How Much Did Mid State Raise?
Funding & Key Investors

Mid State, a cornerstone of the North Central Florida electrical contracting sector, has successfully secured a major strategic investment, bringing its total capital accumulation to $350K. This latest injection of $350K underscores the firm's robust market position and its capacity to scale operations within the competitive industrial and commercial infrastructure landscape. By leveraging this financial backing, the company is well-positioned to enhance its service delivery capabilities across its diverse client base.

What is Mid State?

Mid State
ConstructionConstruction Management

Established in 1973, Mid State Inc. has evolved from a regional service provider into a comprehensive electrical contractor. The firm specializes in complex electrical installations for commercial, industrial, and residential sectors. With over five decades of operational history, the company maintains a significant footprint in Gainesville, Florida, where it is recognized for technical reliability and adherence to rigorous safety standards. Their market position is defined by a long-standing reputation for high-quality engineering and project management, serving as a critical partner for large-scale infrastructure developments in the region.

How much funding has Mid State raised?

Mid State has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Mid State

PPP

Public-Private Partnership

What's next for Mid State?

With the recent infusion of capital, Mid State is poised to transition into a new phase of operational expansion. The strategic focus will likely center on upgrading internal technical infrastructure and potentially broadening its service territory to capture emerging demand in the Florida construction market. As the company navigates this late-stage growth trajectory, the emphasis will remain on maintaining the operational excellence that has defined its brand for over fifty years, while simultaneously integrating modern electrical technologies to meet the evolving needs of industrial clients.

See full Mid State company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Architecture, Engineering & DesignConstruction
Construction ManagementConstruction
Civil Engineering ConstructionConstruction
Construction ManagementConstructionConsumer ServicesRepair Services

Frequently Asked Questions Regarding Mid State Financial Insights

What are the most recent funding rounds that Mid State has completed, and what were the funding rounds?
Mid State has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Mid State has raised to date?
Mid State has raised a total of $350K in funding to date.
How many funding rounds has Mid State completed?
Mid State has completed 1 funding rounds.
How much funding did Mid State raise in its most recent funding round?
Mid State raised $350K in its most recent funding round.
Who are the lead investors in Mid State's latest funding round?
The lead investor in Mid State'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 Mid State's history?
The largest funding round in Mid State's history was $350K.
See more information about Mid State