MKD Electric

Elgin, United States Founded: 1995 • Age: 31 yrs
Industrial electrical contracting and maintenance services are provided.
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About MKD Electric

MKD Electric is a company based in Elgin (United States) founded in 1995.. The company has 53 employees as of December 31, 2022. MKD Electric offers products and services including Electrical Capital Projects, Emergency Service, Instrumentation Services, and On-Site Maintenance. MKD Electric operates in a competitive market with competitors including Thermon, RULKA ELECTRICALS, Hager Group, Profarma and Artic Building Services, among others.

  • Headquarter Elgin, United States
  • Employees 53 as on 31 Dec, 2022
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Mkd Electric, Inc.
Operational Areas
Business Services → Facility, Security & Field Operations
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    53

    as on Dec 31, 2022

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Products & Services of MKD Electric

MKD Electric offers a comprehensive portfolio of products and services, including Electrical Capital Projects, Emergency Service, Instrumentation Services, and On-Site Maintenance. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Designs and builds electrical systems for expansions and new facilities.

Provides 24/7 response for urgent electrical issues.

Handles design, configuration, and installation of instruments.

Offers preventive and routine electrical upkeep for industries.

People of MKD Electric
Headcount 200-500
Employee Profiles 21
Employee Profiles
People
Rosaura Castro-Trujillo
Senior Accounts Payable
People
Joe Provenzano
IS Department Manager
People
Scott Ryan
Project Manager
People
Ryan Mathis
Preconstruction Manager

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Funding Insights of MKD Electric

  • Total Funding
  • Total Rounds 1
  • Last Round
  • First Round
  • Investors Count 1
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2021 Amount Unspecified - MKD Electric Valuation Hastings Equity Partners
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in MKD Electric

MKD Electric has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Hastings Equity Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by MKD Electric

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - MKD Electric

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Mkd Electric Comparisons

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Competitors of MKD Electric

MKD Electric operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Thermon, RULKA ELECTRICALS, Hager Group, Profarma and Artic Building Services, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Engineered thermal solutions are provided for industrial heat tracing applications.
domain founded_year HQ Location
Commercial electrical services are provided for industrial clients.
domain founded_year HQ Location
Offers electrical installation solutions for energy distribution, cable management, and building automation globally.
domain founded_year HQ Location
Healthcare distribution and retail services are provided.
domain founded_year HQ Location
Electrical services are provided for building projects and maintenance.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Mkd Electric

Frequently Asked Questions about MKD Electric

When was MKD Electric founded?

MKD Electric was founded in 1995 and raised its 1st funding round 26 years after it was founded.

Where is MKD Electric located?

MKD Electric is headquartered in Elgin, United States. It is registered at Elgin, Illinois, United States.

How many employees does MKD Electric have?

As of Dec 31, 2022, the latest employee count at MKD Electric is 53.

What does MKD Electric do?

MKD Electric was founded in 1995 and is based in Elgin, United States. Operations focus on industrial electrical contracting, with services encompassing on-site maintenance, instrumentation, construction, preventive measures, project management, and control systems integration. These offerings are directed toward the chemical, petrochemical, distribution, and packaging sectors, supporting infrastructure and operational needs in those industries.

Who are the top competitors of MKD Electric?

MKD Electric's top competitors include Thermon, RULKA ELECTRICALS and Profarma.

What products or services does MKD Electric offer?

MKD Electric offers Electrical Capital Projects, Emergency Service, Instrumentation Services, and On-Site Maintenance.

Who are MKD Electric's investors?

MKD Electric has 1 investor. Key investors include Hastings Equity Partners.

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