What is Knapp Electric?
Knapp Electric Inc. is a key player in the Commercial & Residential Construction industry, operating out of Auburn, New York. With a workforce estimated between 10 to 19 employees and reported revenues in the range of $1M to $5M, the company has established a solid foundation. Its operations span both commercial and residential construction, indicating a versatile business model capable of addressing diverse market needs.
How much funding has Knapp Electric raised?
Knapp Electric has raised a total of $1.2M across 2 funding rounds:
Debt
$350K
Debt
$826K
Debt (2020): $350K with participation from PPP
Debt (2021): $826K led by PPP
Key Investors in Knapp Electric
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Knapp Electric?
The recent strategic investment signals a period of potential expansion and development for Knapp Electric. This influx of capital, particularly in the context of major enterprise-level funding, suggests the company is poised to scale its operations, potentially invest in new technologies, or expand its market reach. The focus on strategic backing indicates a forward-looking approach, aiming to leverage this financing for sustained growth and enhanced competitive positioning within the construction industry.
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