How Much Did Long Electric Raise?
Funding & Key Investors

Long Electric has secured $1.8M in total financing, with its most recent capital infusion of $797K marking a significant strategic investment. This enterprise-level funding underscores the company's established presence and growth trajectory in the electrical services sector.

What is Long Electric?

Long Electric
ConstructionConstruction Management

Long Electric is a provider of comprehensive electrical solutions, offering services that span design and build, remodeling, and ongoing maintenance. The company prides itself on its team of experienced electricians capable of addressing complex electrical challenges with creative problem-solving and professional expertise. Long Electric emphasizes fast, friendly service from project inception to completion, prioritizing customer satisfaction as its primary objective. The company also demonstrates a commitment to its community through local school donations.

How much funding has Long Electric raised?

Long Electric has raised a total of $1.8M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$797K

Debt (2020): $1M with participation from PPP

Debt (2021): $797K led by PPP

Key Investors in Long Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Long Electric?

The recent major strategic investment positions Long Electric for continued expansion and operational enhancement. This influx of capital is expected to fuel advancements in service delivery, potentially enabling the company to take on larger-scale projects and further solidify its market position. Strategic deployment of these funds will likely focus on enhancing technological capabilities, expanding the skilled workforce, and reinforcing its commitment to prompt and expert service, ensuring Long Electric remains a leader in meeting diverse electrical needs.

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Frequently Asked Questions Regarding Long Electric Financial Insights

What are the most recent funding rounds that Long Electric has completed, and what were the funding rounds?
Long Electric has recently completed 2 funding rounds: Debt on Jan 28, 2021, Debt on Apr 13, 2020.
What is the total amount of funding Long Electric has raised to date?
Long Electric has raised a total of $1.8M in funding to date.
How many funding rounds has Long Electric completed?
Long Electric has completed 2 funding rounds.
How much funding did Long Electric raise in its most recent funding round?
Long Electric raised $797K in its most recent funding round.
Who are the lead investors in Long Electric's latest funding round?
The lead investor in Long 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 Long Electric's history?
The largest funding round in Long Electric's history was $1M.
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