How Much Did Sullivan Cable Raise?
Funding & Key Investors

Sullivan Cable has successfully secured a major strategic investment, marking a significant milestone in its long-standing operational history. This latest infusion of capital, totaling $150K, bolsters the firm's financial position as it continues to scale its primary cable installation services across the Northeast. With a cumulative financial backing of $150K, the company is well-positioned to leverage its six decades of industry expertise to meet the increasing demands of critical infrastructure projects.

What is Sullivan Cable?

Sullivan Cable
ConstructionCivil Engineering Construction

Sullivan Cable operates as a third-generation, family-owned enterprise specializing in high-stakes primary cable installation. The firm has cultivated a robust market position by serving a sophisticated client base that includes major utility providers, academic institutions, healthcare facilities, and Fortune 500 corporations. By prioritizing safety, technical reliability, and rapid emergency response, the company has established itself as a cornerstone of regional infrastructure maintenance. Their commitment to utilizing advanced equipment and fostering deep collaborative relationships with engineering firms ensures they remain a preferred partner for complex electrical distribution projects.

How much funding has Sullivan Cable raised?

Sullivan Cable has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Sullivan Cable

PPP

Public-Private Partnership

What's next for Sullivan Cable?

The recent influx of capital is expected to accelerate the company's strategic growth initiatives, particularly in the modernization of its equipment fleet and the expansion of its service footprint. As the utility sector faces increasing pressure to upgrade aging infrastructure, Sullivan Cable is poised to capture additional market share by integrating more efficient installation methodologies. The firm will likely focus on scaling its workforce and enhancing its emergency response capabilities, ensuring that it remains at the forefront of the power distribution industry. This late-stage financing provides the necessary liquidity to navigate capital-intensive projects while maintaining the high standards of quality workmanship that have defined the company for over 60 years.

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Frequently Asked Questions Regarding Sullivan Cable Financial Insights

What are the most recent funding rounds that Sullivan Cable has completed, and what were the funding rounds?
Sullivan Cable has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Sullivan Cable has raised to date?
Sullivan Cable has raised a total of $150K in funding to date.
How many funding rounds has Sullivan Cable completed?
Sullivan Cable has completed 1 funding rounds.
How much funding did Sullivan Cable raise in its most recent funding round?
Sullivan Cable raised $150K in its most recent funding round.
Who are the lead investors in Sullivan Cable's latest funding round?
The lead investor in Sullivan Cable'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 Sullivan Cable's history?
The largest funding round in Sullivan Cable's history was $150K.
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