How Much Did Brookside Electric Raise?
Funding & Key Investors

Brookside Electric has secured $289K in total funding, with its most recent capital infusion amounting to $139K from a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the electrical services sector.

What is Brookside Electric?

Brookside Electric
ConstructionConstruction Management

Brookside Electric is a comprehensive provider of electrical services, catering to residential, commercial, and industrial clients in Westerly, RI. The company specializes in electrical installations, offering round-the-clock emergency services and complimentary estimates. Their expertise spans from intricate residential wiring to large-scale commercial projects, including the implementation of fire alarm systems and energy-efficient lighting solutions. Brookside Electric is dedicated to delivering high-quality, reliable electrical solutions and ensuring complete customer satisfaction through its service promise.

How much funding has Brookside Electric raised?

Brookside Electric has raised a total of $289K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$139K

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

Debt (2021): $139K led by PPP

Key Investors in Brookside Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Brookside Electric?

With a substantial large-scale late-stage funding context, Brookside Electric is poised for significant expansion and operational enhancement. This strategic investment likely signals a move towards scaling its service offerings, potentially expanding its geographic reach, or investing in advanced technologies to further optimize its electrical solutions. The company's focus on core services like residential, commercial, and industrial installations, coupled with its commitment to emergency services, positions it for sustained growth and market leadership.

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Frequently Asked Questions Regarding Brookside Electric Financial Insights

What are the most recent funding rounds that Brookside Electric has completed, and what were the funding rounds?
Brookside Electric has recently completed 2 funding rounds: Debt on Jan 27, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Brookside Electric has raised to date?
Brookside Electric has raised a total of $289K in funding to date.
How many funding rounds has Brookside Electric completed?
Brookside Electric has completed 2 funding rounds.
How much funding did Brookside Electric raise in its most recent funding round?
Brookside Electric raised $139K in its most recent funding round.
Who are the lead investors in Brookside Electric's latest funding round?
The lead investor in Brookside 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 Brookside Electric's history?
The largest funding round in Brookside Electric's history was $150K.
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