About RK Electric
RK Electric is a company based in Fremont (United States) founded in 1995 was acquired by Huron Capital in October 2023.. The company has 148 employees as of December 31, 2019. RK Electric offers products and services including Electrical Services, Data Communications, and Emergency Services. RK Electric operates in a competitive market with competitors including Thermon, Hager Group, MKD Electric, Profarma and Artic Building Services, among others.
- Headquarter Fremont, United States
- Employees 148 as on 31 Dec, 2019
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Sectors
Business Services
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Phone
*********
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Website
*********
- Legal Name Rk Electric, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
148
as on Dec 31, 2019
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Acquired by
Huron Capital
(Oct 10, 2023)
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Products & Services of RK Electric
RK Electric offers a comprehensive portfolio of products and services, including Electrical Services, Data Communications, and Emergency Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Offers design, build, and maintenance for electrical systems
Provides structured cabling and network solutions for businesses
Delivers rapid response for electrical and data issues
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Funding Insights of RK Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in RK Electric
RK Electric has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Huron Capital. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Huron Capital is engaged in private equity investments in North American services businesses.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by RK Electric
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - RK Electric
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Rk Electric Comparisons
Competitors of RK Electric
RK Electric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thermon, Hager Group, MKD Electric, Profarma and Artic Building Services, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Engineered thermal solutions are provided for industrial heat tracing applications.
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Offers electrical installation solutions for energy distribution, cable management, and building automation globally.
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Industrial electrical contracting and maintenance services are provided.
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| domain | founded_year | HQ Location |
Healthcare distribution and retail services are provided.
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| domain | founded_year | HQ Location |
Electrical services are provided for building projects and maintenance.
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| domain | founded_year | HQ Location |
Electrical and mechanical contracting services for infrastructure projects are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Rk Electric
Frequently Asked Questions about RK Electric
When was RK Electric founded?
RK Electric was founded in 1995.
Where is RK Electric located?
RK Electric is headquartered in Fremont, United States. It is registered at Fremont, California, United States.
How many employees does RK Electric have?
As of Dec 31, 2019, the latest employee count at RK Electric is 148.
What does RK Electric do?
RK Electric was founded in 1995 and is headquartered in Fremont, United States. Operations focus on the electrical services sector, where commercial installations, maintenance, and repairs are handled for businesses. Services include wiring systems, lighting setups, and power distribution solutions tailored to commercial properties. Coverage extends across various regions in the United States, supporting infrastructure needs for industrial and office environments.
Who are the top competitors of RK Electric?
RK Electric's top competitors include Thermon, MKD Electric and RULKA ELECTRICALS.
What products or services does RK Electric offer?
RK Electric offers Electrical Services, Data Communications, and Emergency Services.
Who are RK Electric's investors?
RK Electric has 1 investor. Key investors include Huron Capital.