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

Collins Elevator Service has secured $350K in total capital, with its most recent financing round bringing in $350K. This major strategic investment signals a significant milestone for the established provider of elevator and lift solutions in the Washington, D.C. metropolitan area.

What is Collins Elevator Service?

Collins Elevator Service
ConstructionConstruction ManagementConsumer Services

Founded in 1978, Collins Elevator Service, Inc. is a family-run, woman-owned minority corporation specializing in both commercial and residential elevator systems. The company offers comprehensive elevator and lift solutions, including 24-hour emergency service, to clients across the Washington, D.C. metropolitan area. Holding key certifications such as Women's Business Enterprise (WBE) and Small Business Enterprise (SBE), Collins Elevator is recognized for its commitment to quality service and regulatory compliance, backed by a team of union-certified mechanics.

How much funding has Collins Elevator Service raised?

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

2020

Debt

$350K

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

What's next for Collins Elevator Service?

The substantial large-scale late-stage funding indicates a strategic push for Collins Elevator Service, likely aimed at expanding its operational capacity, enhancing its service offerings, or potentially entering new geographic markets. This capital infusion is poised to fuel further growth and solidify its position as a leading elevator solutions provider in its service region, enabling continued investment in technology and personnel.

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Frequently Asked Questions Regarding Collins Elevator Service Financial Insights

What are the most recent funding rounds that Collins Elevator Service has completed, and what were the funding rounds?
Collins Elevator Service has recently completed 1 funding rounds: Debt on May 8, 2020.
What is the total amount of funding Collins Elevator Service has raised to date?
Collins Elevator Service has raised a total of $350K in funding to date.
How many funding rounds has Collins Elevator Service completed?
Collins Elevator Service has completed 1 funding rounds.
How much funding did Collins Elevator Service raise in its most recent funding round?
Collins Elevator Service raised $350K in its most recent funding round.
Who are the lead investors in Collins Elevator Service's latest funding round?
The lead investor in Collins 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 Collins Elevator Service's history?
The largest funding round in Collins Elevator Service's history was $350K.
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