How Much Did Steele Electric Raise?
Funding & Key Investors

Steele Electric, an Oregon-based electrical contractor, has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $350K on May 3, 2020, underscoring its position in the market. This latest financing round is indicative of a large-scale, late-stage funding phase for the established firm.

What is Steele Electric?

Steele Electric
ConstructionConstruction Management

Founded in 2009, Steele Electric has built a reputation for providing quality electrical and technology services to commercial, residential, and industrial clients across Oregon. The company's expertise spans a wide array of services, including the installation and maintenance of EV charging stations, low voltage technologies, data infrastructure, fire alarm systems, security solutions, and access control. Steele Electric emphasizes a strong company culture rooted in honesty and accountability, fostering robust customer relationships and a commitment to delivering exceptional work. This dedication has led to recognition as a top employer in Oregon.

How much funding has Steele Electric raised?

Steele Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Steele Electric

PPP

Public-Private Partnership

What's next for Steele Electric?

The substantial backing Steele Electric has received, particularly the recent strategic investment, signals a clear trajectory for expansion and technological advancement. As a company operating in the late-stage funding environment, this capital infusion is likely to fuel further development of its specialized services, such as EV charging infrastructure and advanced security systems. The strategic nature of the investment suggests potential partnerships or market consolidation opportunities, positioning Steele Electric to capitalize on growing demand for integrated electrical and technology solutions in its service areas.

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Frequently Asked Questions Regarding Steele Electric Financial Insights

What are the most recent funding rounds that Steele Electric has completed, and what were the funding rounds?
Steele Electric has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Steele Electric has raised to date?
Steele Electric has raised a total of $350K in funding to date.
How many funding rounds has Steele Electric completed?
Steele Electric has completed 1 funding rounds.
How much funding did Steele Electric raise in its most recent funding round?
Steele Electric raised $350K in its most recent funding round.
Who are the lead investors in Steele Electric's latest funding round?
The lead investor in Steele 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 Steele Electric's history?
The largest funding round in Steele Electric's history was $350K.
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