What is RMD Electric?
Based in Uniondale, New York, RMD Electric Corp. operates as a fully licensed and certified electrical contractor with a legacy spanning over 15 years. The firm distinguishes itself through specialized expertise in fire alarm installation and complex data cabling, serving as a trusted partner for major public agencies including the NYC School Construction Authority and MTA Capital Construction. By maintaining a focus on safety, regulatory compliance, and technical precision, RMD Electric has established a robust market position as a reliable provider for essential urban infrastructure development.
How much funding has RMD Electric raised?
RMD Electric has raised a total of $1.1M across 2 funding rounds:
Debt
$350K
Debt
$783K
Debt (2020): $350K with participation from PPP
Debt (2021): $783K led by PPP
Key Investors in RMD Electric
PPP
Public-Private Partnership
What's next for RMD Electric?
With the recent infusion of capital, RMD Electric is well-positioned to accelerate its growth strategy, focusing on the expansion of its service capabilities and the modernization of its technical infrastructure. As the firm continues to secure high-profile public works contracts, the strategic allocation of these funds will likely prioritize the enhancement of its skilled workforce and the adoption of advanced electrical engineering technologies. This phase of development marks a transition toward greater enterprise-level efficiency, enabling the company to meet the increasing demands of New York City's evolving infrastructure requirements while maintaining its commitment to local service excellence.
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