How Much Did Summit Electrical Contractors Raise?
Funding & Key Investors

Summit Electrical Contractors has solidified its position as a cornerstone of the Northeast Florida industrial landscape, securing a total capital infusion of $717K. This trajectory of financial backing, punctuated by a recent strategic investment of $367K, underscores the firm's operational resilience and its capacity to scale within the competitive commercial electrical sector. By leveraging these financial resources, the company continues to fortify its service delivery model, ensuring that critical infrastructure remains operational across the region.

What is Summit Electrical Contractors?

Summit Electrical Contractors
ConstructionConstruction Management

Headquartered in Jacksonville, Florida, Summit Electrical Contractors operates as a premier provider of comprehensive electrical solutions for commercial and industrial clients. With a legacy spanning four decades, the firm has cultivated a reputation for technical precision in new installations, complex system upgrades, and facility remodels. The company distinguishes itself through a commitment to 24/7 availability and adherence to rigorous industry safety standards, effectively serving as a vital partner for businesses requiring uninterrupted power and high-performance electrical architecture. Their market position is defined by a blend of family-owned reliability and enterprise-grade execution capabilities.

How much funding has Summit Electrical Contractors raised?

Summit Electrical Contractors has raised a total of $717K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$367K

Debt (2020): $350K with participation from PPP

Debt (2021): $367K led by PPP

Key Investors in Summit Electrical Contractors

PPP

Public-Private Partnership

What's next for Summit Electrical Contractors?

With the recent influx of capital, Summit Electrical Contractors is well-positioned to accelerate its expansion into larger-scale industrial projects and enhance its technological integration for facility management. The strategic deployment of these funds will likely focus on optimizing operational efficiencies and expanding the firm's footprint in the Northeast Florida market. As the demand for robust electrical infrastructure grows in tandem with regional commercial development, the company is poised to leverage its strengthened balance sheet to secure more complex, high-value contracts, thereby cementing its role as a primary service provider for the region's evolving industrial needs.

See full Summit Electrical Contractors company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Civil Engineering ConstructionConstruction
Construction ManagementConstructionArchitecture, Engineering & DesignConsumer ServicesRepair Services
Civil Engineering ConstructionConstructionConstruction Management
Construction ManagementConstruction

Frequently Asked Questions Regarding Summit Electrical Contractors Financial Insights

What are the most recent funding rounds that Summit Electrical Contractors has completed, and what were the funding rounds?
Summit Electrical Contractors has recently completed 2 funding rounds: Debt on Feb 17, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Summit Electrical Contractors has raised to date?
Summit Electrical Contractors has raised a total of $717K in funding to date.
How many funding rounds has Summit Electrical Contractors completed?
Summit Electrical Contractors has completed 2 funding rounds.
How much funding did Summit Electrical Contractors raise in its most recent funding round?
Summit Electrical Contractors raised $367K in its most recent funding round.
Who are the lead investors in Summit Electrical Contractors's latest funding round?
The lead investor in Summit Electrical Contractors'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 Summit Electrical Contractors's history?
The largest funding round in Summit Electrical Contractors's history was $367K.
See more information about Summit Electrical Contractors