How Much Did Spears Electric Raise?
Funding & Key Investors

Spears Electric has secured $36K in total financing, with a recent infusion of $36K designated for substantial expansion capital. This significant funding round, indicative of a Series B/C stage, positions the company for accelerated growth in the electrical services sector.

What is Spears Electric?

Spears Electric
Consumer ServicesRepair Services

Spears Electric is a prominent local electrician based in North Las Vegas, Nevada, offering comprehensive electrical solutions for residential and commercial clients. Their expertise spans electrical repairs, maintenance, troubleshooting, panel upgrades, and lighting system installations. The company emphasizes high-quality workmanship, transparent communication, and customer education to ensure safety and satisfaction, backed by a team of licensed and experienced technicians.

How much funding has Spears Electric raised?

Spears Electric has raised a total of $36K across 1 funding round:

2021

Debt

$36K

Debt (2021): $36K with participation from PPP

What's next for Spears Electric?

With the recent substantial expansion capital, Spears Electric is poised to scale its operations and enhance its service offerings. This strategic investment will likely fuel market penetration, potentially expanding service areas beyond North Las Vegas and investing in advanced electrical technologies. The company's focus on core competencies in repairs, maintenance, and installations, combined with a commitment to customer satisfaction, provides a strong foundation for leveraging this new financing to achieve significant market share growth.

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Frequently Asked Questions Regarding Spears Electric Financial Insights

What are the most recent funding rounds that Spears Electric has completed, and what were the funding rounds?
Spears Electric has recently completed 1 funding rounds: Debt on Mar 13, 2021.
What is the total amount of funding Spears Electric has raised to date?
Spears Electric has raised a total of $36K in funding to date.
How many funding rounds has Spears Electric completed?
Spears Electric has completed 1 funding rounds.
How much funding did Spears Electric raise in its most recent funding round?
Spears Electric raised $36K in its most recent funding round.
Who are the lead investors in Spears Electric's latest funding round?
The lead investor in Spears 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 Spears Electric's history?
The largest funding round in Spears Electric's history was $36K.
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