How Much Did Super Electric Raise?
Funding & Key Investors

Super Electric has secured $37K in total funding, with a recent capital infusion of $37K designated for substantial expansion. This financing round, occurring around March 3, 2021, signifies a critical growth phase for the company, likely aligning with a Series B or C stage of development. The company's ability to attract this level of investment underscores its strategic importance in its market.

What is Super Electric?

Super Electric
Consumer ServicesRepair Services

Super Electric is an electrical services provider catering to the entire Twin Cities metro area, encompassing St. Paul, Minneapolis, and their surrounding suburbs. Their service area extends broadly, from Maple Grove and Eden Prairie to Hastings and Hugo, ensuring widespread accessibility. The company emphasizes the availability of Qualified, Licensed Electricians ready to restore electrical systems to optimal performance efficiently. This broad operational scope and commitment to professional service position Super Electric as a key player in the regional electrical contracting industry.

How much funding has Super Electric raised?

Super Electric has raised a total of $37K across 1 funding round:

2021

Debt

$37K

Debt (2021): $37K with participation from PPP

Key Investors in Super Electric

PPP

Public-Private Partnership

What's next for Super Electric?

With the recent substantial expansion capital, Super Electric is poised for significant growth and operational scaling. The strategic investment will likely fuel the expansion of their service fleet, enhance technological capabilities for diagnostics and repairs, and potentially broaden their geographic reach within the greater Minnesota region. This funding injection is expected to solidify their market position and enable them to meet the increasing demand for reliable electrical services across the Twin Cities and beyond. Future developments may include strategic partnerships or service diversification to further capitalize on market opportunities.

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Frequently Asked Questions Regarding Super Electric Financial Insights

What are the most recent funding rounds that Super Electric has completed, and what were the funding rounds?
Super Electric has recently completed 1 funding rounds: Debt on Mar 3, 2021.
What is the total amount of funding Super Electric has raised to date?
Super Electric has raised a total of $37K in funding to date.
How many funding rounds has Super Electric completed?
Super Electric has completed 1 funding rounds.
How much funding did Super Electric raise in its most recent funding round?
Super Electric raised $37K in its most recent funding round.
Who are the lead investors in Super Electric's latest funding round?
The lead investor in Super 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 Super Electric's history?
The largest funding round in Super Electric's history was $37K.
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