How Much Did McDonell Electric Raise?
Funding & Key Investors

McDonell Electric has secured significant capital, with its total funding reaching $350K. The company recently announced a major strategic investment of $350K, underscoring its position in the market. This latest round of financing marks a critical juncture for the California-based electrical services provider, signaling a period of accelerated growth and operational expansion.

What is McDonell Electric?

McDonell Electric
ConstructionConstruction Management

McDonell Electric, Inc. is a comprehensive electrical contractor established in 2002 and headquartered in California. The firm specializes in a broad spectrum of electrical services, encompassing industrial, commercial, solar, and residential projects. Committed to adhering to National Electrical Code Requirements, McDonell Electric offers end-to-end solutions including electrical design, installation, maintenance, and troubleshooting. Their dedication to quality craftsmanship and reliability has cemented their status as a trusted partner for diverse electrical needs.

How much funding has McDonell Electric raised?

McDonell Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for McDonell Electric?

The recent large-scale, late-stage funding infusion positions McDonell Electric for substantial development. This strategic capital is expected to fuel the company's expansion into new markets, enhance its service capabilities, and potentially drive technological advancements in its offerings. The major strategic investment suggests confidence from backers in McDonell Electric's long-term vision and its capacity to scale operations effectively within the competitive electrical services sector.

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Frequently Asked Questions Regarding McDonell Electric Financial Insights

What are the most recent funding rounds that McDonell Electric has completed, and what were the funding rounds?
McDonell Electric has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding McDonell Electric has raised to date?
McDonell Electric has raised a total of $350K in funding to date.
How many funding rounds has McDonell Electric completed?
McDonell Electric has completed 1 funding rounds.
How much funding did McDonell Electric raise in its most recent funding round?
McDonell Electric raised $350K in its most recent funding round.
Who are the lead investors in McDonell Electric's latest funding round?
The lead investor in McDonell 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 McDonell Electric's history?
The largest funding round in McDonell Electric's history was $350K.
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