What is Squires Electric?
Squires Electric, Inc. is a WBE-certified electrical service provider operating across Oregon and SW Washington. The company offers a comprehensive suite of services, including residential troubleshooting, property management electrical maintenance, and commercial facility projects. Specializing in emergency services for its existing customer base, Squires Electric ensures the safety and efficiency of electrical systems for a diverse clientele, encompassing homeowners, property management firms, and commercial entities. Their commitment extends to building equitable communities through strategic partnerships with local business organizations.
How much funding has Squires Electric raised?
Squires Electric has raised a total of $2.1M across 2 funding rounds:
Debt
$1M
Debt
$1.1M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.1M led by PPP
What's next for Squires Electric?
The recent major strategic investment in Squires Electric signals a phase of sustained operational support and potential expansion of its service offerings. This capital infusion is likely to bolster its capacity to handle complex commercial projects and enhance its emergency response capabilities for existing clients. As a WBE-certified entity, the company is well-positioned to leverage its established reputation and service expertise to further penetrate its target markets in Oregon and SW Washington, potentially exploring new avenues for growth in facility maintenance and specialized electrical solutions.
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