How Much Did NX Electric Raise?
Funding & Key Investors

NX Electric has secured $90K in total financing, with a recent capital injection of $90K designated for substantial expansion. This latest round underscores the company's significant Series B/C stage of growth within the repair services sector.

What is NX Electric?

NX Electric
Consumer ServicesRepair Services

NX Electric LLC is a key player in the Repair Services industry, operating from Lewisville, Texas. The company, which employs between 10 to 19 individuals and generates between $5 million to $10 million in revenue, focuses on providing essential repair solutions. Its operational scale and revenue suggest a mature business model poised for further development and market penetration.

How much funding has NX Electric raised?

NX Electric has raised a total of $90K across 1 funding round:

2021

Debt

$90K

Debt (2021): $90K with participation from PPP

Key Investors in NX Electric

PPP

Public-Private Partnership

What's next for NX Electric?

With the recent influx of expansion capital, NX Electric is strategically positioned to scale its operations, enhance its service offerings, and potentially explore new market segments. The significant Series B/C stage funding indicates investor confidence in the company's trajectory and its capacity to leverage this investment for accelerated growth and increased market share in the competitive repair services landscape.

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Frequently Asked Questions Regarding NX Electric Financial Insights

What are the most recent funding rounds that NX Electric has completed, and what were the funding rounds?
NX Electric has recently completed 1 funding rounds: Debt on Feb 19, 2021.
What is the total amount of funding NX Electric has raised to date?
NX Electric has raised a total of $90K in funding to date.
How many funding rounds has NX Electric completed?
NX Electric has completed 1 funding rounds.
How much funding did NX Electric raise in its most recent funding round?
NX Electric raised $90K in its most recent funding round.
Who are the lead investors in NX Electric's latest funding round?
The lead investor in NX 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 NX Electric's history?
The largest funding round in NX Electric's history was $90K.
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