How Much Did White's Electrical Raise?
Funding & Key Investors

White's Electrical has secured $412K in total funding, with its most recent financing round amounting to $262K. This recent capital infusion was characterized as a major strategic investment, signaling a significant phase for the company's growth and operational expansion in the electrical services sector.

What is White's Electrical?

White's Electrical
Consumer ServicesRepair Services

White's Electrical, established in 2001 and serving the Midwest, particularly the Indianapolis metropolitan area, is a licensed, bonded, and insured provider of residential, commercial, and generator electrical services. The company prides itself on its team of highly trained electricians capable of handling a wide range of electrical projects, from simple repairs to complex installations. With a strong base of returning customers and positive testimonials, White's Electrical has built a reputation for reliability and quality service within its operating communities. The company's commitment to excellence positions it as a trusted partner for both individual homeowners and commercial enterprises requiring expert electrical solutions.

How much funding has White's Electrical raised?

White's Electrical has raised a total of $412K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$262K

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

Debt (2021): $262K led by PPP

What's next for White's Electrical?

The substantial large-scale late-stage funding indicates White's Electrical is poised for significant scaling and market penetration. This strategic investment is likely to fuel expansion into new service areas, enhance technological capabilities, and potentially broaden its commercial client base. The company may also focus on optimizing its operational efficiency and expanding its team of licensed electricians to meet growing demand. Future developments could include strategic acquisitions or partnerships to further solidify its market position and service offerings within the competitive electrical contracting industry.

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Frequently Asked Questions Regarding White's Electrical Financial Insights

What are the most recent funding rounds that White's Electrical has completed, and what were the funding rounds?
White's Electrical has recently completed 2 funding rounds: Debt on Feb 25, 2021, Debt on Apr 28, 2020.
What is the total amount of funding White's Electrical has raised to date?
White's Electrical has raised a total of $412K in funding to date.
How many funding rounds has White's Electrical completed?
White's Electrical has completed 2 funding rounds.
How much funding did White's Electrical raise in its most recent funding round?
White's Electrical raised $262K in its most recent funding round.
Who are the lead investors in White's Electrical's latest funding round?
The lead investor in White's Electrical'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 White's Electrical's history?
The largest funding round in White's Electrical's history was $262K.
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