What is Coastal Elevator Services?
Established in 2012, Coastal Elevator Services has evolved into a cornerstone of Florida's infrastructure maintenance landscape. The company provides a comprehensive suite of services, including the installation, modernization, and ongoing repair of elevator systems across diverse building typologies. By maintaining a focus on high-quality, affordable solutions, the firm has cultivated a strong reputation in key markets such as Naples, Bonita Springs, and Fort Myers. As a member of the National Association of Elevator Contractors (NAEC) and the Latin Builders Association, the company demonstrates a commitment to industry standards and regional professional integration, positioning itself as a preferred partner for property managers and developers seeking reliable vertical mobility solutions.
How much funding has Coastal Elevator Services raised?
Coastal Elevator Services has raised a total of $1.3M across 2 funding rounds:
Debt
$268K
Debt
$982K
Debt (2021): $268K with participation from PPP
Debt (2025): $982K led by WSFS Bank
Key Investors in Coastal Elevator Services
WSFS Bank
A prominent financial institution providing commercial banking and debt financing solutions to support enterprise growth and operational stability.
PPP
Public-Private Partnership
What's next for Coastal Elevator Services?
With the recent capital injection, Coastal Elevator Services is well-positioned to accelerate its modernization initiatives and expand its service footprint across the Florida peninsula. The strategic allocation of these funds will likely focus on scaling maintenance operations and upgrading technical capabilities to meet the increasing demand for high-efficiency elevator systems. By strengthening its financial foundation, the company is prepared to navigate the complexities of the regional construction market, ensuring long-term stability and continued service excellence for its growing client base.
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