How Much Did RCD Raise?
Funding & Key Investors

RCD, a prominent full-service electrical contractor, has secured $1M in total capital, with a recent strategic investment of $1M. This significant enterprise-level funding underscores the company's established presence and strategic growth initiatives within the electrical contracting sector.

What is RCD?

RCD
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Established in 1983, RCD, inc. operates as a comprehensive electrical contractor with four decades of industry experience. The company offers a diverse portfolio of electrical services, including expertise in Building Information Management (BIM), commercial construction, design-build projects, healthcare and institutional facilities, industrial services, and low-voltage solutions. Serving clients across Virginia, Maryland, West Virginia, and the D.C. Metropolitan Area, RCD has solidified its reputation as a highly qualified provider committed to best-in-class service.

How much funding has RCD raised?

RCD has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in RCD

PPP

Public-Private Partnership

What's next for RCD?

The recent major strategic investment signals RCD's intent to further expand its operational capabilities and market reach. This infusion of capital is likely to support advancements in technology adoption, such as enhancing their BIM capabilities, and potentially fuel geographic expansion or the acquisition of new commercial and industrial contracts. RCD is positioned to leverage this financing to reinforce its leadership in the competitive electrical services market.

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Frequently Asked Questions Regarding RCD Financial Insights

What are the most recent funding rounds that RCD has completed, and what were the funding rounds?
RCD has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding RCD has raised to date?
RCD has raised a total of $1M in funding to date.
How many funding rounds has RCD completed?
RCD has completed 1 funding rounds.
How much funding did RCD raise in its most recent funding round?
RCD raised $1M in its most recent funding round.
Who are the lead investors in RCD's latest funding round?
The lead investor in RCD'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 RCD's history?
The largest funding round in RCD's history was $1M.
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