What is Magic Touch Mechanical?
Magic Touch Mechanical stands as a prominent provider of energy efficiency auditing services in Arizona, holding approvals from key utility providers including SRP, APS, and Southwest Gas. Beyond auditing, the company offers comprehensive solutions for home comfort, efficiency, and air quality. Their service portfolio encompasses insulation and radiant barrier installation, duct leak testing and sealing, window shade screen (sun screen) application, and home leak testing and sealing. Additionally, Magic Touch Mechanical addresses specialized needs such as pool heater repair, fireplace and fire pit repair and upgrades, air cleaner and purifier services, and home automation integration.
How much funding has Magic Touch Mechanical raised?
Magic Touch Mechanical has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Magic Touch Mechanical
PPP
Public-Private Partnership
What's next for Magic Touch Mechanical?
The substantial late-stage funding, including the recent strategic investment, positions Magic Touch Mechanical for accelerated expansion and enhanced service delivery. This capital infusion is expected to fuel advancements in their energy efficiency solutions and home repair capabilities, potentially enabling broader market penetration and the development of new service offerings. The company's focus on integrated home comfort and efficiency repairs, coupled with its established utility partnerships, provides a strong foundation for future growth and innovation in the competitive home services sector.
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