How Much Did MX Electric Raise?
Funding & Key Investors

MX Electric has secured $93K in recent financing, contributing to a total funding amount of $93K. This capital infusion marks a significant stage for the company, likely aligning with Series B or C investment rounds, aimed at fueling substantial expansion.

What is MX Electric?

MX Electric
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MX Electric, a veteran-owned enterprise based in Ogden, IL, is a seasoned provider of comprehensive electrical services. With over a quarter-century of operational experience, the company specializes in the installation, design, and repair of electrical systems for both residential and commercial clientele. Their service portfolio includes critical upgrades such as panel replacements, complete rewiring projects, and generator installations. MX Electric emphasizes quality workmanship and customer satisfaction, striving to build enduring relationships through transparent and needs-focused service delivery.

How much funding has MX Electric raised?

MX Electric has raised a total of $93K across 1 funding round:

2021

Debt

$93K

Debt (2021): $93K with participation from PPP

What's next for MX Electric?

The recent influx of substantial expansion capital positions MX Electric for accelerated growth. Given the company's established presence and diverse service offerings, this investment is expected to facilitate strategic initiatives such as scaling operations, enhancing technological capabilities, and potentially expanding their service area. The company's trajectory suggests a focus on solidifying its market position and capitalizing on opportunities within the electrical services sector.

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Frequently Asked Questions Regarding MX Electric Financial Insights

What are the most recent funding rounds that MX Electric has completed, and what were the funding rounds?
MX Electric has recently completed 1 funding rounds: Debt on Feb 26, 2021.
What is the total amount of funding MX Electric has raised to date?
MX Electric has raised a total of $93K in funding to date.
How many funding rounds has MX Electric completed?
MX Electric has completed 1 funding rounds.
How much funding did MX Electric raise in its most recent funding round?
MX Electric raised $93K in its most recent funding round.
Who are the lead investors in MX Electric's latest funding round?
The lead investor in MX Electric'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 MX Electric's history?
The largest funding round in MX Electric's history was $93K.
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