How Much Did Mgm Insulation Raise?
Funding & Key Investors

MGM Insulation has secured major enterprise-level funding, with its total capital raised reaching $817K. The company recently announced a significant strategic investment, bringing in $467K on March 25, 2021. This latest round of financing underscores the company's established presence and growth trajectory in the specialized construction services sector.

What is Mgm Insulation?

Mgm Insulation
ConstructionConstruction Management

MGM Insulation is a New York State Certified Minority Business Enterprise specializing in a comprehensive suite of commercial construction services. Their expertise spans commercial insulation, fire stopping, asbestos abatement, painting, caulking, and demolition. Operating across the North-East, from Albany to Pittsburgh, MGM Insulation provides tailored solutions for a diverse range of commercial and industrial projects. The company's commitment to quality and safety has positioned it as a trusted partner for contractors seeking reliable and thorough construction support.

How much funding has Mgm Insulation raised?

Mgm Insulation has raised a total of $817K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$467K

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

Debt (2021): $467K led by PPP

What's next for Mgm Insulation?

The recent major strategic investment signals a period of potential expansion and enhanced service delivery for MGM Insulation. With a solid foundation in specialized construction services and a broad operational reach across the North-East, this capital infusion is likely to fuel further development in their capabilities, potentially enabling them to take on larger-scale projects or expand their service offerings. The company's focus on essential services like insulation and abatement, coupled with its minority-owned business status, positions it favorably for continued growth and market penetration.

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Frequently Asked Questions Regarding Mgm Insulation Financial Insights

What are the most recent funding rounds that Mgm Insulation has completed, and what were the funding rounds?
Mgm Insulation has recently completed 2 funding rounds: Debt on Mar 25, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Mgm Insulation has raised to date?
Mgm Insulation has raised a total of $817K in funding to date.
How many funding rounds has Mgm Insulation completed?
Mgm Insulation has completed 2 funding rounds.
How much funding did Mgm Insulation raise in its most recent funding round?
Mgm Insulation raised $467K in its most recent funding round.
Who are the lead investors in Mgm Insulation's latest funding round?
The lead investor in Mgm Insulation'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 Mgm Insulation's history?
The largest funding round in Mgm Insulation's history was $467K.
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