How Much Did MBI Plus Electric Raise?
Funding & Key Investors

MBI Plus Electric has secured $60K in recent expansion capital, contributing to a total funding amount of $60K. This financing round underscores the company's strategic growth phase, positioning it for further development in the competitive electrical services market.

What is MBI Plus Electric?

MBI Plus Electric
ConstructionConstruction Management

MBI Plus Electric, Inc. is a provider of comprehensive electrical services catering to both residential and commercial clients in East Hampton, NY. The company's offerings span smart home installations, security systems, landscape lighting, and security camera deployment. MBI Plus Electric emphasizes reliability and professionalism, backing its services with a two-year labor warranty and offering 24-hour emergency support. Their commitment to quality workmanship is delivered by trained and certified electricians, targeting homeowners and businesses within East Hampton and its surrounding regions.

How much funding has MBI Plus Electric raised?

MBI Plus Electric has raised a total of $60K across 1 funding round:

2021

Debt

$60K

Debt (2021): $60K with participation from PPP

Key Investors in MBI Plus Electric

PPP

Public-Private Partnership

What's next for MBI Plus Electric?

With the recent influx of substantial expansion capital, MBI Plus Electric is poised to scale its operations and potentially broaden its service area or enhance its technological capabilities. The company's focus on smart home technology and security systems aligns with current market trends, suggesting a strategic direction towards innovation and integrated solutions. This investment will likely fuel initiatives aimed at increasing market share, improving service delivery efficiency, and reinforcing its brand as a trusted electrical service provider in its operational locale.

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Frequently Asked Questions Regarding MBI Plus Electric Financial Insights

What are the most recent funding rounds that MBI Plus Electric has completed, and what were the funding rounds?
MBI Plus Electric has recently completed 1 funding rounds: Debt on Mar 27, 2021.
What is the total amount of funding MBI Plus Electric has raised to date?
MBI Plus Electric has raised a total of $60K in funding to date.
How many funding rounds has MBI Plus Electric completed?
MBI Plus Electric has completed 1 funding rounds.
How much funding did MBI Plus Electric raise in its most recent funding round?
MBI Plus Electric raised $60K in its most recent funding round.
Who are the lead investors in MBI Plus Electric's latest funding round?
The lead investor in MBI Plus Electric'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 MBI Plus Electric's history?
The largest funding round in MBI Plus Electric's history was $60K.
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