How Much Did G & B Electric Raise?
Funding & Key Investors

G & B Electric has secured $372K in total capital, with a recent strategic investment of $372K announced on March 31, 2021. This significant backing underscores the company's established presence and ongoing growth within the electrical contracting sector.

What is G & B Electric?

G & B Electric
ConstructionConstruction ManagementArchitecture, Engineering & Design

G & B Electric Company is a long-standing, family-owned electrical contracting business with over 70 years of service to the Cleveland metropolitan area. The firm offers comprehensive electrical solutions for residential, commercial, and industrial clients, encompassing design, installation, and maintenance. Their expertise extends to advanced areas such as facility automation and energy management. A key differentiator is their provision of 24/7 emergency electrical services, delivered by licensed technicians committed to quality and client satisfaction.

How much funding has G & B Electric raised?

G & B Electric has raised a total of $372K across 1 funding round:

2021

Debt

$372K

Debt (2021): $372K with participation from PPP

Key Investors in G & B Electric

PPP

Public-Private Partnership

What's next for G & B Electric?

The recent strategic investment of $372K positions G & B Electric for continued expansion and operational enhancement. Given its substantial total funding of $372K and its late-stage funding context, the company is likely focused on scaling its service offerings, potentially investing in new technologies for energy management and automation, and further solidifying its market leadership in the Cleveland region. This capital infusion will support its commitment to providing reliable, high-quality electrical contracting services and maintaining its reputation for excellent customer support, including its emergency response capabilities.

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Frequently Asked Questions Regarding G & B Electric Financial Insights

What are the most recent funding rounds that G & B Electric has completed, and what were the funding rounds?
G & B Electric has recently completed 1 funding rounds: Debt on Mar 31, 2021.
What is the total amount of funding G & B Electric has raised to date?
G & B Electric has raised a total of $372K in funding to date.
How many funding rounds has G & B Electric completed?
G & B Electric has completed 1 funding rounds.
How much funding did G & B Electric raise in its most recent funding round?
G & B Electric raised $372K in its most recent funding round.
Who are the lead investors in G & B Electric's latest funding round?
The lead investor in G & B 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 G & B Electric's history?
The largest funding round in G & B Electric's history was $372K.
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