How Much Did Specified Electrical Contractors Raise?
Funding & Key Investors

Specified Electrical Contractors has secured significant capital, with total funding reaching $1.6M and a recent strategic investment of $1.6M. This latest financing round underscores the company's established presence and its ongoing trajectory in the electrical construction sector.

What is Specified Electrical Contractors?

Specified Electrical Contractors
ConstructionConstruction Management

Specified Electrical Contractors, often referred to as SECON, is a seasoned provider of comprehensive electrical solutions, boasting over 28 years of experience in electrical construction. The company places a strong emphasis on safety and continuous employee education, ensuring a highly trained workforce committed to delivering superior quality work. SECON's operational footprint extends across Tempe, Phoenix, and Scottsdale, where it tackles complex electrical systems and construction demands. Their commitment to community programs and safety initiatives reflects a foundational ethos built on education, experience, and robust training.

How much funding has Specified Electrical Contractors raised?

Specified Electrical Contractors has raised a total of $1.6M across 1 funding round:

2021

Debt

$1.6M

Debt (2021): $1.6M with participation from PPP

Key Investors in Specified Electrical Contractors

PPP

Public-Private Partnership

What's next for Specified Electrical Contractors?

The recent major strategic investment signals a pivotal moment for Specified Electrical Contractors, likely enabling further expansion of its service capabilities and market reach within the enterprise-level construction domain. This capital infusion is expected to bolster SECON's capacity to undertake larger, more complex projects and potentially explore new technological integrations within its electrical solutions. The company's sustained focus on safety and skilled workforce development positions it for continued growth and leadership in the competitive Arizona electrical contracting landscape.

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Frequently Asked Questions Regarding Specified Electrical Contractors Financial Insights

What are the most recent funding rounds that Specified Electrical Contractors has completed, and what were the funding rounds?
Specified Electrical Contractors has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Specified Electrical Contractors has raised to date?
Specified Electrical Contractors has raised a total of $1.6M in funding to date.
How many funding rounds has Specified Electrical Contractors completed?
Specified Electrical Contractors has completed 1 funding rounds.
How much funding did Specified Electrical Contractors raise in its most recent funding round?
Specified Electrical Contractors raised $1.6M in its most recent funding round.
Who are the lead investors in Specified Electrical Contractors's latest funding round?
The lead investor in Specified Electrical Contractors'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 Specified Electrical Contractors's history?
The largest funding round in Specified Electrical Contractors's history was $1.6M.
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