How Much Did Capitol Elevator Raise?
Funding & Key Investors

Capitol Elevator Co. has secured $997K in total capital, with its most recent financing round bringing in $647K in a major strategic investment. This significant backing underscores the company's established presence and future growth potential in the elevator services sector.

What is Capitol Elevator?

Capitol Elevator
ConstructionConstruction ManagementConsumer Services

Capitol Elevator Co. is a seasoned provider of expert elevator services, boasting over 40 years of experience. The company specializes in delivering efficient and personalized support across a comprehensive suite of services, including elevator repair, maintenance, installation, and modernization. Their client base spans commercial and residential sectors, targeting property owners, managers, architects, and contractors who require dependable solutions for passenger and freight elevators, as well as specialized lifts like dumbwaiters and material lifts. Capitol Elevator Co. is committed to upholding stringent safety standards and regulatory compliance, aiming to surpass client expectations on every project.

How much funding has Capitol Elevator raised?

Capitol Elevator has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$647K

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

Debt (2021): $647K led by PPP

Key Investors in Capitol Elevator

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Capitol Elevator?

The recent major strategic investment signals a pivotal moment for Capitol Elevator Co., likely enabling expansion of services, technological upgrades, or market penetration. This capital infusion is expected to fuel the company's next phase of growth, reinforcing its position as a reliable partner for elevator solutions. The company's long-standing expertise and focus on client satisfaction, combined with this strategic backing, position it for continued success and innovation in the competitive elevator industry.

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Frequently Asked Questions Regarding Capitol Elevator Financial Insights

What are the most recent funding rounds that Capitol Elevator has completed, and what were the funding rounds?
Capitol Elevator has recently completed 2 funding rounds: Debt on Mar 23, 2021, Debt on May 1, 2020.
What is the total amount of funding Capitol Elevator has raised to date?
Capitol Elevator has raised a total of $1M in funding to date.
How many funding rounds has Capitol Elevator completed?
Capitol Elevator has completed 2 funding rounds.
How much funding did Capitol Elevator raise in its most recent funding round?
Capitol Elevator raised $647K in its most recent funding round.
Who are the lead investors in Capitol Elevator's latest funding round?
The lead investor in Capitol 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 Capitol Elevator's history?
The largest funding round in Capitol Elevator's history was $647K.
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