About Innovative Electric
Innovative Electric is a Business Services company based in Everett (United States) founded in 1994, and was acquired by Shermco in June 2021. Electrical services are provided in Everett since 1994. Its focus areas include Consumer, Professional Consumer Services, Home-Services and Maintenance & Repair. Its competitors include Aeroseal, Wrench Group and American Residential Services; 1 of its 3 listed competitors has raised funding.
Company details
Innovative Electric was founded in 1994 in Everett, United States, and operates within the electrical services sector. Core activities encompass provision of electrical installations, maintenance, and repairs for residential and commercial clients. The company is owned by Torrance Ring and maintains its domain at innovative-electric.com. Operations are focused regionally in the United States, serving local infrastructure needs without international expansion noted.
- Headquarters Everett, United States
- Stage Acquired
- SectorsBusiness Services
- Email••••••••
- Phone•••• ••••
- Website innovative-electric.com
- Social LinkedIn
- Acquired by Shermco (Jun 2021)
Investors in Innovative Electric
Innovative Electric has secured backing from 1 investor. Prominent investors backing the company include Shermco.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Electrical Maintenance provider | 1974 | shermco.com | Irving, United States |
Investor details for Innovative Electric
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Innovative Electric
1 people are tracked at Innovative Electric (1 in leadership).
| Name | Role | Group |
|---|---|---|
Torrance Ring | Owner | Leadership |
Complete people profiles for Innovative Electric
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of Innovative Electric
2 dated milestones of Innovative Electric across 27 years, from founding to its latest funding, stage changes and deals.
- Founded Innovative Electric is founded.
- Exit Acquired by Shermco.
Competitors of Innovative Electric
Innovative Electric has 3 listed competitors in our database, 1 of them funded. They include Aeroseal, Wrench Group and American Residential Services.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| aeroseal.com | 1993 | Miamisburg, United States | $119M | 124 | Duct sealing services are provided to homes and industries. | |
| wrenchgroup.com | 2016 | Dallas, United States | 4,083 | Web application that enables tradesmen to create customized preventive maintenance programs | ||
| ars.com | 1975 | Memphis, United States | Provides heating, air conditioning, plumbing, and sewer and drain services to homes and businesses |
Detailed competitors of Innovative Electric
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Top companies in Professional Consumer Services
3 companies that operate in the same segment as Innovative Electric (Professional Consumer Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Waste collection and management services are provided nationwide. | 1968 | Houston, Texas, United States | USD 25.2 B | 61,700 | ||
Water treatment and hygiene solutions are provided for various industries. | 1998 | Fort Mill, South Carolina, United States | USD 486.9 M | USD 88.99 M | 491 | |
Hardware products are retailed through stores and online channels. | 1924 | Oak Brook, Illinois, United States | USD 516.88 M | 14,600 |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Innovative Electric
Complete news archive for Innovative Electric
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Innovative Electric
Innovative Electric was founded in 1994.
Innovative Electric is headquartered in Everett, United States. It is registered at Everett, Washington, United States.
Innovative Electric was founded in 1994 in Everett, United States, and operates within the electrical services sector. Core activities encompass provision of electrical installations, maintenance, and repairs for residential and commercial clients. The company is owned by Torrance Ring and maintains its domain at innovative-electric.com. Operations are focused regionally in the United States, serving local infrastructure needs without international expansion noted.
Innovative Electric's top competitors include Aeroseal, Wrench Group and American Residential Services.
Innovative Electric has 1 investor. Key investors include Shermco.
Yes. Innovative Electric was acquired by Shermco in June 2021.