What is TEC Electric?
Founded in 2005 and headquartered in Charlotte, NC, with additional offices in Spartanburg, SC, TEC Electric is a comprehensive general contracting firm. The company specializes in the installation of electrical, lighting, network, and security systems, serving clients across North Carolina, Georgia, Virginia, and Tennessee. With a dedicated team of 20 professionals, TEC Electric handles a broad spectrum of technology systems in-house, relying on trusted, long-standing partnerships for specialized services such as fire alarm, lightning protection, and life safety systems.
How much funding has TEC Electric raised?
TEC Electric has raised a total of $156K across 1 funding round:
Debt
$156K
Debt (2021): $156K with participation from PPP
Key Investors in TEC Electric
PPP
Public-Private Partnership
What's next for TEC Electric?
The substantial late-stage funding indicates TEC Electric is poised for significant scaling and strategic development. This capital infusion is expected to fuel expansion into new markets, enhance service offerings, and potentially support technological advancements within its operations. The company's focus on self-performance for core technology systems, combined with strategic subcontracting for specialized areas, positions it for robust growth and increased market share in the competitive electrical contracting sector.
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