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

G&B Electric, a prominent commercial and industrial electrical contractor, has secured $350K in total capital, with a recent major strategic investment amounting to $350K. This significant backing underscores the company's established position and its trajectory within the electrical services sector.

What is G&B Electric?

G&B Electric
ConstructionConstruction ManagementArchitecture, Engineering & Design

G&B Electric Inc. is a Michigan-based firm with over 25 years of experience providing comprehensive electrical services for commercial, industrial, and large residential projects. Their expertise spans various sectors, including retail, food service, office spaces, factories, and data centers. The company offers end-to-end solutions, encompassing design/build services, project management, and detailed budgeting estimates, ensuring efficient project delivery. Founded by master electrician Jim Gierlach, G&B Electric Inc. is dedicated to delivering superior electrical performance and technical proficiency to clients across Michigan and beyond.

How much funding has G&B Electric raised?

G&B Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in G&B Electric

PPP

Public-Private Partnership

What's next for G&B Electric?

The substantial capital infusion, particularly the recent strategic investment, positions G&B Electric for accelerated growth and enhanced operational capabilities. This funding is likely to fuel expansion into new markets, investment in advanced technologies, and the scaling of their service offerings. As a company in a large-scale, late-stage funding phase, G&B Electric is poised to solidify its leadership in the electrical contracting industry, potentially through strategic acquisitions or by deepening its penetration in existing high-demand sectors like data center infrastructure and industrial automation.

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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 Apr 16, 2020.
What is the total amount of funding G&B Electric has raised to date?
G&B Electric has raised a total of $350K 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 $350K 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 $350K.
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