How Much Did Milad Contracting Raise?
Funding & Key Investors

Milad Contracting, a cornerstone of the New York City electrical infrastructure sector, has successfully secured significant capital to bolster its operational capacity. The firm, which has demonstrated a consistent growth trajectory, reports a total cumulative financing of $2.8M. This latest infusion of capital, totaling $1.8M, represents a major strategic investment aimed at reinforcing the company's market position as a premier W.B.E. certified electrical contractor within the competitive metropolitan construction landscape.

What is Milad Contracting?

Milad Contracting
ConstructionConstruction Management

Established in 1984 by Monet Milad, Milad Contracting Corp has evolved into a highly specialized entity within the New York City construction ecosystem. With a portfolio spanning over 1,000 completed projects, the firm maintains a robust reputation for delivering complex electrical solutions for critical infrastructure, including police precincts, educational facilities, and high-rise developments. By operating in close alignment with Local Union #3 of the International Brotherhood of Electrical Workers, the company ensures a high standard of labor compliance and technical proficiency. Their status as a bonded, licensed, and insured contractor allows them to navigate the stringent regulatory requirements of the five boroughs, positioning them as a reliable partner for large-scale municipal and private sector developments.

How much funding has Milad Contracting raised?

Milad Contracting has raised a total of $2.8M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.8M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.8M led by PPP

Key Investors in Milad Contracting

PPP

Public-Private Partnership

What's next for Milad Contracting?

With this recent strategic investment, Milad Contracting is well-positioned to scale its operations and modernize its service delivery model. The company is expected to leverage this capital to enhance its project management capabilities and potentially expand its footprint in the high-demand NYC infrastructure market. As the firm continues to capitalize on its four decades of industry experience, the focus will likely shift toward integrating advanced electrical technologies and optimizing supply chain efficiencies to maintain its competitive edge. This financial backing provides the necessary liquidity to pursue larger, more complex contracts, ensuring the firm remains a vital contributor to the city's ongoing urban development and modernization efforts.

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Frequently Asked Questions Regarding Milad Contracting Financial Insights

What are the most recent funding rounds that Milad Contracting has completed, and what were the funding rounds?
Milad Contracting has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 27, 2020.
What is the total amount of funding Milad Contracting has raised to date?
Milad Contracting has raised a total of $2.8M in funding to date.
How many funding rounds has Milad Contracting completed?
Milad Contracting has completed 2 funding rounds.
How much funding did Milad Contracting raise in its most recent funding round?
Milad Contracting raised $1.8M in its most recent funding round.
Who are the lead investors in Milad Contracting's latest funding round?
The lead investor in Milad Contracting'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 Milad Contracting's history?
The largest funding round in Milad Contracting's history was $1.8M.
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