What is Complete Elevator Service?
Complete Elevator Service, Inc. is a family-owned enterprise headquartered in Chicago, focusing on comprehensive elevator solutions. Their expertise spans elevator modernizations, new installations, ongoing maintenance, service and repair, and inspections. The company offers adaptable installation options for both hydraulic and traction elevator systems, ensuring adherence to municipal codes and accessibility mandates. With over two decades of operational experience, Complete Elevator Service provides round-the-clock emergency support and stresses the critical role of preventative maintenance in mitigating significant repair expenditures. Their dedication to delivering cost-effective and efficient services aims to safeguard clients' investments in their elevator infrastructure.
How much funding has Complete Elevator Service raised?
Complete Elevator Service has raised a total of $436K across 2 funding rounds:
Debt
$150K
Debt
$286K
Debt (2020): $150K with participation from PPP
Debt (2021): $286K led by PPP
What's next for Complete Elevator Service?
The company's large-scale, late-stage funding context suggests a mature operational phase, likely focused on scaling existing services, expanding geographic reach, or potentially acquiring complementary businesses. This strategic capital infusion is expected to bolster their capacity for major modernization projects and new installations, reinforcing their competitive edge in the Chicago market and beyond. Continued emphasis on their 24-hour emergency service and preventative maintenance programs will likely remain a cornerstone of their growth strategy.
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