How Much Did Specified Electrical Contractors Raise?
Funding & Key Investors

Specified Electrical Contractors has successfully secured a major strategic investment, marking a significant milestone in its corporate trajectory. With a cumulative capital infusion reaching $1.6M, the firm is well-positioned to accelerate its operational capabilities. This latest financing round, totaling $1.6M, underscores the market confidence in the company's long-standing expertise within the electrical infrastructure sector.

What is Specified Electrical Contractors?

Specified Electrical Contractors
ConstructionConstruction Management

Specified Electrical Contractors, or SECON, operates as a premier provider of comprehensive electrical solutions, leveraging over 28 years of industry experience. Based in the Arizona region, the company maintains a robust market presence in Tempe, Phoenix, and Scottsdale. SECON distinguishes itself through a rigorous commitment to safety protocols, continuous employee education, and the execution of complex electrical systems for large-scale construction projects. By prioritizing technical training and high-quality workmanship, the firm has established itself as a reliable partner for enterprise-level electrical requirements.

How much funding has Specified Electrical Contractors raised?

Specified Electrical Contractors has raised a total of $1.6M across 1 funding round:

2021

Debt

$1.6M

Debt (2021): $1.6M with participation from PPP

Key Investors in Specified Electrical Contractors

PPP

Public-Private Partnership

What's next for Specified Electrical Contractors?

With the recent influx of capital, Specified Electrical Contractors is poised to scale its service offerings and enhance its project management infrastructure. The strategic allocation of these funds will likely focus on expanding the company's footprint in the competitive Arizona market while further investing in advanced electrical technologies. As the firm transitions into this next phase of growth, the emphasis will remain on maintaining its reputation for safety and technical excellence, ensuring that it remains a preferred contractor for increasingly sophisticated industrial and commercial developments.

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Frequently Asked Questions Regarding Specified Electrical Contractors Financial Insights

What are the most recent funding rounds that Specified Electrical Contractors has completed, and what were the funding rounds?
Specified Electrical Contractors has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Specified Electrical Contractors has raised to date?
Specified Electrical Contractors has raised a total of $1.6M in funding to date.
How many funding rounds has Specified Electrical Contractors completed?
Specified Electrical Contractors has completed 1 funding rounds.
How much funding did Specified Electrical Contractors raise in its most recent funding round?
Specified Electrical Contractors raised $1.6M in its most recent funding round.
Who are the lead investors in Specified Electrical Contractors's latest funding round?
The lead investor in Specified Electrical Contractors'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 Specified Electrical Contractors's history?
The largest funding round in Specified Electrical Contractors's history was $1.6M.
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