital underscores the company's established presence and ongoing growth trajectory in the electrical contracting sector.

What is Sowder Electric?

Sowder Electric
ConstructionConstruction Management

Established in 1992, Sowder Electric Co., Inc. operates as a comprehensive electrical contractor serving commercial, industrial, and residential clients across Tennessee, Georgia, and Alabama. The company distinguishes itself through a team of over 15 skilled professionals and a commitment to fostering robust contractor-client relationships, which drives repeat business and referrals. Holding licenses to operate in multiple states, Sowder Electric is equipped to handle a wide spectrum of electrical service needs, from minor installations to large-scale projects within the tri-state region.

How much funding has Sowder Electric raised?

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

2020

Debt

$150K

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

Key Investors in Sowder Electric

PPP

Public-Private Partnership

What's next for Sowder Electric?

The recent strategic investment, within the context of a large-scale late-stage funding environment, suggests Sowder Electric is poised for significant expansion or operational enhancement. This capital injection will likely fuel initiatives aimed at increasing market share, upgrading infrastructure, or potentially expanding service offerings. The company's established operational footprint and focus on client relationships provide a solid foundation for leveraging this new financing to achieve its next phase of growth and solidify its position as a leading electrical service provider in its operating regions.

See full Sowder Electric company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstructionArchitecture, Engineering & Design
Construction ManagementConstruction

Frequently Asked Questions Regarding Sowder Electric Financial Insights

What are the most recent funding rounds that Sowder Electric has completed, and what were the funding rounds?
Sowder Electric has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Sowder Electric has raised to date?
Sowder Electric has raised a total of $150K in funding to date.
How many funding rounds has Sowder Electric completed?
Sowder Electric has completed 1 funding rounds.
How much funding did Sowder Electric raise in its most recent funding round?
Sowder Electric raised $150K in its most recent funding round.
Who are the lead investors in Sowder Electric's latest funding round?
The lead investor in Sowder 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 Sowder Electric's history?
The largest funding round in Sowder Electric's history was $150K.
See more information about Sowder Electric