How Much Did Tri-State Electrical Supply Raise?
Funding & Key Investors

Tri-State Electrical Supply has secured $69K in recent financing, contributing to a total funding amount of $69K. This substantial expansion capital injection signals a significant growth phase for the company, likely aligning with a Series B/C stage of development. The company's ability to attract this level of investment underscores its established position in the industrial electrical supply market.

What is Tri-State Electrical Supply?

Tri-State Electrical Supply
RetailHome Improvement & Hardware Retail

Tri-State Electrical Supply specializes in providing industrial electrical and electronic supplies essential for maintenance, repair, and operations (MRO) across Northwest Indiana. Their comprehensive inventory features products from leading manufacturers such as Cutler-Hammer and Westinghouse. Beyond product supply, the company offers critical services including circuit board repair and energy-efficient upgrade solutions. They serve a diverse clientele spanning agriculture, healthcare, and utilities, emphasizing rapid delivery and exceptional customer support. With extensive experience and a large warehouse, Tri-State Electrical Supply is adept at sourcing both new and legacy parts, ensuring continuous operational support for their customers.

How much funding has Tri-State Electrical Supply raised?

Tri-State Electrical Supply has raised a total of $69K across 1 funding round:

2021

Debt

$69K

Debt (2021): $69K with participation from PPP

What's next for Tri-State Electrical Supply?

The recent influx of substantial expansion capital positions Tri-State Electrical Supply for strategic growth and enhanced operational capabilities. This financing is expected to fuel initiatives aimed at expanding market reach, potentially through increased inventory, broader service offerings, or geographical expansion. The company's focus on MRO supplies for critical industries suggests a trajectory geared towards solidifying its role as a key regional provider, leveraging its expertise in electrical and electronic components to meet evolving industrial demands and capitalize on opportunities for energy-efficient solutions.

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Frequently Asked Questions Regarding Tri-State Electrical Supply Financial Insights

What are the most recent funding rounds that Tri-State Electrical Supply has completed, and what were the funding rounds?
Tri-State Electrical Supply has recently completed 1 funding rounds: Debt on Feb 27, 2021.
What is the total amount of funding Tri-State Electrical Supply has raised to date?
Tri-State Electrical Supply has raised a total of $69K in funding to date.
How many funding rounds has Tri-State Electrical Supply completed?
Tri-State Electrical Supply has completed 1 funding rounds.
How much funding did Tri-State Electrical Supply raise in its most recent funding round?
Tri-State Electrical Supply raised $69K in its most recent funding round.
Who are the lead investors in Tri-State Electrical Supply's latest funding round?
The lead investor in Tri-State Electrical Supply'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 Tri-State Electrical Supply's history?
The largest funding round in Tri-State Electrical Supply's history was $69K.
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