How Much Did McLemore Electric Raise?
Funding & Key Investors

McLemore Electric, a long-standing family-owned electrician company based in Pensacola, FL, has secured $399K in total capital, with its most recent financing round bringing in $249K as part of a major strategic investment. This significant backing underscores the company's established presence and its role in providing comprehensive electrical solutions across commercial, industrial, and residential sectors.

What is McLemore Electric?

McLemore Electric
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Founded in 1999, McLemore Electric has built a reputation for delivering specialized electrical services across Escambia and Santa Rosa counties. Their expertise spans generator installation, renovation, and design for industrial and commercial clients, alongside residential upgrades such as lighting and panel installations. The company's commitment to customer satisfaction and its ability to manage projects of varying scales, including offering 24-hour emergency service, positions it as a reliable provider in the regional electrical contracting market.

How much funding has McLemore Electric raised?

McLemore Electric has raised a total of $399K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$249K

Debt (2020): $150K with participation from PPP

Debt (2021): $249K led by PPP

What's next for McLemore Electric?

The substantial late-stage funding indicates a strategic phase for McLemore Electric, likely aimed at expanding its operational capacity, enhancing its service offerings, or potentially pursuing new market opportunities. This capital infusion is expected to fuel further growth and solidify its competitive advantage in the electrical services industry, enabling the company to undertake larger projects and continue its legacy of service.

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Frequently Asked Questions Regarding McLemore Electric Financial Insights

What are the most recent funding rounds that McLemore Electric has completed, and what were the funding rounds?
McLemore Electric has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 13, 2020.
What is the total amount of funding McLemore Electric has raised to date?
McLemore Electric has raised a total of $399K in funding to date.
How many funding rounds has McLemore Electric completed?
McLemore Electric has completed 2 funding rounds.
How much funding did McLemore Electric raise in its most recent funding round?
McLemore Electric raised $249K in its most recent funding round.
Who are the lead investors in McLemore Electric's latest funding round?
The lead investor in McLemore 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 McLemore Electric's history?
The largest funding round in McLemore Electric's history was $249K.
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