How Much Did Ullman Electric Raise?
Funding & Key Investors

Ullman Electric, a long-standing electrical contractor, has secured significant enterprise-level funding, with the total capital raised reaching $2M. This latest round, characterized as a major strategic investment, adds to the company's financial trajectory, following a previous debt financing of $2 million on April 11, 2020. The recent capital infusion is expected to bolster Ullman Electric's capacity for growth and innovation in the competitive electrical services market, with the specific amount of the recent funding being $2M.

What is Ullman Electric?

Ullman Electric
ConstructionConstruction Management

Ullman Electric & Technologies is a Cleveland, Ohio-based electrical contractor with over four decades of experience. The company specializes in comprehensive electrical design, installation, and maintenance services for commercial, industrial, and residential clients. Their service portfolio extends to advanced technology solutions, preventative maintenance programs, and the integration of emerging technologies such as electric vehicle (EV) charging infrastructure and Building Information Modeling (BIM). Ullman Electric serves a diverse clientele, including local businesses and national accounts across manufacturing and industrial sectors, underscoring their commitment to delivering high-quality service and value throughout project lifecycles.

How much funding has Ullman Electric raised?

Ullman Electric has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Ullman Electric

PPP

Public-Private Partnership

What's next for Ullman Electric?

With the recent major strategic investment, Ullman Electric is poised for accelerated expansion and technological advancement. The substantial capital injection, totaling $2M, signals a new phase of development, likely enabling the company to enhance its service offerings, particularly in areas like EV charging and BIM modeling, and to broaden its market reach. This strategic financing is anticipated to fortify its position as a leading electrical solutions provider in Ohio and beyond, supporting its long-term growth objectives and commitment to innovation in the electrical contracting industry.

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Frequently Asked Questions Regarding Ullman Electric Financial Insights

What are the most recent funding rounds that Ullman Electric has completed, and what were the funding rounds?
Ullman Electric has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Ullman Electric has raised to date?
Ullman Electric has raised a total of $2M in funding to date.
How many funding rounds has Ullman Electric completed?
Ullman Electric has completed 1 funding rounds.
How much funding did Ullman Electric raise in its most recent funding round?
Ullman Electric raised $2M in its most recent funding round.
Who are the lead investors in Ullman Electric's latest funding round?
The lead investor in Ullman 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 Ullman Electric's history?
The largest funding round in Ullman Electric's history was $2M.
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