How Much Did Michael J Looney Raise?
Funding & Key Investors

Michael J Looney Inc has successfully secured a significant capital injection, marking a pivotal moment in its long-standing operational history. With a total funding accumulation of $350K, the firm continues to solidify its market position through this $350K major strategic investment. This influx of liquidity underscores the company's resilience and its capacity to maintain high-level service standards within the competitive electrical contracting sector.

The recent financing round, finalized on April 14, 2020, serves as a testament to the firm's enduring relevance in the Englewood, Florida market. By leveraging this capital, the organization is well-positioned to enhance its service delivery models and expand its footprint in both residential and commercial electrical infrastructure projects.

What is Michael J Looney?

Michael J Looney
Consumer ServicesRepair Services

Michael J Looney Inc operates as a comprehensive electrical contractor, providing a diverse suite of services ranging from new installations to complex repairs. With over four decades of industry experience, the company has established itself as a cornerstone of local infrastructure, specializing in critical areas such as generator maintenance, fire alarm systems, and utility pole setting. Their business model is built upon a foundation of reliability and customer-centric value propositions, including price matching and veteran-focused incentives.

The company's market position is defined by its technical versatility and commitment to safety-critical electrical work. By integrating traditional contracting expertise with modern maintenance requirements, Michael J Looney Inc effectively bridges the gap between routine residential needs and large-scale commercial electrical demands, ensuring consistent operational performance across all client segments.

How much funding has Michael J Looney raised?

Michael J Looney has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Michael J Looney

PPP

Public-Private Partnership

What's next for Michael J Looney?

Looking ahead, the strategic deployment of this late-stage funding will likely focus on scaling operational capacity and upgrading technical infrastructure to meet evolving safety standards. As the firm navigates the complexities of the current economic landscape, the focus remains on optimizing service efficiency and expanding its reach within the regional market. The capital provides the necessary runway to invest in advanced diagnostic tools and workforce development, ensuring that the company remains at the forefront of electrical safety and installation technology.

Furthermore, the firm is expected to leverage its established reputation to capture a larger share of the commercial sector, where demand for robust fire alarm and power backup systems continues to rise. By maintaining its commitment to quality and reliability, Michael J Looney Inc is poised to sustain its growth trajectory and reinforce its status as a trusted provider of essential electrical services.

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Frequently Asked Questions Regarding Michael J Looney Financial Insights

What are the most recent funding rounds that Michael J Looney has completed, and what were the funding rounds?
Michael J Looney has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Michael J Looney has raised to date?
Michael J Looney has raised a total of $350K in funding to date.
How many funding rounds has Michael J Looney completed?
Michael J Looney has completed 1 funding rounds.
How much funding did Michael J Looney raise in its most recent funding round?
Michael J Looney raised $350K in its most recent funding round.
Who are the lead investors in Michael J Looney's latest funding round?
The lead investor in Michael J Looney'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 Michael J Looney's history?
The largest funding round in Michael J Looney's history was $350K.
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