How Much Did Modern Electrical Contracting Raise?
Funding & Key Investors

Modern Electrical Contracting has secured $350K in total funding, with its most recent capital infusion amounting to $350K. This significant strategic investment underscores the company's established position in the market and its trajectory for continued expansion. The context of this latest financing suggests a late-stage development phase, indicating a focus on scaling operations and solidifying market share.

What is Modern Electrical Contracting?

Modern Electrical Contracting
ConstructionConstruction Management

Modern Electrical Contracting, Inc. is a Nashville-based entity specializing in comprehensive low-voltage solutions. Their expertise spans structured cabling, physical security systems, and IP integrations, catering to businesses throughout Tennessee. With a legacy built on over a century of combined experience, the company prioritizes the delivery of high-quality installations and seamless project execution. They are recognized as a trusted provider, serving a diverse commercial and residential clientele with reliable and efficient technological infrastructure.

How much funding has Modern Electrical Contracting raised?

Modern Electrical Contracting has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Modern Electrical Contracting

PPP

Public-Private Partnership

What's next for Modern Electrical Contracting?

The substantial backing received by Modern Electrical Contracting positions the company for accelerated growth and strategic market penetration. This capital infusion is likely to fuel enhancements in service offerings, expansion into new geographical territories, and the adoption of advanced technologies within their low-voltage solutions. The company's focus on customer satisfaction and proven track record suggests a strategic deployment of these funds to further solidify its competitive advantage and operational capacity in the Tennessee market and potentially beyond.

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Frequently Asked Questions Regarding Modern Electrical Contracting Financial Insights

What are the most recent funding rounds that Modern Electrical Contracting has completed, and what were the funding rounds?
Modern Electrical Contracting has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Modern Electrical Contracting has raised to date?
Modern Electrical Contracting has raised a total of $350K in funding to date.
How many funding rounds has Modern Electrical Contracting completed?
Modern Electrical Contracting has completed 1 funding rounds.
How much funding did Modern Electrical Contracting raise in its most recent funding round?
Modern Electrical Contracting raised $350K in its most recent funding round.
Who are the lead investors in Modern Electrical Contracting's latest funding round?
The lead investor in Modern Electrical Contracting'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 Modern Electrical Contracting's history?
The largest funding round in Modern Electrical Contracting's history was $350K.
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