How Much Did McDaniel-Whitley Raise?
Funding & Key Investors

McDaniel-Whitley, an independent insurance agency based in Memphis, TN, has secured $150K in total capital, with a recent major strategic investment of $150K. This significant backing underscores the company's established position in the market and its trajectory for further expansion. The latest funding round, occurring on 2020-04-08, was categorized as debt financing, indicating a strategic approach to capital management for growth initiatives.

What is McDaniel-Whitley?

McDaniel-Whitley operates as a specialized insurance agency, focusing on delivering tailored insurance solutions to both individual clients and businesses within the Memphis, Tennessee region. Their comprehensive service portfolio includes robust business coverage, specialized contractors insurance, and various surety bonds, all designed to mitigate financial risks and ensure adherence to regulatory mandates. The agency prides itself on a team of knowledgeable professionals dedicated to providing prompt service and identifying optimal insurance strategies that align with each client's unique requirements.

How much funding has McDaniel-Whitley raised?

McDaniel-Whitley has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in McDaniel-Whitley

PPP

Public-Private Partnership

What's next for McDaniel-Whitley?

The substantial large-scale, late-stage funding, coupled with the recent major strategic investment, positions McDaniel-Whitley for significant operational scaling and market penetration. This infusion of capital is likely to fuel advancements in their service offerings, potentially expanding their geographic reach or enhancing their digital capabilities to better serve a growing client base. The company's focus on personalized solutions and risk management suggests a strategic reinvestment into deepening client relationships and solidifying its reputation as a trusted insurance provider in the competitive landscape.

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Frequently Asked Questions Regarding McDaniel-Whitley Financial Insights

What are the most recent funding rounds that McDaniel-Whitley has completed, and what were the funding rounds?
McDaniel-Whitley has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding McDaniel-Whitley has raised to date?
McDaniel-Whitley has raised a total of $150K in funding to date.
How many funding rounds has McDaniel-Whitley completed?
McDaniel-Whitley has completed 1 funding rounds.
How much funding did McDaniel-Whitley raise in its most recent funding round?
McDaniel-Whitley raised $150K in its most recent funding round.
Who are the lead investors in McDaniel-Whitley's latest funding round?
The lead investor in McDaniel-Whitley'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 McDaniel-Whitley's history?
The largest funding round in McDaniel-Whitley's history was $150K.
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