What is P&M Electrical Contracting?
Established in 1986 and family-owned, P&M Electrical Contracting Corp is a New York-based entity specializing in comprehensive electrical solutions. The company has carved a niche in the installation of electric car charging stations, serving both commercial and government clients. With a demonstrated commitment to sustainable electrical infrastructure, P&M has successfully installed over 200 fast chargers annually and has ambitious plans to scale this to over 1,000 charging stations. Beyond charging station deployment, their expertise extends to electrical filing, engineering, and inspection services, offering end-to-end project management. This integrated approach has solidified P&M's reputation as a reliable partner for numerous city government agencies.
How much funding has P&M Electrical Contracting raised?
P&M Electrical Contracting has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
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
PPP
Public-Private Partnership
What's next for P&M Electrical Contracting?
The recent major strategic investment signals a new phase of expansion for P&M Electrical Contracting, likely focused on accelerating the deployment of electric vehicle charging infrastructure and potentially broadening its service offerings. This capital infusion is expected to fuel operational scaling, technological advancements in sustainable electrical solutions, and further penetration into government and commercial sectors. The company's established track record and focus on a high-growth market position it for continued success and increased market share in the sustainable energy and electrical contracting landscape.
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