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

Mega Electrical Construction has secured significant capital, with its total funding reaching $278K. The company recently announced a $278K investment, marking a major strategic investment as it operates within the large-scale late-stage funding environment. This latest financing round underscores the company's established presence and its trajectory for continued growth in the electrical contracting sector.

What is Mega Electrical Construction?

Mega Electrical Construction
ConstructionConstruction Management

Mega Electrical Construction Corp. is a comprehensive electrical contractor established in 1980, serving Woodbury, Syosset, and surrounding regions. The firm offers a broad spectrum of electrical services, encompassing residential and commercial projects, generator installations, and low-voltage solutions. Their team of certified electricians provides round-the-clock emergency repair services, alongside expertise in lighting, general electrical repairs, and new construction electrical work. Mega Electrical Construction operates with full insurance and bonding, ensuring adherence to all relevant regulatory codes for both residential and commercial properties.

How much funding has Mega Electrical Construction raised?

Mega Electrical Construction has raised a total of $278K across 1 funding round:

2021

Debt

$278K

Debt (2021): $278K with participation from PPP

What's next for Mega Electrical Construction?

With the recent influx of capital, Mega Electrical Construction is poised for significant expansion and operational enhancement. The large-scale, late-stage funding suggests a strategic focus on scaling its service capabilities, potentially through geographic expansion, technology adoption, or increasing its workforce to meet growing demand. This investment will likely enable the company to pursue larger commercial contracts and further solidify its market position as a leading electrical service provider in its operational areas. The company's long-standing history and commitment to comprehensive service offerings provide a strong foundation for leveraging this new financing to achieve its next phase of growth.

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Frequently Asked Questions Regarding Mega Electrical Construction Financial Insights

What are the most recent funding rounds that Mega Electrical Construction has completed, and what were the funding rounds?
Mega Electrical Construction has recently completed 1 funding rounds: Debt on Mar 13, 2021.
What is the total amount of funding Mega Electrical Construction has raised to date?
Mega Electrical Construction has raised a total of $278K in funding to date.
How many funding rounds has Mega Electrical Construction completed?
Mega Electrical Construction has completed 1 funding rounds.
How much funding did Mega Electrical Construction raise in its most recent funding round?
Mega Electrical Construction raised $278K in its most recent funding round.
Who are the lead investors in Mega Electrical Construction's latest funding round?
The lead investor in Mega 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 Mega Electrical Construction's history?
The largest funding round in Mega Electrical Construction's history was $278K.
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