How Much Did Stokes Electric Raise?
Funding & Key Investors

Stokes Electric has successfully secured a significant capital injection, bringing its cumulative financing to $150K. This latest round, characterized by a $150K major strategic investment, underscores the firm's robust position within the competitive electrical contracting landscape. By leveraging this influx of liquidity, the company aims to solidify its operational footprint and enhance its service delivery capabilities across its primary markets.

What is Stokes Electric?

Stokes Electric
ConstructionCivil Engineering Construction

Stokes Electric operates as a specialized provider of electrical contracting services, maintaining a strong reputation for technical excellence and project reliability. As a participant in the FastTrac entrepreneurial program and an active member of the Florida Association of Electrical Contractors, the firm has cultivated deep institutional knowledge and community ties. Its market position is defined by a commitment to high-performance standards, serving both commercial and industrial sectors with a focus on infrastructure integrity and regulatory compliance. The company's integration into local economic development councils and professional trade associations highlights its role as a cornerstone of regional utility and construction services.

How much funding has Stokes Electric raised?

Stokes Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Stokes Electric

PPP

Public-Private Partnership

What's next for Stokes Electric?

With the successful closure of this late-stage financing, Stokes Electric is positioned to accelerate its strategic growth initiatives. The capital will likely be deployed toward scaling operational capacity, upgrading technical infrastructure, and potentially expanding its service territory to meet rising demand in the Florida market. By focusing on long-term value creation and maintaining its rigorous standards for electrical safety and project management, the company is well-equipped to navigate the complexities of the current industrial landscape. Future efforts will likely prioritize the optimization of supply chain logistics and the adoption of advanced electrical technologies to maintain its competitive edge against industry peers.

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Frequently Asked Questions Regarding Stokes Electric Financial Insights

What are the most recent funding rounds that Stokes Electric has completed, and what were the funding rounds?
Stokes Electric has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Stokes Electric has raised to date?
Stokes Electric has raised a total of $150K in funding to date.
How many funding rounds has Stokes Electric completed?
Stokes Electric has completed 1 funding rounds.
How much funding did Stokes Electric raise in its most recent funding round?
Stokes Electric raised $150K in its most recent funding round.
Who are the lead investors in Stokes Electric's latest funding round?
The lead investor in Stokes 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 Stokes Electric's history?
The largest funding round in Stokes Electric's history was $150K.
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