How Much Did Magic Construction Raise?
Funding & Key Investors

Magic Construction has secured $150K in total capital, with its most recent financing round bringing in $150K. This large-scale, late-stage funding event underscores the company's established market presence and its trajectory for continued expansion in the property restoration sector. The recent strategic investment signals confidence from backers in Magic Construction's operational model and future growth potential.

What is Magic Construction?

Magic Construction
ConstructionConstruction Management

Magic Construction, established in 2006, is a full-service professional restoration company catering to both residential and commercial properties. The firm specializes in mitigating and restoring damage caused by smoke, fire, wind, mold, and water. A key aspect of their operational strategy involves direct collaboration with all insurance carriers to streamline the claims and restoration process, ensuring efficient and skilled workmanship. The company is locally owned and operated in the Des Moines area, emphasizing strong community ties and customer service excellence. Their project estimators are trained in utilizing up-to-date technology for insurance carrier interaction, and supervisors are lead-safe certified, overseeing projects with professional management and clear communication. The production staff comprises experienced, certified technicians in drywall, finishing, painting, and demolition.

How much funding has Magic Construction raised?

Magic Construction has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Magic Construction

PPP

Public-Private Partnership

What's next for Magic Construction?

With its recent strategic investment, Magic Construction is poised for significant scaling and operational enhancement. The company's focus on disaster recovery and its established relationships with insurance providers position it favorably within a critical service industry. Future initiatives are likely to involve expanding service areas, investing in advanced restoration technologies, and potentially broadening its service offerings to address a wider spectrum of property damage scenarios. This capital infusion will support efforts to solidify its market leadership and enhance its capacity to handle larger, more complex restoration projects, reinforcing its commitment to quality and customer satisfaction.

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Frequently Asked Questions Regarding Magic Construction Financial Insights

What are the most recent funding rounds that Magic Construction has completed, and what were the funding rounds?
Magic Construction has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding Magic Construction has raised to date?
Magic Construction has raised a total of $150K in funding to date.
How many funding rounds has Magic Construction completed?
Magic Construction has completed 1 funding rounds.
How much funding did Magic Construction raise in its most recent funding round?
Magic Construction raised $150K in its most recent funding round.
Who are the lead investors in Magic Construction's latest funding round?
The lead investor in Magic Construction'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 Construction's history?
The largest funding round in Magic Construction's history was $150K.
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