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

Sunshine State Electric has secured $428K in total capital, with its most recent financing round bringing in $278K. This major strategic investment marks a significant milestone for the South Florida-based electrical contractor, underscoring its established presence and growth trajectory in the competitive infrastructure sector.

What is Sunshine State Electric?

Sunshine State Electric
ConstructionConstruction Management

Sunshine State Electric of Florida, Inc. operates as a specialized electrical contractor within the South Florida region. The company is dedicated to delivering a comprehensive suite of electrical services, prioritizing safety and quality across all its projects. Catering to a diverse clientele that includes industry partners and commercial entities, Sunshine State Electric focuses on providing reliable electrical solutions for both completed and ongoing endeavors. Their commitment to high standards positions them as a key player in the regional construction and electrical services 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

What's next for Sunshine State Electric?

The recent large-scale, late-stage funding, characterized as a major strategic investment, suggests Sunshine State Electric is poised for significant expansion or operational enhancement. This influx of capital is likely to fuel further development, potentially enabling the company to scale its services, undertake larger projects, or invest in advanced technologies. The strategic nature of this financing indicates a strong belief from investors in the company's future market position and its capacity for sustained growth within the electrical contracting industry.

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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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