How Much Did Atlantic Coast Electric Supply Raise?
Funding & Key Investors

Atlantic Coast Electric Supply has successfully secured a significant capital injection, marking a pivotal moment in its corporate trajectory. With a total funding accumulation of $350K, the firm continues to solidify its footprint within the competitive electrical distribution sector. This latest financing round, which contributed $350K to the company's balance sheet, underscores the market's confidence in the organization's regional operational model and its capacity for sustained infrastructure support across the Carolinas.

What is Atlantic Coast Electric Supply?

Atlantic Coast Electric Supply
RetailHome Improvement & Hardware Retail

Operating as a premier distributor of electrical supplies, Atlantic Coast Electric Supply maintains a robust presence across North and South Carolina. By anchoring its operations in key hubs such as Concord, Greenville, Columbia, and North Charleston, the company leverages a localized decision-making framework that prioritizes agility and customer-centric service. The firm distinguishes itself through a commitment to providing high-quality electrical solutions, positioning itself as a critical partner for regional construction and industrial projects. Its recent expansion into Cayce, South Carolina, serves as a testament to its ongoing commitment to scaling its physical footprint and enhancing service accessibility for its diverse client base.

How much funding has Atlantic Coast Electric Supply raised?

Atlantic Coast Electric Supply has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Atlantic Coast Electric Supply

PPP

Public-Private Partnership

What's next for Atlantic Coast Electric Supply?

With this major strategic investment, Atlantic Coast Electric Supply is well-positioned to accelerate its growth initiatives and optimize its supply chain logistics. The capital will likely be deployed to enhance inventory capacity, integrate advanced distribution technologies, and potentially explore further geographic expansion within the Southeast. As the company transitions into this next phase of development, the focus remains on maintaining its reputation for superior value and ease of doing business, ensuring that it remains the preferred choice for electrical contractors and industrial partners navigating an increasingly complex market landscape.

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Frequently Asked Questions Regarding Atlantic Coast Electric Supply Financial Insights

What are the most recent funding rounds that Atlantic Coast Electric Supply has completed, and what were the funding rounds?
Atlantic Coast Electric Supply has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Atlantic Coast Electric Supply has raised to date?
Atlantic Coast Electric Supply has raised a total of $350K in funding to date.
How many funding rounds has Atlantic Coast Electric Supply completed?
Atlantic Coast Electric Supply has completed 1 funding rounds.
How much funding did Atlantic Coast Electric Supply raise in its most recent funding round?
Atlantic Coast Electric Supply raised $350K in its most recent funding round.
Who are the lead investors in Atlantic Coast Electric Supply's latest funding round?
The lead investor in Atlantic Coast Electric Supply'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 Atlantic Coast Electric Supply's history?
The largest funding round in Atlantic Coast Electric Supply's history was $350K.
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