How Much Did Steele Electric Raise?
Funding & Key Investors

Steele Electric has successfully secured a significant capital injection, marking a pivotal moment in its corporate trajectory. With a total funding accumulation of $350K, the firm has solidified its financial foundation to support large-scale operations. This recent funding amount of $350K serves as a major strategic investment, enabling the Oregon-based contractor to accelerate its expansion within the competitive electrical and technology services sector.

What is Steele Electric?

Steele Electric
ConstructionConstruction Management

Established in 2009, Steele Electric has evolved from a regional contractor into a multifaceted service provider catering to commercial, residential, and industrial clients. The company distinguishes itself through a comprehensive service portfolio that spans critical infrastructure, including EV charging, low voltage technologies, data systems, fire alarms, and advanced security and access control solutions. By prioritizing a corporate culture rooted in honesty and accountability, Steele Electric has maintained a high standard of operational excellence, earning recognition as a premier employer in the Oregon market. Their ability to integrate complex technology services with traditional electrical contracting positions them as a versatile player in the modern construction and facility management landscape.

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?

With the infusion of this latest capital, Steele Electric is well-positioned to scale its service offerings and deepen its market penetration. The strategic focus will likely shift toward enhancing its technological capabilities, particularly in the rapidly growing EV infrastructure and smart building sectors. By leveraging this financial backing, the company aims to optimize its operational efficiency and expand its footprint, ensuring it remains at the forefront of the electrical contracting industry. Future growth will be driven by a commitment to high-quality project delivery and the continued integration of advanced security and data technologies, solidifying its reputation as a leader in the Pacific Northwest.

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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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