How Much Did TMB Electric Raise?
Funding & Key Investors

TMB Electric has successfully secured a significant capital injection, bringing its total funding to $285K. This latest financial milestone, characterized by a $135K major strategic investment, underscores the firm's robust position within the New England electrical services sector. By leveraging these debt-based financing instruments, the company continues to solidify its operational capacity and market reach across residential, commercial, and industrial verticals.

What is TMB Electric?

TMB Electric
ConstructionConstruction Management

Based in Salem, New Hampshire, TMB Electric operates as a comprehensive provider of 24-hour emergency electrical services. The firm distinguishes itself through a dual-competency model, employing licensed professionals capable of executing both traditional electrical maintenance and complex, innovative design projects. Their service portfolio is extensive, encompassing specialized Kohler generator installations and critical wireless telecommunications infrastructure. By maintaining a fully insured, highly skilled workforce, TMB Electric ensures seamless integration with architects and project managers, positioning itself as a reliable partner for large-scale facility management and critical power systems.

How much funding has TMB Electric raised?

TMB Electric has raised a total of $285K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$135K

Debt (2020): $150K with participation from PPP

Debt (2021): $135K led by PPP

Key Investors in TMB Electric

PPP

Public-Private Partnership

What's next for TMB Electric?

With the recent infusion of capital, TMB Electric is well-positioned to scale its industrial and commercial service offerings. The strategic focus will likely shift toward enhancing grid reliability and expanding its footprint in the telecommunications sector. As the company navigates this late-stage growth phase, the emphasis remains on operational efficiency and the deployment of advanced electrical design solutions. Future initiatives will likely prioritize the modernization of power systems to meet the increasing demand for resilient energy infrastructure, ensuring that TMB Electric remains a cornerstone of regional industrial support.

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Frequently Asked Questions Regarding TMB Electric Financial Insights

What are the most recent funding rounds that TMB Electric has completed, and what were the funding rounds?
TMB Electric has recently completed 2 funding rounds: Debt on Feb 12, 2021, Debt on Apr 11, 2020.
What is the total amount of funding TMB Electric has raised to date?
TMB Electric has raised a total of $285K in funding to date.
How many funding rounds has TMB Electric completed?
TMB Electric has completed 2 funding rounds.
How much funding did TMB Electric raise in its most recent funding round?
TMB Electric raised $135K in its most recent funding round.
Who are the lead investors in TMB Electric's latest funding round?
The lead investor in TMB 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 TMB Electric's history?
The largest funding round in TMB Electric's history was $150K.
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