How Much Did Tri-County Mechanical & Electrical Raise?
Funding & Key Investors

Tri-County Mechanical & Electrical has secured $6M in total financing, with a recent strategic investment of $250K announced on September 30, 2024. This major enterprise-level funding round underscores the company's established presence and growth trajectory in the Texas market.

What is Tri-County Mechanical & Electrical?

Tri-County Mechanical & Electrical
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Tri-County Mechanical & Electrical is a veteran-owned business with over two decades of experience providing comprehensive mechanical, electrical, HVAC, and plumbing services to residential and commercial clients across Texas. The company specializes in emergency repairs, installations, and maintenance, building a strong reputation for reliability and customer satisfaction through thousands of successfully completed jobs.

How much funding has Tri-County Mechanical & Electrical raised?

Tri-County Mechanical & Electrical has raised a total of $6M across 3 funding rounds:

2020

Debt

$1M

2024

Debt

$250K

Debt

$4.8M

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

Debt (2024): $250K led by Umpqua Bank

Debt (2024): $4.8M supported by First Bank of the Lake

Key Investors in Tri-County Mechanical & Electrical

Umpqua Bank

Umpqua Bank is a financial institution that likely provides debt financing and banking services to businesses, supporting their operational and growth needs.

First Bank of the Lake

First Bank of the Lake is a regional bank that appears to offer commercial lending and financial solutions, contributing significant debt financing to the company.

PPP

Public-Private Partnership

What's next for Tri-County Mechanical & Electrical?

The recent major strategic investment signifies a pivotal moment for Tri-County Mechanical & Electrical, likely enabling expansion of services, technological upgrades, or increased operational capacity. This capital infusion is expected to fuel further growth and solidify its market position, potentially leading to new service offerings or geographic reach within the Texas region. The company's focus on quality and expert service, combined with this significant financial backing, positions it for continued success in the competitive contracting industry.

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Frequently Asked Questions Regarding Tri-County Mechanical & Electrical Financial Insights

What are the most recent funding rounds that Tri-County Mechanical & Electrical has completed, and what were the funding rounds?
Tri-County Mechanical & Electrical has recently completed 3 funding rounds: Debt on Sep 30, 2024, Debt on Sep 30, 2024, Debt on Apr 7, 2020.
What is the total amount of funding Tri-County Mechanical & Electrical has raised to date?
Tri-County Mechanical & Electrical has raised a total of $6M in funding to date.
How many funding rounds has Tri-County Mechanical & Electrical completed?
Tri-County Mechanical & Electrical has completed 3 funding rounds.
How much funding did Tri-County Mechanical & Electrical raise in its most recent funding round?
Tri-County Mechanical & Electrical raised $250K in its most recent funding round.
Who are the lead investors in Tri-County Mechanical & Electrical's latest funding round?
The lead investor in Tri-County Mechanical & Electrical's latest funding round was Umpqua Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Tri-County Mechanical & Electrical's history?
The largest funding round in Tri-County Mechanical & Electrical's history was $4.8M.
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