How Much Did Marold Electric Raise?
Funding & Key Investors

Marold Electric has secured $102K in total capital, with its most recent financing round bringing in $102K. This significant strategic investment underscores the company's established presence and ongoing operational capacity in the electrical services sector.

What is Marold Electric?

Marold Electric
ConstructionConstruction Management

Marold Electric Inc. is a seasoned electrical contractor based in Quincy, Illinois, boasting over 35 years of experience in delivering reliable electrical solutions. The company serves a diverse clientele, encompassing both commercial and residential sectors. Its comprehensive service portfolio includes detailed electrical inspections, professional generator installations, and essential rewiring services. Marold Electric has cultivated a reputation for trustworthiness and prompt service, consistently meeting customer expectations with competitive pricing. The firm is committed to ensuring that all electrical systems within homes and businesses in Quincy and its surrounding regions adhere to safety standards and current building codes.

How much funding has Marold Electric raised?

Marold Electric has raised a total of $102K across 1 funding round:

2021

Debt

$102K

Debt (2021): $102K with participation from PPP

What's next for Marold Electric?

The recent strategic investment in Marold Electric signals a phase of potential expansion or operational enhancement, leveraging its strong foundation and established market position. As a company with a long history of service, this capital infusion is likely to support further growth, possibly through service area expansion, technology upgrades, or increased capacity to meet demand. The company's focus on safety and compliance, coupled with its competitive rates, positions it well for continued success in the Illinois market.

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Frequently Asked Questions Regarding Marold Electric Financial Insights

What are the most recent funding rounds that Marold Electric has completed, and what were the funding rounds?
Marold Electric has recently completed 1 funding rounds: Debt on Jan 16, 2021.
What is the total amount of funding Marold Electric has raised to date?
Marold Electric has raised a total of $102K in funding to date.
How many funding rounds has Marold Electric completed?
Marold Electric has completed 1 funding rounds.
How much funding did Marold Electric raise in its most recent funding round?
Marold Electric raised $102K in its most recent funding round.
Who are the lead investors in Marold Electric's latest funding round?
The lead investor in Marold 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 Marold Electric's history?
The largest funding round in Marold Electric's history was $102K.
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