How Much Did Modern Mechanical Raise?
Funding & Key Investors

Modern Mechanical has secured $958K in total capital, with its most recent funding round amounting to $608K. This major strategic investment underscores the company's significant growth trajectory and its established presence in the market.

What is Modern Mechanical?

Modern Mechanical
ConstructionConstruction ManagementConsumer Services

Modern Mechanical is a distinguished Veteran-owned small business operating in Northern Virginia, specializing in a comprehensive suite of mechanical services. Their offerings span HVAC, plumbing, electrical repair, and tailored commercial solutions. The company prioritizes customer satisfaction, notably implementing a policy where clients are not charged the service fee if the technicians are late. Committed to community well-being and environmental stewardship, Modern Mechanical has earned recognition as a Loudoun County Certified Green Business. Their team of skilled technicians is dedicated to delivering professional, high-quality service with an unwavering focus on safety.

How much funding has Modern Mechanical raised?

Modern Mechanical has raised a total of $958K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$608K

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

Debt (2021): $608K led by PPP

Key Investors in Modern Mechanical

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Modern Mechanical?

The recent major strategic investment indicates a pivotal phase for Modern Mechanical, likely geared towards scaling operations, expanding service areas, or enhancing technological capabilities within its mechanical services sector. This capital infusion is expected to bolster their capacity to serve the Northern Virginia region and reinforce their commitment to sustainability and customer-centric service delivery. The company's focus on professionalism and community engagement positions it for continued expansion and market leadership.

See full Modern Mechanical company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstruction
Construction ManagementConstruction

Frequently Asked Questions Regarding Modern Mechanical Financial Insights

What are the most recent funding rounds that Modern Mechanical has completed, and what were the funding rounds?
Modern Mechanical has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 4, 2020.
What is the total amount of funding Modern Mechanical has raised to date?
Modern Mechanical has raised a total of $958K in funding to date.
How many funding rounds has Modern Mechanical completed?
Modern Mechanical has completed 2 funding rounds.
How much funding did Modern Mechanical raise in its most recent funding round?
Modern Mechanical raised $608K in its most recent funding round.
Who are the lead investors in Modern Mechanical's latest funding round?
The lead investor in Modern Mechanical'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 Modern Mechanical's history?
The largest funding round in Modern Mechanical's history was $608K.
See more information about Modern Mechanical