How Much Did Vector Electric Raise?
Funding & Key Investors

Vector Electric has secured significant capital, with its total funding reaching $277K. The company recently announced a $277K round, marking a major strategic investment that underscores its position in the market. This latest financing event follows a period of substantial growth and development for the electrical contracting firm.

What is Vector Electric?

Vector Electric
ConstructionConstruction ManagementArchitecture, Engineering & Design

Vector Electric Corporation, headquartered in Spokane, WA, is a prominent electrical contracting firm serving both residential and commercial sectors. The company distinguishes itself through specialized electrical design capabilities, utilizing advanced software like AutoCAD and Revit, complemented by comprehensive engineering services for diverse projects. Founded by David Bensel, a seasoned professional in the electrical industry, Vector Electric has consistently prioritized high-quality service delivery since its rebranding in 2014. Its commitment to customer satisfaction has cemented its reputation as a reliable contractor within the region.

How much funding has Vector Electric raised?

Vector Electric has raised a total of $277K across 1 funding round:

2021

Debt

$277K

Debt (2021): $277K with participation from PPP

Key Investors in Vector Electric

PPP

Public-Private Partnership

What's next for Vector Electric?

The recent major strategic investment into Vector Electric signals a pivotal moment for the company, indicating a transition into a significant scaling phase. This substantial capital infusion, part of its $277K in total financing, is expected to fuel further expansion of its service offerings and geographic reach. The company is likely to leverage this backing to enhance its technological capabilities, potentially investing in new design and engineering tools, and to broaden its operational capacity to meet increasing market demand. This strategic financing positions Vector Electric for accelerated growth and market leadership in the electrical contracting industry.

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Frequently Asked Questions Regarding Vector Electric Financial Insights

What are the most recent funding rounds that Vector Electric has completed, and what were the funding rounds?
Vector Electric has recently completed 1 funding rounds: Debt on Jan 26, 2021.
What is the total amount of funding Vector Electric has raised to date?
Vector Electric has raised a total of $277K in funding to date.
How many funding rounds has Vector Electric completed?
Vector Electric has completed 1 funding rounds.
How much funding did Vector Electric raise in its most recent funding round?
Vector Electric raised $277K in its most recent funding round.
Who are the lead investors in Vector Electric's latest funding round?
The lead investor in Vector 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 Vector Electric's history?
The largest funding round in Vector Electric's history was $277K.
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