How Much Did Malone Electrical Solutions Raise?
Funding & Key Investors

Malone Electrical Solutions has secured $1.9M in total capital, with its most recent financing round bringing in $853K through a major strategic investment. This enterprise-level funding underscores the company's established presence and growth trajectory in the electrical contracting sector.

What is Malone Electrical Solutions?

Malone Electrical Solutions
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Malone Electrical Solutions LLC is a prominent owner-operated electrical contracting company based in south Florida, with a history dating back to 1982. The firm specializes in designing and installing comprehensive electrical solutions for residential, commercial, and industrial clients. Their expertise spans a wide range of projects, from basic power upgrades and intricate backup power systems to advanced home automation. Malone Electrical Solutions has a particular focus on large estate homes, governmental facilities, processing plants, marine/dock power, auto malls, and equestrian venues. Under the leadership of owners R. Jay DePotter and Ray Murdock, the company has expanded its services beyond custom home construction into the commercial and industrial markets, consistently delivering cost-effective electrical project solutions. They emphasize strong client relationships and offer preventive maintenance programs, supplier services, and electrical engineering consultation. The company is a Certified Small Business Enterprise of Palm Beach County and a member of the National Electrical Contractors Association.

How much funding has Malone Electrical Solutions raised?

Malone Electrical Solutions has raised a total of $1.9M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$853K

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

Debt (2021): $853K led by PPP

Key Investors in Malone Electrical Solutions

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Malone Electrical Solutions?

The recent major strategic investment into Malone Electrical Solutions signals a phase of significant expansion and operational enhancement. This capital infusion is expected to fuel further development in their service offerings and market reach within south Florida's dynamic construction and industrial landscape. The company's established track record and diverse client base position it for continued success as it leverages this new backing to solidify its leadership in electrical contracting.

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Frequently Asked Questions Regarding Malone Electrical Solutions Financial Insights

What are the most recent funding rounds that Malone Electrical Solutions has completed, and what were the funding rounds?
Malone Electrical Solutions has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Malone Electrical Solutions has raised to date?
Malone Electrical Solutions has raised a total of $1.9M in funding to date.
How many funding rounds has Malone Electrical Solutions completed?
Malone Electrical Solutions has completed 2 funding rounds.
How much funding did Malone Electrical Solutions raise in its most recent funding round?
Malone Electrical Solutions raised $853K in its most recent funding round.
Who are the lead investors in Malone Electrical Solutions's latest funding round?
The lead investor in Malone Electrical Solutions'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 Malone Electrical Solutions's history?
The largest funding round in Malone Electrical Solutions's history was $1M.
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