How Much Did Upstate Electric Raise?
Funding & Key Investors

Upstate Electric has secured $1M in total capital, with its most recent financing round bringing in $1M through a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the electrical contracting sector.

What is Upstate Electric?

Upstate Electric
ConstructionConstruction Management

Upstate Electric operates as a comprehensive electrical contractor, serving a diverse clientele that spans both residential and commercial markets. The company is recognized for its commitment to delivering reliable and efficient electrical solutions, encompassing installations, repairs, and maintenance. By prioritizing quality workmanship and customer satisfaction, Upstate Electric has positioned itself as a dependable provider for a wide array of electrical projects, aiming to ensure safety and efficacy in all its undertakings.

How much funding has Upstate Electric raised?

Upstate Electric has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Upstate Electric

PPP

Public-Private Partnership

What's next for Upstate Electric?

The recent major strategic investment signals a pivotal phase for Upstate Electric, likely enabling expansion of its service offerings, enhancement of operational capabilities, or penetration into new market segments. This enterprise-level funding suggests a focus on scaling its established business model and solidifying its competitive advantage in the electrical services industry. Future growth may involve technological integration, workforce development, and strategic partnerships to further its market reach.

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Frequently Asked Questions Regarding Upstate Electric Financial Insights

What are the most recent funding rounds that Upstate Electric has completed, and what were the funding rounds?
Upstate Electric has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Upstate Electric has raised to date?
Upstate Electric has raised a total of $1M in funding to date.
How many funding rounds has Upstate Electric completed?
Upstate Electric has completed 1 funding rounds.
How much funding did Upstate Electric raise in its most recent funding round?
Upstate Electric raised $1M in its most recent funding round.
Who are the lead investors in Upstate Electric's latest funding round?
The lead investor in Upstate 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 Upstate Electric's history?
The largest funding round in Upstate Electric's history was $1M.
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