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How Much Did MJM Electric Raise?
Funding & Key Investors

MJM Electric has secured $2.3M in total capital, with its most recent financing round bringing in $1.3M through a major strategic investment. This significant backing underscores the company's established presence and ongoing growth within the electrical contracting sector.

What is MJM Electric?

MJM Electric
ConstructionConstruction Management

MJM Electric Inc. is a versatile electrical contractor specializing in power houses, manufacturing, and processing plants across the Southeast United States. The company offers comprehensive services including thermography, load studies, and power quality analysis, delivered by highly trained electricians. With a strong commitment to safety and exceeding customer expectations, MJM Electric handles high voltage terminations, generator installations, and commercial electrical contracting.

How much funding has MJM Electric raised?

MJM Electric has raised a total of $2.3M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.3M

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

Debt (2021): $1.3M led by PPP

Key Investors in MJM Electric

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for MJM Electric?

The recent major strategic investment suggests MJM Electric is poised for significant expansion, likely focusing on scaling its operations and potentially broadening its service offerings or geographic reach. This capital infusion will enable the company to further enhance its capabilities in industrial and commercial electrical solutions, reinforcing its position as a dependable provider in the Southeast.

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Frequently Asked Questions Regarding MJM Electric Financial Insights

What are the most recent funding rounds that MJM Electric has completed, and what were the funding rounds?
MJM Electric has recently completed 2 funding rounds: Debt on Feb 10, 2021, Debt on Apr 9, 2020. What is the total amount of funding MJM Electric has raised to date?
MJM Electric has raised a total of $2.3M in funding to date. How many funding rounds has MJM Electric completed?
MJM Electric has completed 2 funding rounds. How much funding did MJM Electric raise in its most recent funding round?
MJM Electric raised $1.3M in its most recent funding round. Who are the lead investors in MJM Electric's latest funding round?
The lead investor in MJM 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 MJM Electric's history?
The largest funding round in MJM Electric's history was $1.3M.
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