How Much Did Creative Electrical Contractors Raise?
Funding & Key Investors

Creative Electrical Contractors has secured $497K in total capital, with its most recent financing round bringing in $347K. This significant strategic investment underscores the company's established presence and ongoing growth within the electrical contracting sector. The company's funding history, primarily comprising debt financing, indicates a pattern of leveraging financial instruments to support its operations and expansion initiatives.

What is Creative Electrical Contractors?

Creative Electrical Contractors
ConstructionConstruction Management

Established in 1998, Creative Electrical Contractors, Inc. is a licensed provider of comprehensive electrical services for commercial, institutional, and industrial clients across Virginia and North Carolina. The firm has built a reputation for high standards of performance and customer satisfaction, evidenced by its project portfolio which includes work for educational institutions like Longwood University, as well as various retail and theater facilities. Creative Electrical Contractors is dedicated to elevating industry standards and is actively recruiting skilled electricians and helpers to bolster its workforce.

How much funding has Creative Electrical Contractors raised?

Creative Electrical Contractors has raised a total of $497K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$347K

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

Debt (2021): $347K led by PPP

What's next for Creative Electrical Contractors?

With its recent strategic investment and substantial total capital, Creative Electrical Contractors is well-positioned for continued expansion and operational enhancement. The company's focus on large-scale, late-stage funding suggests a strategic push towards larger projects, market penetration, or technological advancements within its service offerings. Future developments are likely to involve scaling operations to meet increasing demand for specialized electrical services in its core markets, potentially exploring new geographic regions or expanding its service capabilities to further solidify its industry leadership.

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Frequently Asked Questions Regarding Creative Electrical Contractors Financial Insights

What are the most recent funding rounds that Creative Electrical Contractors has completed, and what were the funding rounds?
Creative Electrical Contractors has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Creative Electrical Contractors has raised to date?
Creative Electrical Contractors has raised a total of $497K in funding to date.
How many funding rounds has Creative Electrical Contractors completed?
Creative Electrical Contractors has completed 2 funding rounds.
How much funding did Creative Electrical Contractors raise in its most recent funding round?
Creative Electrical Contractors raised $347K in its most recent funding round.
Who are the lead investors in Creative Electrical Contractors's latest funding round?
The lead investor in Creative Electrical Contractors'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 Creative Electrical Contractors's history?
The largest funding round in Creative Electrical Contractors's history was $347K.
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