What is Deca?
Deca Incorporated, an electrical contractor established in 1967 and based in Baltimore, Maryland, specializes in industrial and commercial power and control installation and repair services. Their expertise spans high, medium, and low voltage wiring, lighting, pneumatic controls, and HVAC systems. The company is recognized for its prompt service and high-quality installations, serving prominent clients such as Johns Hopkins Hospital and the U.S. Naval Academy.
How much funding has Deca raised?
Deca has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
What's next for Deca?
The recent major strategic investment indicates a phase of significant expansion or operational enhancement for Deca. This capital infusion is likely to fuel further development in their specialized electrical services, potentially enabling the company to undertake larger-scale projects, expand their geographic reach, or invest in advanced technologies to maintain their competitive edge in the enterprise-level market. The company's long history and established client base provide a strong foundation for leveraging this new financing.
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