How Much Did Gte Electric Raise?
Funding & Key Investors

Gte Electric has secured $17K in total investment, with a recent capital infusion of $17K to fuel its moderate growth. This financing round marks a significant step for the electrical services provider as it operates within the Series A/B growth stage.

What is Gte Electric?

Gte Electric
ConstructionConstruction Management

GTE Electric Inc. is a seasoned electrical contractor based in Center Moriches, New York, boasting over 25 years of operational experience. The company specializes in delivering comprehensive electrical services for both residential and commercial sectors, with a particular focus on new construction and renovation projects. GTE Electric Inc. emphasizes transparent cost structures and clear client expectations, aiming to ensure complete customer satisfaction through timely service and competitive pricing. Their core mission is to maintain electrical systems at optimal performance levels for their clientele.

How much funding has Gte Electric raised?

Gte Electric has raised a total of $17K across 1 funding round:

2021

Debt

$17K

Debt (2021): $17K with participation from PPP

Key Investors in Gte Electric

PPP

Public-Private Partnership

What's next for Gte Electric?

Operating at a Series A/B growth stage, Gte Electric's recent capital injection is strategically positioned to enhance its service capabilities and market reach. This investment will likely support operational scaling, potentially involving the expansion of its service fleet, adoption of new technologies for efficiency, and broadening its geographical footprint within New York. The company's focus on customer satisfaction and competitive pricing, coupled with its extensive experience, provides a solid foundation for sustained growth and market leadership in the electrical contracting industry.

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Frequently Asked Questions Regarding Gte Electric Financial Insights

What are the most recent funding rounds that Gte Electric has completed, and what were the funding rounds?
Gte Electric has recently completed 1 funding rounds: Debt on Feb 2, 2021.
What is the total amount of funding Gte Electric has raised to date?
Gte Electric has raised a total of $17K in funding to date.
How many funding rounds has Gte Electric completed?
Gte Electric has completed 1 funding rounds.
How much funding did Gte Electric raise in its most recent funding round?
Gte Electric raised $17K in its most recent funding round.
Who are the lead investors in Gte Electric's latest funding round?
The lead investor in Gte 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 Gte Electric's history?
The largest funding round in Gte Electric's history was $17K.
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