How Much Did Hannah Electric Raise?
Funding & Key Investors

Hannah Electric has secured $350K in total capital, with its most recent financing round bringing in $350K. This major strategic investment underscores the company's significant progress and its position within the electrical contracting sector. The context of this large-scale, late-stage funding suggests Hannah Electric is poised for substantial expansion and further market penetration.

What is Hannah Electric?

Hannah Electric
ConstructionConstruction Management

Hannah Electric is a prominent electrical contractor headquartered in Cleveland, Ohio, recognized for its comprehensive commercial and residential electrical services. The company's offerings encompass generators, EV charging stations, fire alarms, and life safety solutions, demonstrating a commitment to integrating advanced technology with robust customer service principles. Serving diverse clients including educational institutions, community centers, and assisted living facilities across Northeast Ohio, Hannah Electric prioritizes exceeding project expectations through quality workmanship and reliable solutions.

How much funding has Hannah Electric raised?

Hannah Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Hannah Electric?

The substantial capital infusion, characterized as a large-scale, late-stage funding event and a major strategic investment, signals Hannah Electric's transition into a new phase of growth. This financing is likely to fuel strategic initiatives such as expanding service territories, enhancing technological capabilities, and potentially acquiring complementary businesses. The company's focus on essential services like EV charging and life safety solutions positions it favorably to capitalize on evolving market demands and infrastructure development trends, reinforcing its trajectory towards sustained expansion and market leadership.

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Frequently Asked Questions Regarding Hannah Electric Financial Insights

What are the most recent funding rounds that Hannah Electric has completed, and what were the funding rounds?
Hannah Electric has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Hannah Electric has raised to date?
Hannah Electric has raised a total of $350K in funding to date.
How many funding rounds has Hannah Electric completed?
Hannah Electric has completed 1 funding rounds.
How much funding did Hannah Electric raise in its most recent funding round?
Hannah Electric raised $350K in its most recent funding round.
Who are the lead investors in Hannah Electric's latest funding round?
The lead investor in Hannah 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 Hannah Electric's history?
The largest funding round in Hannah Electric's history was $350K.
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