How Much Did Team Electric Raise?
Funding & Key Investors

Team Electric has solidified its position within the Denver infrastructure landscape, securing a total capital infusion of $693K. This trajectory of financial backing, highlighted by a recent strategic investment of $343K, underscores the firm's capacity to manage large-scale electrical mandates across the Colorado region. By leveraging debt-based financing, the company has successfully scaled its operational footprint to meet the rigorous demands of the commercial and industrial sectors.

The firm's ability to attract significant capital reflects a robust business model centered on reliability and technical expertise. As the organization continues to navigate the complexities of the construction market, this latest injection of liquidity serves as a critical catalyst for expanding its service capabilities in high-growth areas such as healthcare and hospitality.

What is Team Electric?

Team Electric
ConstructionConstruction Management

Team Electric, LLC operates as a premier electrical contracting entity headquartered in Denver, Colorado. The firm specializes in a comprehensive suite of services, ranging from general electrical maintenance to complex industrial installations and new construction projects. By maintaining a focus on commercial and industrial equipment, the company has established itself as a trusted partner for retail, restaurant, and healthcare facility operators. Their market position is defined by a commitment to operational integrity and a deep-seated understanding of the regional regulatory environment, allowing them to deliver professional, high-stakes electrical solutions across the Denver metro area and beyond.

How much funding has Team Electric raised?

Team Electric has raised a total of $693K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$343K

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

Debt (2021): $343K led by PPP

Key Investors in Team Electric

PPP

Public-Private Partnership

What's next for Team Electric?

Looking ahead, Team Electric is positioned to leverage its recent capital influx to modernize its fleet and enhance its technical workforce. The strategic focus will likely shift toward optimizing project delivery timelines and expanding its footprint in the industrial sector, where demand for specialized electrical infrastructure remains high. By maintaining a disciplined approach to debt management and operational efficiency, the company is well-equipped to capitalize on the ongoing development boom in Colorado. Future growth will be predicated on the firm's ability to integrate advanced electrical technologies while maintaining the high standards of service that have defined its reputation in the local market.

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Frequently Asked Questions Regarding Team Electric Financial Insights

What are the most recent funding rounds that Team Electric has completed, and what were the funding rounds?
Team Electric has recently completed 2 funding rounds: Debt on Mar 18, 2021, Debt on May 1, 2020.
What is the total amount of funding Team Electric has raised to date?
Team Electric has raised a total of $693K in funding to date.
How many funding rounds has Team Electric completed?
Team Electric has completed 2 funding rounds.
How much funding did Team Electric raise in its most recent funding round?
Team Electric raised $343K in its most recent funding round.
Who are the lead investors in Team Electric's latest funding round?
The lead investor in Team 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 Team Electric's history?
The largest funding round in Team Electric's history was $350K.
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