About Conelec
Conelec is a company based in Deland (United States) founded in 1983 was acquired by Main Street Capital Holdings in January 2011. Conelec has raised $3.3 million across 2 funding rounds from investors including Main Street Capital.
- Headquarter Deland, United States
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Sectors
Technology
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Phone
Locked
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Website
Locked
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Social
Locked
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$3.3 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Unspecified
Feb 21, 2017
- Investors
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Employee Count
Not available
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Acquired by
Main Street Capital Holdings
(Jan 31, 2011)
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People of Conelec
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Funding Insights of Conelec
Conelec has successfully raised a total of $3.3M across 2 strategic funding rounds. The most recent funding activity was a Unspecified round of $2 million completed in February 2017. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Conelec
Conelec has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Main Street Capital.
| Investor | Description | Founded Year | Domain | Location |
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Equity investments are provided to lower middle-market companies.
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Locked | Locked | Locked |
Investor details for Conelec
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Investments & Acquisitions by Conelec
Investment portfolio details for Conelec
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Financial Statements - Conelec
Detailed financials for Conelec
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Conelec Comparisons
Peer comparison for Conelec
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Competitors of Conelec
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Latest news on Conelec
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Frequently Asked Questions about Conelec
Conelec was founded in 1983 and raised its 1st funding round 30 years after it was founded.
Conelec is headquartered in Deland, United States. It is registered at Deland, Florida, United States.
Conelec is a funded company, having raised a total of $3.3M across 2 funding rounds to date.
Conelec was founded in 1983 and is based in Deland, United States. Manufacturing services are offered to original equipment manufacturers in industrial and military communications sectors. Printed circuit board assembly, electronic systems integration, and after-market support are included among the core operations to support customer production processes.
Conelec has 1 investor. Key investors include Main Street Capital.