How Much Did Sunshine State Electric Raise?
Funding & Key Investors

Sunshine State Electric has secured $428K in total funding, with its most recent capital infusion amounting to $278K from a major strategic investment. This significant backing underscores the company's established presence and its role in the energy sector, particularly within South Florida.

What is Sunshine State Electric?

Sunshine State Electric
ConstructionConstruction Management

Sunshine State Electric of Florida, Inc. operates as a dedicated electrical contractor based in South Florida. The company specializes in a comprehensive suite of electrical services, prioritizing safety and quality across all its endeavors. They serve a diverse clientele, including industry partners and commercial entities, and are focused on delivering dependable electrical solutions for both completed and ongoing projects. Their commitment to high standards positions them as a reliable provider in the electrical contracting market.

How much funding has Sunshine State Electric raised?

Sunshine State Electric has raised a total of $428K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$278K

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

Debt (2021): $278K led by PPP

Key Investors in Sunshine State Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Sunshine State Electric?

The substantial late-stage funding indicates Sunshine State Electric is poised for significant expansion and operational enhancement. This capital injection is likely to fuel strategic initiatives, potentially involving the scaling of services, technological upgrades, or expansion into new geographic markets. The company's focus on safety and quality, combined with this recent strategic investment, suggests a trajectory aimed at solidifying its market leadership and increasing its capacity to undertake larger, more complex projects within the electrical infrastructure domain.

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Frequently Asked Questions Regarding Sunshine State Electric Financial Insights

What are the most recent funding rounds that Sunshine State Electric has completed, and what were the funding rounds?
Sunshine State Electric has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 11, 2020.
What is the total amount of funding Sunshine State Electric has raised to date?
Sunshine State Electric has raised a total of $428K in funding to date.
How many funding rounds has Sunshine State Electric completed?
Sunshine State Electric has completed 2 funding rounds.
How much funding did Sunshine State Electric raise in its most recent funding round?
Sunshine State Electric raised $278K in its most recent funding round.
Who are the lead investors in Sunshine State Electric's latest funding round?
The lead investor in Sunshine State 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 Sunshine State Electric's history?
The largest funding round in Sunshine State Electric's history was $278K.
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