What is Matrix Mechanical?
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:
Debt
$1M
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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