What is Matrix Mechanical?
Matrix Mechanical operates within the Commercial & Residential Construction industry, a sector characterized by its demand for robust operational capabilities and strategic project management. The company, headquartered in Long Island City, New York, employs between 20 to 49 individuals and reports revenues in the range of $5M to $10M. Its focus on both commercial and residential construction suggests a diversified business model capable of adapting to various market demands.
How much funding has Matrix Mechanical raised?
Matrix Mechanical has raised a total of $1.7M across 2 funding rounds:
Debt
$1M
Debt
$745K
Debt (2020): $1M with participation from PPP
Debt (2021): $745K led by PPP
What's next for Matrix Mechanical?
The recent major strategic investment indicates a pivotal moment for Matrix Mechanical, likely signaling a phase of accelerated expansion, technological integration, or market penetration. This influx of capital, coupled with the company's established presence in the construction industry, positions it for enhanced growth and operational scaling. Future developments may involve expanding service offerings, entering new geographic markets, or investing in advanced construction technologies to maintain a competitive edge.
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