How Much Did Heritage Electrical Raise?
Funding & Key Investors

Heritage Electrical Corporation has secured $225K in total capital, with its most recent financing round bringing in $75K in substantial expansion capital. This latest investment underscores the company's established position and its strategic growth initiatives within the industrial automation sector.

What is Heritage Electrical?

Heritage Electrical
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Founded in 1984, Heritage Electrical Corporation is a specialized provider of turnkey automation solutions. The company offers a comprehensive suite of services, including controls engineering, SCADA systems, custom panel fabrication, software and graphical design, high-level coding, data acquisition, installation, and ongoing maintenance. Operating as a successful small minority-owned business, Heritage Electrical is dedicated to delivering quality workmanship and ensuring customer satisfaction, providing round-the-clock emergency support to clients nationwide.

How much funding has Heritage Electrical raised?

Heritage Electrical has raised a total of $225K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$75K

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

Debt (2021): $75K led by PPP

What's next for Heritage Electrical?

The substantial expansion capital indicates Heritage Electrical is poised for significant scaling and further market penetration. This late-stage funding will likely be directed towards enhancing operational capacity, expanding service offerings, and potentially exploring new technological integrations to maintain its competitive edge in the industrial automation landscape. The company's commitment to quality and customer support, coupled with this financial backing, positions it for continued success and growth.

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Frequently Asked Questions Regarding Heritage Electrical Financial Insights

What are the most recent funding rounds that Heritage Electrical has completed, and what were the funding rounds?
Heritage Electrical has recently completed 2 funding rounds: Debt on Feb 1, 2021, Debt on May 28, 2020.
What is the total amount of funding Heritage Electrical has raised to date?
Heritage Electrical has raised a total of $225K in funding to date.
How many funding rounds has Heritage Electrical completed?
Heritage Electrical has completed 2 funding rounds.
How much funding did Heritage Electrical raise in its most recent funding round?
Heritage Electrical raised $75K in its most recent funding round.
Who are the lead investors in Heritage Electrical's latest funding round?
The lead investor in Heritage Electrical'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 Heritage Electrical's history?
The largest funding round in Heritage Electrical's history was $150K.
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