What is Tess?
Founded in 1984 and headquartered in Fort Lauderdale, TESS Electrical provides comprehensive marine electrical services tailored for mega yachts, commercial vessels, and land-based marine installations. Their certified professionals manage power systems, automation, and general electrical work, ensuring operational reliability for diverse marine facilities. The company also supplies a broad spectrum of marine electrical components and offers expert advice to optimize system performance. TESS serves a global clientele, extending its reach across Broward, Miami-Dade, and Palm Beach counties, and is dedicated to delivering exceptional service, including 24/7 support.
How much funding has Tess raised?
Tess has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Tess?
The substantial late-stage funding and strategic investment indicate TESS Electrical is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in their service offerings, potentially broadening their market reach or investing in new technologies for marine electrical systems. The company's focus on reliability and comprehensive solutions positions it well to capitalize on the growing demand for specialized electrical services within the maritime sector.
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