How Much Did Smartrise Elevator Service Raise?
Funding & Key Investors

Smartrise Elevator Service has secured $350K in total funding, with its most recent capital infusion amounting to $350K from a major strategic investment. This significant backing underscores the company's established position in the vertical transportation solutions market and its potential for continued expansion.

What is Smartrise Elevator Service?

Smartrise Elevator Service
ConstructionConstruction ManagementConsumer Services

Smartrise Elevator Service specializes in comprehensive vertical transportation solutions, offering elevator maintenance, repair, and modernization services. Catering to both residential and commercial clients, including universities and government agencies, the company leverages over a century of combined experience. Their commitment to service excellence is demonstrated through a strong track record of completed projects, ensuring reliable and timely service delivery. Smartrise Elevator aims to redefine industry standards by addressing all client needs, irrespective of project scale.

How much funding has Smartrise Elevator Service raised?

Smartrise Elevator Service has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Smartrise Elevator Service

PPP

Public-Private Partnership

What's next for Smartrise Elevator Service?

The substantial large-scale late-stage funding indicates Smartrise Elevator Service is poised for significant growth and strategic development. This capital injection will likely fuel expansion initiatives, potentially involving technological advancements in elevator systems, increased service area coverage, or strategic acquisitions. The company's focus on modernization and service excellence, combined with this recent strategic investment, positions it for enhanced market leadership and operational scaling in the competitive vertical transportation sector.

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Frequently Asked Questions Regarding Smartrise Elevator Service Financial Insights

What are the most recent funding rounds that Smartrise Elevator Service has completed, and what were the funding rounds?
Smartrise Elevator Service has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Smartrise Elevator Service has raised to date?
Smartrise Elevator Service has raised a total of $350K in funding to date.
How many funding rounds has Smartrise Elevator Service completed?
Smartrise Elevator Service has completed 1 funding rounds.
How much funding did Smartrise Elevator Service raise in its most recent funding round?
Smartrise Elevator Service raised $350K in its most recent funding round.
Who are the lead investors in Smartrise Elevator Service's latest funding round?
The lead investor in Smartrise Elevator Service'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 Smartrise Elevator Service's history?
The largest funding round in Smartrise Elevator Service's history was $350K.
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