How Much Did MNBC Electrical Raise?
Funding & Key Investors

MNBC Electrical has secured $136K in total financing, with its most recent capital infusion amounting to $136K from a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the electrical contracting sector.

What is MNBC Electrical?

MNBC Electrical
ConstructionConstruction Management

MNBC Electrical Corp. is a licensed electrical contracting corporation operating across New York and New Jersey. The company specializes in a comprehensive array of services for both commercial and residential projects, demonstrating a commitment to high-quality workmanship, meticulous attention to detail, and strict adherence to all relevant codes. MNBC Electrical serves a diverse clientele, including public schools and various commercial establishments such as restaurants and retail stores, leveraging its team of experienced electricians to meet varied project demands. Notably, the company holds certification as a Minority Business Enterprise, reinforcing its professional standards.

How much funding has MNBC Electrical raised?

MNBC Electrical has raised a total of $136K across 1 funding round:

2021

Debt

$136K

Debt (2021): $136K with participation from PPP

Key Investors in MNBC Electrical

PPP

Public-Private Partnership

What's next for MNBC Electrical?

With the recent influx of capital, MNBC Electrical is poised for strategic expansion and enhanced service delivery. The large-scale, late-stage funding suggests a focus on scaling operations, potentially investing in new technologies, expanding its service area, or increasing its workforce to meet growing market demand. This strategic investment will likely enable MNBC Electrical to undertake larger, more complex projects and further solidify its position as a leading electrical contractor in the region, particularly within its certified minority business enterprise framework.

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Frequently Asked Questions Regarding MNBC Electrical Financial Insights

What are the most recent funding rounds that MNBC Electrical has completed, and what were the funding rounds?
MNBC Electrical has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding MNBC Electrical has raised to date?
MNBC Electrical has raised a total of $136K in funding to date.
How many funding rounds has MNBC Electrical completed?
MNBC Electrical has completed 1 funding rounds.
How much funding did MNBC Electrical raise in its most recent funding round?
MNBC Electrical raised $136K in its most recent funding round.
Who are the lead investors in MNBC Electrical's latest funding round?
The lead investor in MNBC Electrical'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 MNBC Electrical's history?
The largest funding round in MNBC Electrical's history was $136K.
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