How Much Did JW Electric Raise?
Funding & Key Investors

JW Electric Corp has secured $891K in total capital, with its most recent financing round bringing in $541K through a major strategic investment. This latest funding underscores the company's significant enterprise-level backing and its strategic importance in the electrical contracting sector.

What is JW Electric?

JW Electric
ConstructionConstruction ManagementConsumer Services

JW Electric Corp is a comprehensive electrical contracting firm dedicated to new construction, renovations, and ongoing service and repair. The company emphasizes swift and accurate job completion, ensuring tasks are performed correctly on the first attempt. As a New York State Certified Electrician, JW Electric has earned considerable acclaim from a broad customer base for its dependable service delivery. Their client portfolio spans homeowners and businesses requiring expert electrical solutions.

How much funding has JW Electric raised?

JW Electric has raised a total of $891K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$541K

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

Debt (2021): $541K led by PPP

Key Investors in JW Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for JW Electric?

The substantial enterprise-level funding and recent strategic investment indicate JW Electric is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in service capabilities, potentially expanding their geographic reach or investing in new technologies to maintain their competitive edge in the electrical contracting market. The company's focus on efficiency and reliability, coupled with this financial backing, positions them for continued growth and market leadership.

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Frequently Asked Questions Regarding JW Electric Financial Insights

What are the most recent funding rounds that JW Electric has completed, and what were the funding rounds?
JW Electric has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on May 1, 2020.
What is the total amount of funding JW Electric has raised to date?
JW Electric has raised a total of $891K in funding to date.
How many funding rounds has JW Electric completed?
JW Electric has completed 2 funding rounds.
How much funding did JW Electric raise in its most recent funding round?
JW Electric raised $541K in its most recent funding round.
Who are the lead investors in JW Electric's latest funding round?
The lead investor in JW 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 JW Electric's history?
The largest funding round in JW Electric's history was $541K.
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