How Much Did Mayday Avionics Raise?
Funding & Key Investors

Mayday Avionics, a long-standing leader in avionics installation and service since 1972, has secured significant capital, with its total funding reaching $409K. The company recently announced a major strategic investment of $259K, underscoring its robust position in the aviation maintenance sector. This latest financing round signals a period of strategic growth and operational enhancement for the Grand Rapids, MI-based firm.

What is Mayday Avionics?

Mayday Avionics
Consumer ServicesRepair ServicesAutomotive Service & Collision Repair

Mayday Avionics specializes in comprehensive avionics solutions, offering custom installations, expert troubleshooting for autopilots and instruments, and reliable repair services across various aircraft classes. Bolstered by a team of highly experienced, FAA-certified technicians, the company prioritizes exceptional customer service and first-time correct service to minimize aircraft downtime and elevate flight safety. Their client base consists of aircraft owners and operators who depend on Mayday Avionics for dependable avionics support.

How much funding has Mayday Avionics raised?

Mayday Avionics has raised a total of $409K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$259K

Debt (2020): $150K with participation from PPP

Debt (2021): $259K led by PPP

Key Investors in Mayday Avionics

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Mayday Avionics?

The substantial late-stage funding, indicated by the 'large-scale late-stage funding' context, suggests Mayday Avionics is poised for significant expansion. This capital injection is likely to fuel advancements in technology, service capabilities, and potentially geographic reach. The strategic investment will enable the company to further solidify its market leadership, enhance its service offerings, and capitalize on emerging opportunities within the aviation industry, ensuring continued operational excellence and safety for its clientele.

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Frequently Asked Questions Regarding Mayday Avionics Financial Insights

What are the most recent funding rounds that Mayday Avionics has completed, and what were the funding rounds?
Mayday Avionics has recently completed 2 funding rounds: Debt on Jan 16, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Mayday Avionics has raised to date?
Mayday Avionics has raised a total of $409K in funding to date.
How many funding rounds has Mayday Avionics completed?
Mayday Avionics has completed 2 funding rounds.
How much funding did Mayday Avionics raise in its most recent funding round?
Mayday Avionics raised $259K in its most recent funding round.
Who are the lead investors in Mayday Avionics's latest funding round?
The lead investor in Mayday Avionics'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 Mayday Avionics's history?
The largest funding round in Mayday Avionics's history was $259K.
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