How Much Did Elgin Sweeping Services Raise?
Funding & Key Investors

Elgin Sweeping Services has secured $1M in total capital, with a recent strategic investment of $1M underscoring its significant market position. This major enterprise-level funding round signals a new phase of growth and operational expansion for the established service provider.

What is Elgin Sweeping Services?

Elgin Sweeping Services
Business ServicesField Service ManagementConsumer Services

Founded in 1970, Elgin Sweeping Services is a comprehensive provider of infrastructure maintenance solutions. The company offers a wide array of services including road sweeping, parking lot upkeep, rail yard maintenance, pavement marking, vehicle leasing, and snow removal. Elgin serves a diverse clientele, ranging from small businesses and private entities to municipalities and state highway agencies. Its operational capacity is supported by a robust fleet of over 100 deployable equipment units, more than 150 licensed and certified operators, and a dedicated 24-hour service garage, ensuring consistent and reliable service delivery.

How much funding has Elgin Sweeping Services raised?

Elgin Sweeping Services has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Elgin Sweeping Services

PPP

Public-Private Partnership

What's next for Elgin Sweeping Services?

The recent major strategic investment positions Elgin Sweeping Services for accelerated development and enhanced service capabilities. This capital infusion is expected to fuel the expansion of its fleet, technological upgrades, and potentially broaden its geographic reach. The company's long-standing history and diverse service portfolio, combined with this significant backing, suggest a strategic focus on solidifying its leadership in infrastructure maintenance and potentially exploring new service verticals within the municipal and enterprise sectors.

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Frequently Asked Questions Regarding Elgin Sweeping Services Financial Insights

What are the most recent funding rounds that Elgin Sweeping Services has completed, and what were the funding rounds?
Elgin Sweeping Services has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Elgin Sweeping Services has raised to date?
Elgin Sweeping Services has raised a total of $1M in funding to date.
How many funding rounds has Elgin Sweeping Services completed?
Elgin Sweeping Services has completed 1 funding rounds.
How much funding did Elgin Sweeping Services raise in its most recent funding round?
Elgin Sweeping Services raised $1M in its most recent funding round.
Who are the lead investors in Elgin Sweeping Services's latest funding round?
The lead investor in Elgin Sweeping Services'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 Elgin Sweeping Services's history?
The largest funding round in Elgin Sweeping Services's history was $1M.
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