How Much Did Concept Elevator Group Raise?
Funding & Key Investors

Concept Elevator Group has secured $1.1M in total capital, with its most recent funding round bringing in $784K in a major strategic investment. This significant financial backing underscores the company's established presence and growth trajectory within the enterprise-level funding landscape.

The company's financial history, including prior debt financing rounds totaling $1.134 billion, indicates a consistent need for capital to fuel its operations and expansion efforts.

What is Concept Elevator Group?

Concept Elevator Group
ManufacturingIndustrial Machinery & EquipmentBuilding Materials

Concept Elevator Group, LLC is a specialized manufacturer and designer of elevator cabs and entrances, drawing upon over 15 years of industry experience. The company prioritizes quality, customer service, and innovation, aiming to deliver cost-effective solutions and maintain competitive lead times for its diverse clientele. Their comprehensive product line encompasses various cabs, ceilings, entrances, finishes, and handrails, suitable for a wide array of projects. Concept Elevator is dedicated to surpassing customer expectations while cultivating a secure and supportive internal work environment.

How much funding has Concept Elevator Group raised?

Concept Elevator Group has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$784K

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

Debt (2021): $784K led by PPP

Key Investors in Concept Elevator Group

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Concept Elevator Group?

The recent major strategic investment signifies a pivotal moment for Concept Elevator Group, likely enabling the company to accelerate its product development, expand its manufacturing capabilities, or enhance its market reach. Given the enterprise-level context of its total funding, this capital infusion is expected to support significant scaling initiatives and potentially explore new technological advancements in elevator cab design and manufacturing. The company's focus on innovation and customer satisfaction, coupled with this strategic financial backing, positions it for continued growth and market leadership.

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Frequently Asked Questions Regarding Concept Elevator Group Financial Insights

What are the most recent funding rounds that Concept Elevator Group has completed, and what were the funding rounds?
Concept Elevator Group has recently completed 2 funding rounds: Debt on Feb 11, 2021, Debt on Apr 15, 2020.
What is the total amount of funding Concept Elevator Group has raised to date?
Concept Elevator Group has raised a total of $1.1M in funding to date.
How many funding rounds has Concept Elevator Group completed?
Concept Elevator Group has completed 2 funding rounds.
How much funding did Concept Elevator Group raise in its most recent funding round?
Concept Elevator Group raised $784K in its most recent funding round.
Who are the lead investors in Concept Elevator Group's latest funding round?
The lead investor in Concept Elevator Group'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 Concept Elevator Group's history?
The largest funding round in Concept Elevator Group's history was $784K.
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