How Much Did Upstate Electrical Solutions Raise?
Funding & Key Investors

Upstate Electrical Solutions has secured $123K in total capital, with its most recent financing round bringing in $123K in a major strategic investment. This significant backing underscores the company's established position in the market and its potential for future expansion.

What is Upstate Electrical Solutions?

Upstate Electrical Solutions
Consumer ServicesRepair Services

Upstate Electrical Solutions, formerly Priority Electrical, is a Greenville, SC-based provider of comprehensive residential electrical services. With a quarter-century of experience, the company specializes in essential home electrical needs, including service upgrades, the installation of electric vehicle (EV) chargers and generators, and expert troubleshooting and repair for a wide array of electrical issues. They emphasize customer satisfaction through guaranteed on-time appointments, transparent upfront pricing, and a lifetime workmanship warranty. Their commitment extends to 24/7 availability for emergency electrical services, ensuring homeowners receive safe, efficient, and reliable solutions.

How much funding has Upstate Electrical Solutions raised?

Upstate Electrical Solutions has raised a total of $123K across 1 funding round:

2021

Debt

$123K

Debt (2021): $123K with participation from PPP

What's next for Upstate Electrical Solutions?

The recent strategic investment of $123K signals a pivotal moment for Upstate Electrical Solutions, indicating a move towards significant scaling or market expansion. Given the company's late-stage funding context and established operational history, this capital infusion is likely earmarked for enhancing service capabilities, expanding geographic reach within the Upstate region, or potentially integrating new technologies to meet evolving homeowner demands, such as advanced smart home electrical systems. The focus on strategic investment suggests a partnership aimed at accelerating growth and solidifying their market leadership in residential electrical services.

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Frequently Asked Questions Regarding Upstate Electrical Solutions Financial Insights

What are the most recent funding rounds that Upstate Electrical Solutions has completed, and what were the funding rounds?
Upstate Electrical Solutions has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Upstate Electrical Solutions has raised to date?
Upstate Electrical Solutions has raised a total of $123K in funding to date.
How many funding rounds has Upstate Electrical Solutions completed?
Upstate Electrical Solutions has completed 1 funding rounds.
How much funding did Upstate Electrical Solutions raise in its most recent funding round?
Upstate Electrical Solutions raised $123K in its most recent funding round.
Who are the lead investors in Upstate Electrical Solutions's latest funding round?
The lead investor in Upstate Electrical Solutions'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 Electrical Solutions's history?
The largest funding round in Upstate Electrical Solutions's history was $123K.
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