How Much Did JMAC Electric Raise?
Funding & Key Investors

JMAC Electric has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This latest infusion of capital signals a significant milestone for the Tucson-based electrical contractor, underscoring its robust growth trajectory and market position. The company's consistent ability to attract substantial backing highlights its operational strength and future potential in the competitive electrical services sector.

What is JMAC Electric?

JMAC Electric
ConstructionConstruction Management

JMAC Electric, LLC is a family-owned enterprise operating out of Tucson, Arizona, with a comprehensive service offering that spans residential, commercial, and industrial electrical projects. The company has established a strong reputation for executing a diverse array of electrical contracts, including significant undertakings for local government entities. Their expertise extends to solar energy solutions, positioning them to capitalize on the growing demand for renewable energy infrastructure. With a dedicated team adept at managing everything from routine repairs to intricate installations, JMAC Electric is committed to delivering high-quality service and maintains a 24/7 emergency service availability, further enhanced by special discounts for first responders and military personnel.

How much funding has JMAC Electric raised?

JMAC Electric has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in JMAC Electric

PPP

Public-Private Partnership

What's next for JMAC Electric?

The substantial backing, particularly the recent strategic investment, positions JMAC Electric for an accelerated phase of growth and operational expansion. This capital infusion is likely to be directed towards enhancing service capabilities, potentially expanding geographic reach, and investing in advanced technologies to further solidify its market leadership. The company's focus on diverse electrical services, including solar energy, aligns well with current market trends and regulatory incentives, suggesting a strategic direction aimed at capturing a larger share of both traditional and emerging energy markets. This funding round is a clear indicator of investor confidence in JMAC Electric's business model and its capacity to scale effectively.

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Frequently Asked Questions Regarding JMAC Electric Financial Insights

What are the most recent funding rounds that JMAC Electric has completed, and what were the funding rounds?
JMAC Electric has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding JMAC Electric has raised to date?
JMAC Electric has raised a total of $150K in funding to date.
How many funding rounds has JMAC Electric completed?
JMAC Electric has completed 1 funding rounds.
How much funding did JMAC Electric raise in its most recent funding round?
JMAC Electric raised $150K in its most recent funding round.
Who are the lead investors in JMAC Electric's latest funding round?
The lead investor in JMAC Electric's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in JMAC Electric's history?
The largest funding round in JMAC Electric's history was $150K.
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