How Much Did Eastern Lock Service Raise?
Funding & Key Investors

Eastern Lock Service has successfully secured a significant capital injection, bringing its total funding to $14K. This latest infusion of $14K represents a strategic milestone for the Stonington-based security firm, positioning the company to accelerate its operational footprint across Connecticut and Rhode Island. By leveraging this moderate growth capital, the organization aims to solidify its market presence in the competitive physical security sector.

What is Eastern Lock Service?

Eastern Lock Service
ConstructionConstruction ManagementConsumer Services

Established in 2013, Eastern Lock Service has evolved into a cornerstone of regional security infrastructure. The firm provides a comprehensive suite of locksmith and access control solutions, ranging from high-security lock systems to sophisticated keyless entry and master key configurations. Serving a diverse clientele that includes commercial enterprises, municipal entities, and residential homeowners, the company distinguishes itself through a commitment to technical expertise and customer-centric service models. With over two decades of industry experience, the business maintains a strong competitive advantage by offering free site security analyses and a robust warranty program, ensuring long-term reliability for its stakeholders.

How much funding has Eastern Lock Service raised?

Eastern Lock Service has raised a total of $14K across 1 funding round:

2021

Debt

$14K

Debt (2021): $14K with participation from PPP

Key Investors in Eastern Lock Service

PPP

Public-Private Partnership

What's next for Eastern Lock Service?

With the recent influx of financing, Eastern Lock Service is well-positioned to scale its service delivery capabilities and invest in advanced security technologies. The current Series A/B growth stage suggests a transition toward broader market penetration and potential expansion of its service territory. Future strategic initiatives will likely focus on enhancing operational efficiency, upgrading technical equipment, and deepening its penetration within the municipal and commercial sectors. As the demand for integrated security solutions continues to rise, the company is prepared to leverage its established reputation to capture additional market share and drive sustainable long-term growth.

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Frequently Asked Questions Regarding Eastern Lock Service Financial Insights

What are the most recent funding rounds that Eastern Lock Service has completed, and what were the funding rounds?
Eastern Lock Service has recently completed 1 funding rounds: Debt on Mar 13, 2021.
What is the total amount of funding Eastern Lock Service has raised to date?
Eastern Lock Service has raised a total of $14K in funding to date.
How many funding rounds has Eastern Lock Service completed?
Eastern Lock Service has completed 1 funding rounds.
How much funding did Eastern Lock Service raise in its most recent funding round?
Eastern Lock Service raised $14K in its most recent funding round.
Who are the lead investors in Eastern Lock Service's latest funding round?
The lead investor in Eastern Lock 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 Eastern Lock Service's history?
The largest funding round in Eastern Lock Service's history was $14K.
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