How Much Did Magic Valley Electric Raise?
Funding & Key Investors

Magic Valley Electric has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within the competitive home services sector.

What is Magic Valley Electric?

Magic Valley Electric
Consumer ServicesRepair Services

Magic Valley Electric positions itself as a comprehensive provider of home and office services, specializing in plumbing, heating, air conditioning, and electrical work. The company emphasizes its commitment to customer satisfaction through fully-stocked vans and extended operating hours, aiming to resolve a wide array of home service needs. Its service model is designed to instill confidence in clients requiring repairs or installations for critical home systems, ensuring a reliable and responsive support network for homeowners and businesses alike.

How much funding has Magic Valley Electric raised?

Magic Valley Electric has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Magic Valley Electric?

The substantial capital infusion, particularly the recent strategic investment, signals Magic Valley Electric's readiness for accelerated growth and market expansion. This late-stage funding is likely to be deployed towards enhancing operational efficiencies, expanding service territories, and potentially integrating new technologies to further differentiate its offerings. The company is poised to leverage this financial strength to solidify its market leadership and pursue strategic initiatives aimed at capturing a larger share of the home services industry.

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Frequently Asked Questions Regarding Magic Valley Electric Financial Insights

What are the most recent funding rounds that Magic Valley Electric has completed, and what were the funding rounds?
Magic Valley Electric has recently completed 1 funding rounds: Debt on Apr 3, 2020.
What is the total amount of funding Magic Valley Electric has raised to date?
Magic Valley Electric has raised a total of $350K in funding to date.
How many funding rounds has Magic Valley Electric completed?
Magic Valley Electric has completed 1 funding rounds.
How much funding did Magic Valley Electric raise in its most recent funding round?
Magic Valley Electric raised $350K in its most recent funding round.
Who are the lead investors in Magic Valley Electric's latest funding round?
The lead investor in Magic Valley 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 Magic Valley Electric's history?
The largest funding round in Magic Valley Electric's history was $350K.
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