Fundz

Summit Park leads a majority recapitalization of DX Electric to support their growth and expand service capabilities.

PRIVATEOct 06, 2025

Round Type

Funding Round

GrapevineManufacturingelectrical/electronic manufacturing

Investors

Summit Park

Description

Summit Park has led a majority recapitalization of DX Electric, a leading distributor of electrical components. DX focuses on optimizing the procurement and management of essential electrical parts for various OEMs. The investment aims to enhance growth and expand the company's service offerings. Andrew Gilbert from Summit Park expressed enthusiasm for the partnership and future prospects.

Quick answer

DX Electric raised an undisclosed amount in a Funding Round round, dated October 6, 2025. Investors: Summit Park. DX Electric is based in Grapevine, Texas, United States.

How much did DX Electric raise?
DX Electric raised an undisclosed amount in a Funding Round round on October 6, 2025.
Who invested in DX Electric?
Summit Park is named as investors in this round.
What does DX Electric do?
DX Electric is a distributor of electrical c-parts and components to a broad set of OEMs.
Where is DX Electric based and how big is it?
DX Electric is based in Grapevine, Texas, United States. Fundz records about 22 employees.
Who are the decision-makers at DX Electric?
Fundz holds 2 contacts at DX Electric. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in electrical/electronic manufacturing and Manufacturing around the same time

Companies in the same sectors as DX Electric that raised within 45 days of this round, from Fundz verified event records.

  • Delvitech raised $40M (Series B) on November 11, 2025.
  • Ares Materials raised $12M (Series B) on October 10, 2025.
  • aXenic raised $738K (Seed) on October 6, 2025.
  • Commcrete raised $29M (Seed) on September 30, 2025.
  • TracXon raised $5.5M (Funding Round) on September 5, 2025.
  • Lucid Group raised $300M (Funding Round) on September 4, 2025.

Who to call at DX Electric, and when

A new round usually means DX Electric is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day DX Electric raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at DX Electric, from your own LinkedIn network

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Company Information

Company

DX Electric

Location

920 Minters Chapel Rd

Grapevine, Texas, United States

About

DX Electric is a distributor of electrical c-parts and components to a broad set of OEMs. The Company distributes ~6,400 unique SKUs to a variety of customers across industrial and manufacturing end markets, specializing in parts which are high-volume, low-cost components but carry high indirect costs. DX is headquartered in Grapevine, Texas and has an additional location in Houston.

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DX Electric raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.