How Much Did McCarter Electrical Raise?
Funding & Key Investors

McCarter Electrical has secured $2.2M in total capital, with its most recent financing round bringing in $1.2M. This major strategic investment underscores the company's significant enterprise-level funding trajectory, positioning it for continued expansion in the industrial services sector.

What is McCarter Electrical?

McCarter Electrical
ConstructionConstruction Management

McCarter Electrical Company, a family-owned and operated multi-trade firm headquartered in Laurinburg, NC, specializes in providing comprehensive electrical, process piping, and mechanical services. Serving a broad industrial client base across North and South Carolina, the company caters to demanding sectors including food and beverage, pharmaceuticals, and military operations. A strong emphasis on repeat business highlights McCarter's commitment to client satisfaction and service excellence. As a Woman-Owned Business Entity, the firm prioritizes employee well-being and operational safety, leveraging a skilled workforce to meet intricate client requirements.

How much funding has McCarter Electrical raised?

McCarter Electrical has raised a total of $2.2M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.2M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.2M led by PPP

Key Investors in McCarter Electrical

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for McCarter Electrical?

The substantial enterprise-level funding indicates McCarter Electrical is poised for strategic growth and operational enhancement. This capital infusion is likely to support the expansion of its service capabilities, geographic reach, and technological adoption within the industrial services market. The company's focus on safety and employee satisfaction, coupled with its established reputation for quality, positions it favorably to capitalize on new opportunities and strengthen its market presence.

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Frequently Asked Questions Regarding McCarter Electrical Financial Insights

What are the most recent funding rounds that McCarter Electrical has completed, and what were the funding rounds?
McCarter Electrical has recently completed 2 funding rounds: Debt on Feb 24, 2021, Debt on Apr 14, 2020.
What is the total amount of funding McCarter Electrical has raised to date?
McCarter Electrical has raised a total of $2.2M in funding to date.
How many funding rounds has McCarter Electrical completed?
McCarter Electrical has completed 2 funding rounds.
How much funding did McCarter Electrical raise in its most recent funding round?
McCarter Electrical raised $1.2M in its most recent funding round.
Who are the lead investors in McCarter Electrical's latest funding round?
The lead investor in McCarter Electrical'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 McCarter Electrical's history?
The largest funding round in McCarter Electrical's history was $1.2M.
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