How Much Did Advanced Elevator Raise?
Funding & Key Investors

Advanced Elevator has secured significant capital, with total funding reaching $150K and a recent strategic investment of $150K. This substantial backing underscores the company's established presence and its ongoing trajectory in the elevator services sector.

What is Advanced Elevator?

Advanced Elevator
ManufacturingIndustrial Machinery & EquipmentConsumer Services

Advanced Elevator Co., Inc., a fixture in the greater St. Louis area since 1983, specializes in comprehensive elevator services. Their expertise spans maintenance, modernization, installation, and inspection, with a core philosophy centered on customer communication and transparency. The company adeptly handles the upkeep and repair of diverse elevator systems, installs non-proprietary equipment, and ensures adherence to stringent local elevator codes through meticulous inspections. This commitment to operational excellence has cultivated a reputation for outstanding service and high customer satisfaction.

How much funding has Advanced Elevator raised?

Advanced Elevator has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

What's next for Advanced Elevator?

The recent major strategic investment, within the context of large-scale late-stage funding, signals Advanced Elevator's readiness for significant expansion or operational enhancement. This capital infusion is likely to fuel initiatives aimed at scaling its service capabilities, potentially expanding its geographic reach beyond the St. Louis area, or investing in advanced technological upgrades for its maintenance and installation processes. The company is poised to leverage this financial momentum to solidify its market position and pursue new growth avenues.

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Frequently Asked Questions Regarding Advanced Elevator Financial Insights

What are the most recent funding rounds that Advanced Elevator has completed, and what were the funding rounds?
Advanced Elevator has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Advanced Elevator has raised to date?
Advanced Elevator has raised a total of $150K in funding to date.
How many funding rounds has Advanced Elevator completed?
Advanced Elevator has completed 1 funding rounds.
How much funding did Advanced Elevator raise in its most recent funding round?
Advanced Elevator raised $150K in its most recent funding round.
Who are the lead investors in Advanced Elevator's latest funding round?
The lead investor in Advanced Elevator'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 Advanced Elevator's history?
The largest funding round in Advanced Elevator's history was $150K.
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