How Much Did Statewide Electric Raise?
Funding & Key Investors

Statewide Electric has secured $68K in total investment, with a recent capital infusion of $68K designated for substantial expansion. This financing marks a significant stage in the company's growth trajectory, likely aligning with Series B or C funding rounds, aimed at scaling its operations in the industrial electrical contracting sector.

What is Statewide Electric?

Statewide Electric
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For nearly three decades, Statewide Electric has established itself as a leader in industrial electrical contracting, offering a comprehensive suite of services that include design, repair, and maintenance. The company prides itself on a full-service approach and extensive experience, enabling it to tackle complex and unique industrial electrical projects. Its strong industry reputation is built on a foundation of professionalism and performance, positioning it as a go-to provider for specialized electrical solutions.

How much funding has Statewide Electric raised?

Statewide Electric has raised a total of $68K across 1 funding round:

2021

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 influx of substantial expansion capital, Statewide Electric is poised for accelerated growth. This strategic financing is expected to fuel initiatives aimed at enhancing service capabilities, expanding market reach, and potentially investing in new technologies or infrastructure. The company's established expertise in industrial electrical projects provides a solid base for leveraging this investment to further solidify its leadership position and pursue new opportunities in the sector.

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Frequently Asked Questions Regarding Statewide Electric Financial Insights

What are the most recent funding rounds that Statewide Electric has completed, and what were the funding rounds?
Statewide Electric has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Statewide Electric has raised to date?
Statewide Electric has raised a total of $68K in funding to date.
How many funding rounds has Statewide Electric completed?
Statewide Electric has completed 1 funding rounds.
How much funding did Statewide Electric raise in its most recent funding round?
Statewide Electric raised $68K in its most recent funding round.
Who are the lead investors in Statewide Electric's latest funding round?
The lead investor in Statewide 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 Statewide Electric's history?
The largest funding round in Statewide Electric's history was $68K.
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