McCarthy Electrical Construction Funding: How Much Did They Raise & Key Investors

How Much Did McCarthy Electrical Construction Raise?
Funding & Key Investors

McCarthy Electrical Construction has secured $72K in total financing, with a recent capital infusion of $72K designated for substantial expansion. This significant funding round, indicative of a Series B/C stage, underscores the company's robust growth trajectory and market position in the electrical services sector.

The company's latest financing event, occurring on January 27, 2021, was a debt facility amounting to $72M, provided by PPP. This strategic financial maneuver is poised to fuel further development and operational scaling.

What is McCarthy Electrical Construction?

McCarthy Electrical Construction

Construction

Construction Management

McCarthy Electrical Construction is a provider of comprehensive electrical solutions catering to both residential and commercial clientele. The company distinguishes itself through its team of experienced electricians who prioritize safety and client satisfaction. Services encompass routine maintenance, new installations, and emergency repair work, all delivered with a commitment to quality and expertise. McCarthy Electric aims to effectively illuminate spaces, building trust through reliable and expert customer care.

How much funding has McCarthy Electrical Construction raised?

McCarthy Electrical Construction has raised a total of $72K across 1 funding round:

2021

Debt

$72K

Debt (2021): $72K with participation from PPP

Key Investors in McCarthy Electrical Construction

PPP

Public-Private Partnership

What's next for McCarthy Electrical Construction?

With the recent substantial expansion capital, McCarthy Electrical Construction is strategically positioned for significant growth. The company is likely to leverage this investment to enhance its operational capacity, potentially expanding its service areas, investing in new technologies, or increasing its workforce to meet growing demand. This infusion of financing at a Series B/C stage suggests a focus on scaling operations and solidifying its market presence within the electrical construction industry.

See full McCarthy Electrical Construction company page

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Frequently Asked Questions Regarding McCarthy Electrical Construction Financial Insights

What are the most recent funding rounds that McCarthy Electrical Construction has completed, and what were the funding rounds?

McCarthy Electrical Construction has recently completed 1 funding rounds: Debt on Jan 27, 2021.

What is the total amount of funding McCarthy Electrical Construction has raised to date?

McCarthy Electrical Construction has raised a total of $72K in funding to date.

How many funding rounds has McCarthy Electrical Construction completed?

McCarthy Electrical Construction has completed 1 funding rounds.

How much funding did McCarthy Electrical Construction raise in its most recent funding round?

McCarthy Electrical Construction raised $72K in its most recent funding round.

Who are the lead investors in McCarthy Electrical Construction's latest funding round?

The lead investor in McCarthy Electrical Construction'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 McCarthy Electrical Construction's history?

The largest funding round in McCarthy Electrical Construction's history was $72K.

See more information about McCarthy Electrical Construction