How Much Did Magic Carpet Raise?
Funding & Key Investors

Magic Carpet has secured $28K in total financing, with its most recent funding round bringing in $28K in substantial expansion capital. This significant Series B/C stage investment underscores the company's established presence and growth trajectory in the flooring installation market.

What is Magic Carpet?

Magic Carpet
ConstructionConstruction ManagementConsumer Services

Magic Carpet is a family-owned flooring installation business with over 35 years of experience serving Southern California. The company offers a wide array of premium flooring options, including hardwood, vinyl planks, and carpet, prioritizing quality craftsmanship and customer satisfaction. Their professional installation services aim to provide a seamless experience for residential and commercial clients. Magic Carpet also demonstrates a commitment to sustainability through its participation in the CARE Carpet Recycling Program.

How much funding has Magic Carpet raised?

Magic Carpet has raised a total of $28K across 1 funding round:

2021

Debt

$28K

Debt (2021): $28K with participation from PPP

What's next for Magic Carpet?

The substantial expansion capital secured by Magic Carpet, indicated by its significant Series B/C stage funding context, suggests a strategic push towards scaling operations, potentially expanding its service area, enhancing its product offerings, or investing in new technologies. This financing will likely fuel further growth and solidify its market position as a leading flooring solutions provider in Southern California. The company's long-standing history and focus on quality position it well for continued success and market penetration.

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Frequently Asked Questions Regarding Magic Carpet Financial Insights

What are the most recent funding rounds that Magic Carpet has completed, and what were the funding rounds?
Magic Carpet has recently completed 1 funding rounds: Debt on Mar 13, 2021.
What is the total amount of funding Magic Carpet has raised to date?
Magic Carpet has raised a total of $28K in funding to date.
How many funding rounds has Magic Carpet completed?
Magic Carpet has completed 1 funding rounds.
How much funding did Magic Carpet raise in its most recent funding round?
Magic Carpet raised $28K in its most recent funding round.
Who are the lead investors in Magic Carpet's latest funding round?
The lead investor in Magic Carpet'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 Magic Carpet's history?
The largest funding round in Magic Carpet's history was $28K.
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