How Much Did P&M Electrical Contracting Raise?
Funding & Key Investors

P&M Electrical Contracting has solidified its position in the sustainable infrastructure sector, securing a total capital infusion of $1.1M. This trajectory of financial backing, highlighted by a recent strategic investment of $778K, underscores the firm's critical role in the modernization of urban energy grids. By leveraging these resources, the company continues to scale its operational capacity to meet the surging demand for high-performance electrical systems.

The firm's financial history reflects a disciplined approach to growth, beginning with initial debt financing in April 2020 and followed by a significant capital injection in March 2021. This consistent influx of investment has enabled the organization to transition from a regional contractor to a key player in the deployment of large-scale electric vehicle charging networks.

What is P&M Electrical Contracting?

P&M Electrical Contracting
ConstructionConstruction ManagementArchitecture, Engineering & Design

Established in 1986, P&M Electrical Contracting Corp operates as a specialized electrical contractor with a deep-rooted presence in the New York market. The company distinguishes itself through a comprehensive service model that integrates electrical filing, engineering, and inspection services with high-end installation capabilities. Their primary market focus lies in the installation of electric car charging stations, where they have successfully scaled to over 200 fast-charger installations annually. By serving both commercial enterprises and government agencies, the firm acts as a vital link in the public-private partnership ecosystem, ensuring that complex infrastructure projects are executed with regulatory precision and technical reliability.

How much funding has P&M Electrical Contracting raised?

P&M Electrical Contracting has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$778K

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

Debt (2021): $778K led by PPP

Key Investors in P&M Electrical Contracting

PPP

Public-Private Partnership

What's next for P&M Electrical Contracting?

With a stated objective to expand its footprint to over 1,000 charging stations, P&M Electrical Contracting is positioned for a period of aggressive operational scaling. The current funding context suggests a strategic pivot toward long-term infrastructure development, likely involving the integration of smart-grid technologies and expanded service territories. As the transition to electric mobility accelerates, the company is expected to leverage its established reputation with city government agencies to secure larger, multi-year contracts. Future growth will likely be defined by the firm's ability to maintain its high-quality standards while navigating the complexities of large-scale energy project management and the evolving regulatory landscape of sustainable urban development.

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Frequently Asked Questions Regarding P&M Electrical Contracting Financial Insights

What are the most recent funding rounds that P&M Electrical Contracting has completed, and what were the funding rounds?
P&M Electrical Contracting has recently completed 2 funding rounds: Debt on Mar 26, 2021, Debt on Apr 30, 2020.
What is the total amount of funding P&M Electrical Contracting has raised to date?
P&M Electrical Contracting has raised a total of $1.1M in funding to date.
How many funding rounds has P&M Electrical Contracting completed?
P&M Electrical Contracting has completed 2 funding rounds.
How much funding did P&M Electrical Contracting raise in its most recent funding round?
P&M Electrical Contracting raised $778K in its most recent funding round.
Who are the lead investors in P&M Electrical Contracting's latest funding round?
The lead investor in P&M Electrical 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 P&M Electrical Contracting's history?
The largest funding round in P&M Electrical Contracting's history was $778K.
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