How Much Did MRD Electrical Services Raise?
Funding & Key Investors

MRD Electrical Services has secured $740K in total capital, with its most recent financing round bringing in $390K through a major strategic investment. This latest backing underscores the company's significant enterprise-level funding trajectory.

What is MRD Electrical Services?

MRD Electrical Services
ConstructionConstruction Management

MRD Electrical Services Inc. is a New York-based entity providing a comprehensive suite of electrical services. The company caters to both residential and commercial clients, offering expertise in various electrical installations and maintenance operations. Their commitment is to deliver quality electrical solutions and reliable service to their customer base.

How much funding has MRD Electrical Services raised?

MRD Electrical Services has raised a total of $740K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$390K

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

Debt (2021): $390K led by PPP

Key Investors in MRD Electrical Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for MRD Electrical Services?

The recent major strategic investment suggests MRD Electrical Services is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel growth initiatives, potentially involving service area expansion, technology adoption for improved efficiency, or scaling of their workforce to meet increasing demand. The enterprise-level funding context indicates a focus on solidifying market position and pursuing larger-scale projects within the electrical services sector.

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Frequently Asked Questions Regarding MRD Electrical Services Financial Insights

What are the most recent funding rounds that MRD Electrical Services has completed, and what were the funding rounds?
MRD Electrical Services has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on May 3, 2020.
What is the total amount of funding MRD Electrical Services has raised to date?
MRD Electrical Services has raised a total of $740K in funding to date.
How many funding rounds has MRD Electrical Services completed?
MRD Electrical Services has completed 2 funding rounds.
How much funding did MRD Electrical Services raise in its most recent funding round?
MRD Electrical Services raised $390K in its most recent funding round.
Who are the lead investors in MRD Electrical Services's latest funding round?
The lead investor in MRD Electrical Services'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 MRD Electrical Services's history?
The largest funding round in MRD Electrical Services's history was $390K.
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