What is Magnetic Builders Group?
Magnetic Builders Group is a New York City-based firm specializing in high-quality construction and renovation services. Their expertise spans a diverse range of projects, including lobby renovations, amenity space development, and fit-outs for restaurants, bars, and health, medical, and education facilities. The company also plays a crucial role in providing infrastructure solutions for the New York City Port Authority. Committed to excellence and innovation, Magnetic Builders Group has established itself as a trusted partner in the construction industry, driven by a focus on client satisfaction.
How much funding has Magnetic Builders Group raised?
Magnetic Builders Group has raised a total of $79K across 1 funding round:
Debt
$79K
Debt (2021): $79K with participation from PPP
What's next for Magnetic Builders Group?
With the recent influx of substantial expansion capital, Magnetic Builders Group is poised for accelerated growth. This strategic investment is expected to fuel the company's capacity to undertake larger-scale projects, enhance its operational efficiencies, and potentially expand its service offerings or geographic reach. The significant Series B/C stage funding suggests a focus on scaling operations, solidifying market share, and further developing its capabilities in complex construction and infrastructure development within the New York metropolitan area.
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