What is Summit Electric & Data?
Summit Electric & Data, Inc. operates as a comprehensive provider of high and low voltage electrical construction, phone systems, data cabling, and fiber optic solutions. Founded by Ray Vasquez, the firm specializes in new construction projects, ranging from supermarkets to gym and spa facilities. The company distinguishes itself through a commitment to safety, rigorous site supervision, and a client-centric service model that prioritizes cost-effective, transparent project management. With a strong emphasis on maintenance and post-construction support, the company has established itself as a reliable partner for complex commercial infrastructure needs.
How much funding has Summit Electric & Data raised?
Summit Electric & Data has raised a total of $423K across 2 funding rounds:
Debt
$150K
Debt
$273K
Debt (2020): $150K with participation from PPP
Debt (2021): $273K led by PPP
Key Investors in Summit Electric & Data
PPP
Public-Private Partnership
What's next for Summit Electric & Data?
With the recent influx of capital, Summit Electric & Data is well-positioned to scale its service offerings and enhance its technical capabilities in the competitive commercial construction market. The strategic focus will likely shift toward optimizing project delivery timelines and expanding the firm's footprint in large-scale facility management. By maintaining its rigorous safety standards and leveraging its established reputation for quality, the company is poised to capture additional market share in the evolving landscape of commercial electrical and data systems. Future growth will be driven by the firm's ability to integrate advanced fiber optic technologies while maintaining the operational excellence that has defined its two-decade history.
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