What is Price Electric?
Founded in 1996 by Jeremy Price, Price Electric has evolved into a substantial enterprise with over 170 employees and multiple offices across Iowa, including Robins, Iowa City, Des Moines, and Manchester. The company specializes in a broad spectrum of electrical contracting services, catering to commercial, residential, utility, and industrial clients of all sizes. Its commitment to safety was recognized in 2014 when EHS Today named it one of America's Safest Companies, highlighting a core value alongside its extensive service offerings and market reach.
How much funding has Price Electric raised?
Price Electric has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Price Electric
PPP
Public-Private Partnership
What's next for Price Electric?
The company's substantial enterprise-level funding, coupled with a recent strategic investment, positions Price Electric for continued expansion and operational enhancement. This capital infusion is likely to support further development of its service capabilities, potential geographic expansion, and the adoption of new technologies within the electrical contracting industry. As a company with a strong safety record and a diverse client base, this financial backing will enable Price Electric to pursue larger contracts and solidify its market leadership.
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