What is Statewide Electric?
For nearly three decades, Statewide Electric has established itself as a cornerstone of the industrial electrical contracting landscape. The company provides a comprehensive suite of services, ranging from complex electrical design and engineering to ongoing repair and maintenance protocols. By maintaining a full-service model, Statewide Electric differentiates itself through a commitment to high-performance standards and technical precision. Their portfolio includes a diverse array of industrial projects, reflecting a deep-seated capability to manage unique, high-stakes infrastructure requirements that demand both reliability and specialized industry knowledge.
How much funding has Statewide Electric raised?
Statewide Electric has raised a total of $68K across 1 funding round:
Debt
$68K
Debt (2021): $68K with participation from PPP
Key Investors in Statewide Electric
PPP
Public-Private Partnership
What's next for Statewide Electric?
With the recent infusion of capital, Statewide Electric is positioned to accelerate its strategic roadmap, focusing on operational scaling and the expansion of its service delivery capabilities. The company is expected to prioritize the modernization of its project management infrastructure and the potential acquisition of new technical assets to meet the rising demand for industrial electrical solutions. As the firm navigates this growth stage, the focus will likely remain on maintaining its reputation for excellence while capturing a larger share of the industrial contracting market. This trajectory suggests a deliberate effort to transition from a regional leader to a more expansive, high-capacity service provider capable of handling increasingly complex, large-scale industrial mandates.
See full Statewide Electric company page
