How Much Did Axis Electric Raise?
Funding & Key Investors

Axis Electric has secured $350K in total capital, with its most recent funding round bringing in $350K through a major strategic investment. This significant backing underscores the company's established position and growth trajectory in the electrical contracting sector.

What is Axis Electric?

Axis Electric
ConstructionConstruction Management

Axis Electric, Inc. is a prominent electrical contractor that has been serving the Willamette Valley since 2007, operating from its locations in Albany and Philomath. The company offers a comprehensive suite of electrical services designed for residential, commercial, agricultural, and industrial clients, including specialized backup power solutions. Recognized for its professional and timely service, Axis Electric was awarded Best Electrician in the Top of the Valley Best of 2023, highlighting its commitment to quality workmanship and client satisfaction across a diverse range of projects.

How much funding has Axis Electric raised?

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

2020

Debt

$350K

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

Key Investors in Axis Electric

PPP

Public-Private Partnership

What's next for Axis Electric?

The substantial capital infusion, particularly the recent strategic investment, positions Axis Electric for significant expansion and operational enhancement. As a company with a strong foundation in the Willamette Valley and a reputation for quality, this late-stage funding is likely to fuel further market penetration, technological adoption, and potentially the expansion of its service offerings. The focus on strategic investment suggests a move towards solidifying its market leadership and exploring new avenues for growth within the electrical services industry.

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Frequently Asked Questions Regarding Axis Electric Financial Insights

What are the most recent funding rounds that Axis Electric has completed, and what were the funding rounds?
Axis Electric has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Axis Electric has raised to date?
Axis Electric has raised a total of $350K in funding to date.
How many funding rounds has Axis Electric completed?
Axis Electric has completed 1 funding rounds.
How much funding did Axis Electric raise in its most recent funding round?
Axis Electric raised $350K in its most recent funding round.
Who are the lead investors in Axis Electric's latest funding round?
The lead investor in Axis 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 Axis Electric's history?
The largest funding round in Axis Electric's history was $350K.
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