What is Systems Electric?
Founded in 2014 and headquartered in Colorado Springs, Systems Electric has evolved into a comprehensive electrical contracting firm. The company maintains a dual-focus business model, providing specialized commercial services—such as site lighting and complex tenant finishes—alongside bespoke residential electrical upgrades and custom home design. With a workforce exceeding 35 professionals, the firm has established a reputation for technical precision and client-centric project management. By balancing large-scale commercial infrastructure requirements with the nuanced needs of residential clients, Systems Electric has successfully captured a significant market share, generating annual revenues exceeding $4.5 million while fostering enduring relationships with regional developers and homeowners.
How much funding has Systems Electric raised?
Systems Electric has raised a total of $558K across 2 funding rounds:
Debt
$150K
Debt
$408K
Debt (2020): $150K with participation from PPP
Debt (2021): $408K led by PPP
Key Investors in Systems Electric
PPP
Public-Private Partnership
What's next for Systems Electric?
With the recent influx of capital, Systems Electric is poised to accelerate its strategic expansion, likely focusing on enhancing its pre-construction design capabilities and upgrading its technological infrastructure to improve project efficiency. The firm's current lifecycle stage, characterized by major enterprise-level funding, suggests a transition toward larger, more complex commercial contracts that require significant upfront resource allocation. Moving forward, the company will likely prioritize the integration of advanced site management software and the expansion of its skilled labor force to maintain its competitive edge. By optimizing its debt structure and reinvesting in core operational competencies, Systems Electric is well-positioned to capitalize on the ongoing construction boom in the Colorado region, ensuring sustained profitability and market leadership.
See full Systems Electric company page
