How Much Did WP Electric Raise?
Funding & Key Investors

WP Electric has secured significant capital, with its total funding reaching $350K and its most recent financing round valued at $350K. This major strategic investment underscores the company's established position in the electrical and data cabling services sector.

What is WP Electric?

WP Electric
ConstructionConstruction Management

Founded in 1975, WP Electric and Communications, Inc. has established a robust presence across the United States, specializing in comprehensive electrical services and the installation of data/voice cabling infrastructures. The company's expertise extends to low voltage systems, including security cameras and access control. With a commitment to reliability and competitive pricing, WP Electric leverages decades of experience to manage diverse projects, from intricate data centers to standard electrical work, serving clients nationwide.

How much funding has WP Electric raised?

WP Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in WP Electric

PPP

Public-Private Partnership

What's next for WP Electric?

The substantial backing indicated by the $350K suggests WP Electric is in a mature growth phase, likely focusing on expanding its service offerings, enhancing technological capabilities, or increasing its geographic footprint. This large-scale, late-stage funding is indicative of a strategic push to solidify market leadership and potentially explore new service verticals within the telecommunications and electrical infrastructure industries.

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Frequently Asked Questions Regarding WP Electric Financial Insights

What are the most recent funding rounds that WP Electric has completed, and what were the funding rounds?
WP Electric has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding WP Electric has raised to date?
WP Electric has raised a total of $350K in funding to date.
How many funding rounds has WP Electric completed?
WP Electric has completed 1 funding rounds.
How much funding did WP Electric raise in its most recent funding round?
WP Electric raised $350K in its most recent funding round.
Who are the lead investors in WP Electric's latest funding round?
The lead investor in WP 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 WP Electric's history?
The largest funding round in WP Electric's history was $350K.
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