How Much Did Brooklyn Elevator Raise?
Funding & Key Investors

Brooklyn Elevator, Inc. has secured significant financial backing, with its total funding reaching $676K and its most recent capital infusion amounting to $326K. This major strategic investment underscores the company's established presence and growth trajectory within the competitive elevator service industry.

What is Brooklyn Elevator?

Brooklyn Elevator
ConstructionConstruction ManagementArchitecture, Engineering & Design

Brooklyn Elevator, Inc. is a well-established, independently owned elevator service provider headquartered in Brooklyn, NY. With over a decade of operational experience, the company offers comprehensive services including preventative maintenance, modernization, and new construction consultations. Their service area extends across the Five Boroughs of NYC, Long Island, and New Jersey, catering to both residential and commercial clients. The company emphasizes its licensed, insured, and QEI-certified status, highlighting a commitment to quality, safety, and adherence to current industry codes. Their expert team focuses on resolving elevator issues and enhancing system performance across diverse building types.

How much funding has Brooklyn Elevator raised?

Brooklyn Elevator has raised a total of $676K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$326K

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

Debt (2021): $326K led by PPP

What's next for Brooklyn Elevator?

The recent major strategic investment positions Brooklyn Elevator for continued expansion and service enhancement. This capital infusion is likely to support operational scaling, potential technology upgrades for modernization services, and strengthening its market position across its service regions. The company's focus on preventative maintenance and modernization suggests a strategy aimed at long-term client retention and capturing a larger share of the elevator upkeep and upgrade market, particularly in the dynamic real estate environments of the greater NYC metropolitan area.

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Frequently Asked Questions Regarding Brooklyn Elevator Financial Insights

What are the most recent funding rounds that Brooklyn Elevator has completed, and what were the funding rounds?
Brooklyn Elevator has recently completed 2 funding rounds: Debt on Mar 13, 2021, Debt on May 1, 2020.
What is the total amount of funding Brooklyn Elevator has raised to date?
Brooklyn Elevator has raised a total of $676K in funding to date.
How many funding rounds has Brooklyn Elevator completed?
Brooklyn Elevator has completed 2 funding rounds.
How much funding did Brooklyn Elevator raise in its most recent funding round?
Brooklyn Elevator raised $326K in its most recent funding round.
Who are the lead investors in Brooklyn Elevator's latest funding round?
The lead investor in Brooklyn 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 Brooklyn Elevator's history?
The largest funding round in Brooklyn Elevator's history was $350K.
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