How Much Did Code Electric Raise?
Funding & Key Investors

Code Electric has secured substantial capital, with its total funding reaching $391K. The company recently announced a significant strategic investment of $241K, underscoring its position in the market and its trajectory for further expansion. This latest financing round signifies a critical juncture for the El Paso-based firm.

What is Code Electric?

Code Electric
ConstructionConstruction Management

Code Electric, Inc. is a provider of comprehensive electrical services and solutions, operating out of El Paso, Texas. The company serves a broad spectrum of residential and commercial clients, focusing on delivering high-quality electrical installations and maintenance. With a dedication to customer satisfaction and operational excellence, Code Electric aims to be a reliable partner for all electrical needs, ensuring efficient and dependable service delivery across its projects.

How much funding has Code Electric raised?

Code Electric has raised a total of $391K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$241K

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

Debt (2021): $241K led by PPP

What's next for Code Electric?

The substantial capital infusion, particularly the recent strategic investment, positions Code Electric for significant scaling and operational enhancement. As a company in a large-scale, late-stage funding phase, Code Electric is likely to focus on expanding its service offerings, increasing its geographic reach, and potentially investing in new technologies to maintain its competitive edge. This backing will enable strategic initiatives aimed at solidifying its market leadership and driving future growth in the electrical services sector.

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Frequently Asked Questions Regarding Code Electric Financial Insights

What are the most recent funding rounds that Code Electric has completed, and what were the funding rounds?
Code Electric has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 9, 2020.
What is the total amount of funding Code Electric has raised to date?
Code Electric has raised a total of $391K in funding to date.
How many funding rounds has Code Electric completed?
Code Electric has completed 2 funding rounds.
How much funding did Code Electric raise in its most recent funding round?
Code Electric raised $241K in its most recent funding round.
Who are the lead investors in Code Electric's latest funding round?
The lead investor in Code 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 Code Electric's history?
The largest funding round in Code Electric's history was $241K.
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