What is White Electric?
White Electric Company, established in 1983, is a Class A Electrical Contractor serving Virginia and North Carolina. The firm specializes in comprehensive commercial and residential electrical wiring, committed to delivering high-quality installations and services at competitive prices. With over 25 years as an approved electrical apprenticeship sponsor in Virginia, White Electric demonstrates a deep commitment to workforce development within the electrical trade. Their client base spans both commercial enterprises and residential homeowners seeking dependable electrical solutions.
How much funding has White Electric raised?
White Electric has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in White Electric
PPP
Public-Private Partnership
What's next for White Electric?
The recent strategic investment signifies a pivotal moment for White Electric, indicating a phase of accelerated growth and potential expansion. Given the company's established track record and specialization in electrical contracting, this capital infusion is likely to support enhancements in operational capacity, technological adoption, or market penetration within its service regions. The company's history as an apprenticeship sponsor suggests a focus on sustainable growth through skilled labor development, which this funding may further bolster.
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