How Much Did Allen Electrical Services Raise?
Funding & Key Investors

Allen Electrical Services has secured $150K in total capital, with its most recent funding round bringing in $150K in a major strategic investment. This significant backing underscores the company's established presence and ongoing growth trajectory in the electrical services sector.

What is Allen Electrical Services?

Allen Electrical Services
Consumer ServicesRepair Services

Allen Electrical Services is a long-standing, locally owned provider of residential and emergency electrical solutions, serving Louisville, Kentucky, and Southern Indiana for over four decades. The company offers a comprehensive suite of services, including electrical wiring, emergency repairs, EV charger installations, and home lighting upgrades. Allen Electrical emphasizes its team of highly trained master electricians and guarantees same-day service within a two-hour window, catering to homeowners seeking dependable and professional electrical work.

How much funding has Allen Electrical Services raised?

Allen Electrical Services has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Allen Electrical Services

PPP

Public-Private Partnership

What's next for Allen Electrical Services?

The substantial large-scale late-stage funding indicates a strategic phase for Allen Electrical Services, likely focused on expanding its service area, enhancing its technological capabilities such as EV charger installations, or potentially acquiring smaller competitors to solidify its market position. This capital injection is expected to fuel further operational enhancements and reinforce its commitment to providing prompt, reliable electrical services to its customer base.

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Frequently Asked Questions Regarding Allen Electrical Services Financial Insights

What are the most recent funding rounds that Allen Electrical Services has completed, and what were the funding rounds?
Allen Electrical Services has recently completed 1 funding rounds: Debt on Apr 10, 2020.
What is the total amount of funding Allen Electrical Services has raised to date?
Allen Electrical Services has raised a total of $150K in funding to date.
How many funding rounds has Allen Electrical Services completed?
Allen Electrical Services has completed 1 funding rounds.
How much funding did Allen Electrical Services raise in its most recent funding round?
Allen Electrical Services raised $150K in its most recent funding round.
Who are the lead investors in Allen Electrical Services's latest funding round?
The lead investor in Allen Electrical Services'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 Allen Electrical Services's history?
The largest funding round in Allen Electrical Services's history was $150K.
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