How Much Did Magic Exterminating Raise?
Funding & Key Investors

Magic Exterminating has successfully secured a significant capital injection, bringing its total funding to $350K. This latest round, characterized by a $350K strategic investment, underscores the company's enduring relevance in the competitive urban sanitation sector. By leveraging this influx of financing, the firm aims to solidify its market presence across Manhattan and Queens, reinforcing its long-standing reputation for operational excellence in pest management.

What is Magic Exterminating?

Magic Exterminating
Consumer ServicesLandscape ServicesRepair Services

Established in 1960, Magic Exterminating has evolved into a cornerstone of the New York metropolitan area's facility maintenance ecosystem. The company provides a comprehensive suite of pest control solutions, catering to a diverse portfolio of residential and commercial clients. By integrating traditional exclusion methods with modern, technology-driven removal strategies, the firm addresses the complex sanitation requirements of high-density urban environments. Their market position is defined by over six decades of institutional knowledge, allowing them to offer customized, high-efficacy plans that property managers and homeowners rely on for long-term pest prevention.

How much funding has Magic Exterminating raised?

Magic Exterminating has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Magic Exterminating

PPP

Public-Private Partnership

What's next for Magic Exterminating?

With the successful closure of this late-stage financing, Magic Exterminating is positioned to accelerate its growth trajectory through technological modernization and service expansion. The strategic allocation of this capital will likely focus on enhancing digital monitoring capabilities and scaling their commercial service division to meet the rising demand for integrated facility management. As the company navigates the complexities of the modern urban landscape, this investment serves as a catalyst for operational efficiency, ensuring that their service delivery remains at the forefront of the industry while maintaining the high standards of reliability that have defined their brand for over 60 years.

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Frequently Asked Questions Regarding Magic Exterminating Financial Insights

What are the most recent funding rounds that Magic Exterminating has completed, and what were the funding rounds?
Magic Exterminating has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Magic Exterminating has raised to date?
Magic Exterminating has raised a total of $350K in funding to date.
How many funding rounds has Magic Exterminating completed?
Magic Exterminating has completed 1 funding rounds.
How much funding did Magic Exterminating raise in its most recent funding round?
Magic Exterminating raised $350K in its most recent funding round.
Who are the lead investors in Magic Exterminating's latest funding round?
The lead investor in Magic Exterminating'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 Exterminating's history?
The largest funding round in Magic Exterminating's history was $350K.
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