How Much Did MD Electrical Raise?
Funding & Key Investors

MD Electrical has secured $64K in total funding, with its most recent capital infusion of $64K designated as substantial expansion capital. This recent financing round, occurring on January 23, 2021, signifies a critical juncture for the Kitsap, WA-based electrical contractor, aligning with a significant Series B/C stage of growth.

What is MD Electrical?

MD Electrical
ConstructionConstruction ManagementConsumer Services

MD Electrical LLC operates as a professional electrical contractor serving homeowners and business owners in Kitsap and surrounding areas. The company specializes in a comprehensive suite of electrical services, including system construction, remodeling, upgrades, troubleshooting, and generator installations. Their commitment is to deliver quality service and expertise, ensuring safety and reliability across all electrical projects. The company's operational focus is on providing robust electrical solutions for its client base.

How much funding has MD Electrical raised?

MD Electrical has raised a total of $64K across 1 funding round:

2021

Debt

$64K

Debt (2021): $64K with participation from PPP

Key Investors in MD Electrical

PPP

Public-Private Partnership

What's next for MD Electrical?

The substantial expansion capital secured by MD Electrical, indicative of a Series B/C stage, suggests a strategic push towards scaling operations and potentially broadening its service area or technological capabilities. This investment is likely earmarked for enhancing infrastructure, expanding the skilled workforce, and possibly integrating advanced electrical solutions to meet growing market demand. The company is poised for accelerated development and market penetration, leveraging this financing to solidify its position as a leading electrical service provider.

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Frequently Asked Questions Regarding MD Electrical Financial Insights

What are the most recent funding rounds that MD Electrical has completed, and what were the funding rounds?
MD Electrical has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding MD Electrical has raised to date?
MD Electrical has raised a total of $64K in funding to date.
How many funding rounds has MD Electrical completed?
MD Electrical has completed 1 funding rounds.
How much funding did MD Electrical raise in its most recent funding round?
MD Electrical raised $64K in its most recent funding round.
Who are the lead investors in MD Electrical's latest funding round?
The lead investor in MD 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 MD Electrical's history?
The largest funding round in MD Electrical's history was $64K.
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