How Much Did Magic Touch Contracting Raise?
Funding & Key Investors

Magic Touch Contracting has successfully secured a significant capital injection, bringing its total funding to $88K. This latest financing round, which contributed $88K in substantial expansion capital, underscores the firm's robust growth trajectory within the competitive residential renovation sector. By leveraging this influx of resources, the company is well-positioned to scale its operations and solidify its market presence as a premier provider of high-end home improvement services.

What is Magic Touch Contracting?

Magic Touch Contracting
ConstructionConstruction Management

Based in Long Island, Magic Touch Contracting operates as a specialized entity in the kitchen and bathroom remodeling industry. With a legacy spanning over four decades, the firm has cultivated a reputation for delivering comprehensive home renovations and bespoke design solutions. The company maintains a physical showroom in Port Jefferson Station, which serves as a critical touchpoint for client engagement and project visualization. Their business model integrates traditional craftsmanship with modern design trends, ensuring that each project meets rigorous standards of quality and aesthetic precision. As a family-owned enterprise, they have successfully navigated the complexities of the construction market, transitioning from a local service provider to a scalable organization capable of managing large-scale residential upgrades.

How much funding has Magic Touch Contracting raised?

Magic Touch Contracting has raised a total of $88K across 1 funding round:

2021

Debt

$88K

Debt (2021): $88K with participation from PPP

Key Investors in Magic Touch Contracting

PPP

Public-Private Partnership

What's next for Magic Touch Contracting?

With the recent infusion of capital, Magic Touch Contracting is poised to accelerate its strategic expansion initiatives. The firm is expected to focus on enhancing its operational capacity, potentially through the modernization of its showroom facilities and the integration of advanced project management technologies. By optimizing its supply chain and expanding its service footprint across the Long Island region, the company aims to capture a larger share of the residential remodeling market. Future growth will likely be driven by a combination of increased marketing efforts and the scaling of its specialized design team, ensuring that the firm remains at the forefront of the home improvement industry while maintaining the high-quality workmanship that has defined its four-decade history.

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Frequently Asked Questions Regarding Magic Touch Contracting Financial Insights

What are the most recent funding rounds that Magic Touch Contracting has completed, and what were the funding rounds?
Magic Touch Contracting has recently completed 1 funding rounds: Debt on Mar 6, 2021.
What is the total amount of funding Magic Touch Contracting has raised to date?
Magic Touch Contracting has raised a total of $88K in funding to date.
How many funding rounds has Magic Touch Contracting completed?
Magic Touch Contracting has completed 1 funding rounds.
How much funding did Magic Touch Contracting raise in its most recent funding round?
Magic Touch Contracting raised $88K in its most recent funding round.
Who are the lead investors in Magic Touch Contracting's latest funding round?
The lead investor in Magic Touch Contracting'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 Touch Contracting's history?
The largest funding round in Magic Touch Contracting's history was $88K.
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