How Much Did Beckstead Electric Raise?
Funding & Key Investors

Beckstead Electric has secured $1.1M in total capital, with its most recent financing round bringing in $751K in a major strategic investment. This significant backing underscores the company's established presence and ongoing growth within the electrical services sector.

What is Beckstead Electric?

Beckstead Electric
ConstructionConstruction Management

Beckstead Electric, Inc. is a comprehensive provider of electrical services catering to residential, commercial, and industrial clients. The company specializes in lighting solutions, automation, and is an authorized panel shop for the construction and testing of industrial control panels. Further services include underground utilities tracing and energy audits focused on lighting efficiency, serving clients in Wenatchee, WA.

How much funding has Beckstead Electric raised?

Beckstead Electric has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$751K

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

Debt (2021): $751K led by PPP

What's next for Beckstead Electric?

The substantial enterprise-level funding indicates Beckstead Electric is poised for significant expansion and operational enhancement. This strategic investment will likely fuel advancements in their specialized services, such as industrial control panel manufacturing and energy efficiency solutions. The company is well-positioned to leverage this capital for market penetration and technological upgrades, solidifying its role as a key player in the electrical services industry.

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Frequently Asked Questions Regarding Beckstead Electric Financial Insights

What are the most recent funding rounds that Beckstead Electric has completed, and what were the funding rounds?
Beckstead Electric has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 10, 2020.
What is the total amount of funding Beckstead Electric has raised to date?
Beckstead Electric has raised a total of $1.1M in funding to date.
How many funding rounds has Beckstead Electric completed?
Beckstead Electric has completed 2 funding rounds.
How much funding did Beckstead Electric raise in its most recent funding round?
Beckstead Electric raised $751K in its most recent funding round.
Who are the lead investors in Beckstead Electric's latest funding round?
The lead investor in Beckstead 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 Beckstead Electric's history?
The largest funding round in Beckstead Electric's history was $751K.
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