How Much Did MC Electric Raise?
Funding & Key Investors

MC Electric, a long-standing provider of electrical solutions in the Gulf South, has secured $305K in total funding, with a recent strategic investment of $305K in February 2021. This significant capital infusion, categorized as debt financing, underscores the company's established position and ongoing operational needs within the industrial sector.

What is MC Electric?

MC Electric
Consumer ServicesRepair ServicesConstruction Management

M.C. Electric, L.L.C. has been a cornerstone of electrical services in the Gulf South region since 1963. The company offers comprehensive electrical solutions, including specialized motor repair, construction, maintenance, and troubleshooting. As an authorized G.E. repair shop with expertise in AC/DC Top Drive motor repair and sales, and holding ISO certification, M.C. Electric is committed to upholding rigorous standards of integrity and ethical conduct. Their client base comprises businesses and industries reliant on dependable electrical services and repairs, positioning them as a critical infrastructure support entity.

How much funding has MC Electric raised?

MC Electric has raised a total of $305K across 1 funding round:

2021

Debt

$305K

Debt (2021): $305K with participation from PPP

Key Investors in MC Electric

PPP

Public-Private Partnership

What's next for MC Electric?

The substantial late-stage funding, particularly the recent strategic investment, suggests MC Electric is poised for continued operational scaling and potentially expanding its service capabilities or geographic reach. As a company with decades of experience and a focus on essential industrial services, this capital likely supports infrastructure upgrades, fleet modernization, or enhanced capacity to meet the demands of the Gulf South's industrial landscape. The debt financing indicates a strategic approach to leveraging financial instruments for sustained growth and operational resilience.

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Frequently Asked Questions Regarding MC Electric Financial Insights

What are the most recent funding rounds that MC Electric has completed, and what were the funding rounds?
MC Electric has recently completed 1 funding rounds: Debt on Feb 5, 2021.
What is the total amount of funding MC Electric has raised to date?
MC Electric has raised a total of $305K in funding to date.
How many funding rounds has MC Electric completed?
MC Electric has completed 1 funding rounds.
How much funding did MC Electric raise in its most recent funding round?
MC Electric raised $305K in its most recent funding round.
Who are the lead investors in MC Electric's latest funding round?
The lead investor in MC 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 MC Electric's history?
The largest funding round in MC Electric's history was $305K.
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