How Much Did Stokes Electric Raise?
Funding & Key Investors

Stokes Electric has secured $150K in total capital, with its most recent financing round bringing in $150K. This significant strategic investment underscores the company's established market presence and its trajectory within the electrical services sector. The company's funding history, marked by a debt financing round in April 2020, indicates a strategic approach to capital management as it navigates its growth phases.

What is Stokes Electric?

Stokes Electric
ConstructionCivil Engineering Construction

Stokes Electric is a reputable provider of electrical services, recognized for its commitment to excellence and exceeding customer expectations. The company actively participates in industry associations such as the Ocala/Marion County Chamber of Commerce and the Florida Association of Electrical Contractors (FAEC), demonstrating its engagement within the professional community. Furthermore, Stokes Electric is a recognized supporter of local economic development initiatives, including being a Silver Investor with the Ocala/Marion County EDC, highlighting its dedication to community growth and partnership.

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

What's next for Stokes Electric?

The substantial capital infusion, contextualized by a large-scale late-stage funding scenario, positions Stokes Electric for significant expansion and operational enhancement. This strategic backing is likely to fuel advancements in service delivery, technological integration, and market penetration. The company's history of strategic financial planning, including past debt financing, suggests a methodical approach to leveraging this new investment for sustainable growth and reinforcing its competitive advantage in the electrical contracting industry.

See full Stokes Electric company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Civil Engineering ConstructionConstruction
Construction ManagementConstructionConsumer ServicesRepair Services
Construction ManagementConstruction
Construction ManagementConstructionConsumer ServicesRepair Services

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.
See more information about Stokes Electric