How Much Did Matrix Mechanical Raise?
Funding & Key Investors

Matrix Mechanical has secured significant enterprise-level funding, with its total capital raised standing at $1.7M. The company recently announced a major strategic investment of $745K, underscoring its continued growth trajectory in the construction sector. This latest financing round follows previous debt financing, indicating a strategic shift or expansion phase for the organization.

What is Matrix Mechanical?

Matrix Mechanical
ConstructionConstruction Management

Matrix Mechanical Corp operates within the Commercial & Residential Construction industry, based in Long Island City, New York. The company, which employs between 20 to 49 individuals and generates between $5 million to $10 million in revenue, focuses on providing construction services. Its operational scope suggests a significant presence in its regional market, catering to both commercial and residential clients. The recent influx of capital is expected to bolster its capacity and market reach.

How much funding has Matrix Mechanical raised?

Matrix Mechanical has raised a total of $1.7M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$745K

Debt (2020): $1M with participation from PPP

Debt (2021): $745K led by PPP

What's next for Matrix Mechanical?

The substantial enterprise-level funding, coupled with the recent strategic investment, positions Matrix Mechanical for accelerated expansion and operational enhancement. This capital infusion is likely to support the company's strategic objectives, potentially including market penetration, technological adoption, or service diversification. As Matrix Mechanical moves forward, its ability to leverage this financial backing will be critical in solidifying its competitive advantage and achieving its long-term growth targets within the dynamic construction industry.

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Frequently Asked Questions Regarding Matrix Mechanical Financial Insights

What are the most recent funding rounds that Matrix Mechanical has completed, and what were the funding rounds?
Matrix Mechanical has recently completed 2 funding rounds: Debt on Feb 11, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Matrix Mechanical has raised to date?
Matrix Mechanical has raised a total of $1.7M in funding to date.
How many funding rounds has Matrix Mechanical completed?
Matrix Mechanical has completed 2 funding rounds.
How much funding did Matrix Mechanical raise in its most recent funding round?
Matrix Mechanical raised $745K in its most recent funding round.
Who are the lead investors in Matrix Mechanical's latest funding round?
The lead investor in Matrix Mechanical'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 Matrix Mechanical's history?
The largest funding round in Matrix Mechanical's history was $1M.
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