How Much Did Elite Lock & Key Raise?
Funding & Key Investors

Elite Lock & Key has secured $20K in total investment, with a recent influx of $20K designated as substantial expansion capital. This financing round, occurring at a significant Series B/C stage, underscores the company's strategic growth trajectory in the secure access solutions market.

The company's latest funding event, a debt financing of $20M on February 12, 2021, from 'PPP', indicates a period of financial strengthening to support its operational scaling and market penetration efforts across its established service regions.

What is Elite Lock & Key?

Elite Lock & Key
Consumer ServicesRepair Services

Elite Lock & Key operates as a licensed locksmith service, providing comprehensive secure access solutions for residential, commercial, and automotive clients. With over four decades of experience, the company serves Maryland, Washington, DC, Virginia, and Southern Pennsylvania, distinguishing itself through state-of-the-art equipment and a commitment to prompt, solution-oriented service. Their expertise spans lock installation, advanced security systems, and emergency locksmith services, positioning them as a reliable provider in a critical infrastructure sector.

How much funding has Elite Lock & Key raised?

Elite Lock & Key has raised a total of $20K across 1 funding round:

2021

Debt

$20K

Debt (2021): $20K with participation from PPP

Key Investors in Elite Lock & Key

PPP

Public-Private Partnership

What's next for Elite Lock & Key?

The substantial expansion capital secured by Elite Lock & Key signals a strategic push towards broadening its service footprint and enhancing its technological capabilities. As a company operating at a significant Series B/C stage, this investment is likely earmarked for scaling operations, potentially through increased staffing, advanced security technology integration, and expanded marketing initiatives to capture a larger market share. The focus on expansion capital suggests a proactive approach to solidifying its position as a leading locksmith service provider in its operational territories, aiming for sustained growth and enhanced service delivery.

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Frequently Asked Questions Regarding Elite Lock & Key Financial Insights

What are the most recent funding rounds that Elite Lock & Key has completed, and what were the funding rounds?
Elite Lock & Key has recently completed 1 funding rounds: Debt on Feb 12, 2021.
What is the total amount of funding Elite Lock & Key has raised to date?
Elite Lock & Key has raised a total of $20K in funding to date.
How many funding rounds has Elite Lock & Key completed?
Elite Lock & Key has completed 1 funding rounds.
How much funding did Elite Lock & Key raise in its most recent funding round?
Elite Lock & Key raised $20K in its most recent funding round.
Who are the lead investors in Elite Lock & Key's latest funding round?
The lead investor in Elite Lock & Key'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 Elite Lock & Key's history?
The largest funding round in Elite Lock & Key's history was $20K.
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