What is Mid State?
Mid State Inc. is a well-established electrical contractor headquartered in Gainesville, Florida, with operations dating back to 1973. The company specializes in providing comprehensive electrical services tailored for commercial, industrial, and residential clients across the north central Florida region. Renowned for its commitment to high-quality workmanship and client satisfaction, Mid State Inc. offers expertise across all facets of electrical system installation, maintenance, and repair, positioning itself as a reliable partner in the regional construction and infrastructure sector.
How much funding has Mid State raised?
Mid State has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Mid State?
The substantial late-stage funding infusion suggests Mid State is poised for significant expansion, potentially through service area enlargement, technology adoption, or strategic acquisitions. This capital injection is likely to bolster its capacity to undertake larger-scale projects and enhance its competitive edge in the electrical contracting market. The company's focus on professionalism and reliability, coupled with this strategic financial backing, indicates a trajectory towards sustained growth and market leadership.
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