How Much Did Wray Electric Raise?
Funding & Key Investors

Wray Electric, a prominent power generation electrical contractor, has secured $34K in total financing, with its most recent funding round bringing in $34K in substantial expansion capital. This latest investment underscores the company's strategic positioning in the renewable energy sector and its ongoing growth trajectory. The company's financial maneuvers suggest a significant stage of development, likely within the Series B/C phase, aimed at scaling operations and enhancing its market presence.

What is Wray Electric?

Wray Electric
ConstructionConstruction Management

Established in 1991 and based in Ellensburg, Washington, Wray Electric is a premier provider of electrical contracting services. The company specializes in the design and implementation of comprehensive energy systems, with a particular focus on solar power installations, residential and commercial generators, and electric vehicle (EV) charging stations. Wray Electric's commitment to a customer-centric approach ensures the delivery of safe, reliable, and sustainable electrical solutions across central Washington, including Kittitas, Yakima, and Chelan counties. Their operational ethos emphasizes not only client satisfaction but also the cultivation of a positive and productive work environment.

How much funding has Wray Electric raised?

Wray Electric has raised a total of $34K across 1 funding round:

2021

Debt

$34K

Debt (2021): $34K with participation from PPP

What's next for Wray Electric?

With the infusion of $34K in expansion capital, Wray Electric is poised for accelerated growth. This strategic financing is expected to fuel the company's ongoing efforts to broaden its service offerings, particularly in the burgeoning markets for renewable energy solutions like solar power and EV infrastructure. The company's focus on central Washington counties provides a solid foundation for further penetration and potential expansion into adjacent regions. Future developments will likely involve enhancing operational capacity, investing in advanced technologies, and potentially exploring new service verticals within the electrical contracting and power generation landscape.

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Frequently Asked Questions Regarding Wray Electric Financial Insights

What are the most recent funding rounds that Wray Electric has completed, and what were the funding rounds?
Wray Electric has recently completed 1 funding rounds: Debt on Feb 10, 2021.
What is the total amount of funding Wray Electric has raised to date?
Wray Electric has raised a total of $34K in funding to date.
How many funding rounds has Wray Electric completed?
Wray Electric has completed 1 funding rounds.
How much funding did Wray Electric raise in its most recent funding round?
Wray Electric raised $34K in its most recent funding round.
Who are the lead investors in Wray Electric's latest funding round?
The lead investor in Wray 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 Wray Electric's history?
The largest funding round in Wray Electric's history was $34K.
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