How Much Did Faulk Electric Raise?
Funding & Key Investors

Faulk Electric, a company specializing in electrical services for construction, industrial, and commercial sectors, has secured $443K in total capital. The most recent financing round, valued at $293K, was a major strategic investment announced on February 18, 2021. This significant backing positions Faulk Electric for continued growth and expansion within its established markets.

What is Faulk Electric?

Faulk Electric
ConstructionConstruction Management

Faulk Electric Corporation has built a reputation over four decades for delivering superior electrical services across construction, industrial, and commercial domains. The company is recognized for its commitment to professionalism, quality, and exceptional customer service. Their team of certified electricians is adept at executing installations with both speed and precision, ensuring high levels of client satisfaction. Faulk Electric primarily serves clients throughout Tucson and Southern Arizona, offering a comprehensive suite of electrical installation and troubleshooting solutions.

How much funding has Faulk Electric raised?

Faulk Electric has raised a total of $443K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$293K

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

Debt (2021): $293K led by PPP

Key Investors in Faulk Electric

Undisclosed Investor

An undisclosed investor participated in the recent funding round, contributing to Faulk Electric's strategic capital growth.

Undisclosed Investor

An undisclosed investor provided debt financing to Faulk Electric in a prior funding stage.

Undisclosed Investor

An undisclosed investor provided debt financing to Faulk Electric in an earlier funding stage.

What's next for Faulk Electric?

The substantial late-stage funding, including the recent strategic investment, indicates Faulk Electric's maturity and readiness for significant scaling. This capital infusion is likely to fuel operational enhancements, potential market expansion beyond Southern Arizona, and the adoption of advanced electrical technologies. The company's long-standing experience and focus on client satisfaction provide a solid foundation for leveraging this new financing to solidify its market leadership and explore new avenues for growth in the electrical services industry.

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Frequently Asked Questions Regarding Faulk Electric Financial Insights

What are the most recent funding rounds that Faulk Electric has completed, and what were the funding rounds?
Faulk Electric has recently completed 2 funding rounds: Debt on Feb 18, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Faulk Electric has raised to date?
Faulk Electric has raised a total of $443K in funding to date.
How many funding rounds has Faulk Electric completed?
Faulk Electric has completed 2 funding rounds.
How much funding did Faulk Electric raise in its most recent funding round?
Faulk Electric raised $293K in its most recent funding round.
Who are the lead investors in Faulk Electric's latest funding round?
The lead investor in Faulk 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 Faulk Electric's history?
The largest funding round in Faulk Electric's history was $293K.
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