How Much Did Weisman Electric Raise?
Funding & Key Investors

Weisman Electric has successfully secured a significant capital injection, bringing its cumulative financial backing to $441K. This latest infusion, characterized by a $291K major strategic investment, underscores the firm's robust position within the regional infrastructure services market. By leveraging these debt-based financing instruments, the company continues to solidify its operational foundation, ensuring sustained growth and service expansion across its Maryland-based service territory.

What is Weisman Electric?

Weisman Electric
ConstructionConstruction ManagementConsumer Services

Based in Annapolis, Maryland, Weisman Electric operates as a premier full-service electrical contractor with a legacy spanning over three decades. The firm distinguishes itself through a comprehensive service portfolio that encompasses residential and commercial electrical solutions, including specialized generator installations, emergency repair protocols, and the deployment of modern electric vehicle charging infrastructure. As a family-owned enterprise, the company maintains a competitive edge by prioritizing high-caliber workmanship and rigorous safety standards, positioning itself as a critical service provider for both private homeowners and commercial entities requiring complex fire alarm systems and electrical grid maintenance.

How much funding has Weisman Electric raised?

Weisman Electric has raised a total of $441K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$291K

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

Debt (2021): $291K led by PPP

Key Investors in Weisman Electric

PPP

Public-Private Partnership

What's next for Weisman Electric?

With the recent influx of capital, Weisman Electric is well-positioned to scale its service delivery capabilities and modernize its technical fleet. The strategic focus will likely shift toward enhancing operational efficiency and expanding its footprint in the burgeoning EV infrastructure market. By maintaining its commitment to licensed, high-quality technical expertise, the company is poised to capitalize on the increasing demand for reliable electrical grid support and sustainable energy integration. This late-stage financial positioning provides the necessary liquidity to navigate market fluctuations while maintaining the high service standards that have defined the brand for over 30 years.

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Frequently Asked Questions Regarding Weisman Electric Financial Insights

What are the most recent funding rounds that Weisman Electric has completed, and what were the funding rounds?
Weisman Electric has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Weisman Electric has raised to date?
Weisman Electric has raised a total of $441K in funding to date.
How many funding rounds has Weisman Electric completed?
Weisman Electric has completed 2 funding rounds.
How much funding did Weisman Electric raise in its most recent funding round?
Weisman Electric raised $291K in its most recent funding round.
Who are the lead investors in Weisman Electric's latest funding round?
The lead investor in Weisman 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 Weisman Electric's history?
The largest funding round in Weisman Electric's history was $291K.
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