How Much Did Vector Electric Raise?
Funding & Key Investors

Vector Electric has secured $277K in total capital, with its most recent financing round bringing in $277K through a major strategic investment. This significant backing underscores the company's established position in the electrical contracting sector and its trajectory towards further expansion.

What is Vector Electric?

Vector Electric
ConstructionConstruction ManagementArchitecture, Engineering & Design

Vector Electric Corporation, headquartered in Spokane, WA, is a comprehensive electrical contracting firm serving both residential and commercial clientele. The company distinguishes itself through specialized electrical design capabilities, utilizing advanced AutoCAD and Revit formats, complemented by robust engineering services for a diverse project portfolio. Founded by industry veteran David Bensel, Vector Electric has been a trusted regional contractor since its 2014 rebranding, prioritizing high-quality service and customer satisfaction.

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

What's next for Vector Electric?

The recent large-scale, late-stage funding indicates Vector Electric is poised for significant growth and strategic initiatives. This capital infusion is likely to fuel market expansion, technological advancements in design and engineering services, and potentially the scaling of operations to meet increasing demand. The company's focus on specialized design and engineering suggests a strategic direction towards higher-value projects and enhanced service offerings within 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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