How Much Did Triangle Electric Raise?
Funding & Key Investors

Triangle Electric has secured $150K in total capital, with its most recent funding round bringing in $150K. This significant strategic investment underscores the company's established position in the market and its trajectory for continued expansion. The company's funding history, marked by this recent capital infusion, signals a phase of accelerated growth and operational enhancement.

What is Triangle Electric?

Triangle Electric
ConstructionConstruction Management

Triangle Electric Corporation is a privately held entity specializing in professional electrical services across Virginia and North Carolina. The company is committed to delivering electrical solutions that are not only safe and efficient but also reliable and cost-effective. Serving a diverse clientele encompassing commercial, residential, and industrial sectors, Triangle Electric focuses on optimizing operational efficiency for all its customers. Their dedication to high-quality contracted electrical services positions them as a key player in the regional electrical services industry.

How much funding has Triangle Electric raised?

Triangle Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Triangle Electric?

With the recent strategic investment, Triangle Electric is poised for significant advancements. The substantial capital infusion, indicated by $150K and $150K, suggests a strategic push towards scaling operations, potentially expanding service areas, or investing in new technologies to further enhance efficiency and safety. This late-stage funding context points towards a mature company ready to leverage external capital for market leadership and sustained competitive advantage in the electrical services sector.

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Frequently Asked Questions Regarding Triangle Electric Financial Insights

What are the most recent funding rounds that Triangle Electric has completed, and what were the funding rounds?
Triangle Electric has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Triangle Electric has raised to date?
Triangle Electric has raised a total of $150K in funding to date.
How many funding rounds has Triangle Electric completed?
Triangle Electric has completed 1 funding rounds.
How much funding did Triangle Electric raise in its most recent funding round?
Triangle Electric raised $150K in its most recent funding round.
Who are the lead investors in Triangle Electric's latest funding round?
The lead investor in Triangle 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 Triangle Electric's history?
The largest funding round in Triangle Electric's history was $150K.
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