How Much Did Hankin Specialty Elevators Raise?
Funding & Key Investors

Hankin Specialty Elevators has secured $747K in total capital, with its most recent financing round bringing in $397K in a major strategic investment. This significant backing underscores the company's established presence and ongoing development within the specialized elevator services sector.

What is Hankin Specialty Elevators?

Hankin Specialty Elevators
ConstructionConstruction ManagementConsumer Services

Hankin Specialty Elevators is a distinguished provider of elevator installation and repair services, catering to both commercial and residential clients across Northern California and Nevada. Boasting over three decades of industry experience, the company excels in offering a comprehensive range of solutions, including home elevators, commercial elevators, vertical platform lifts, and inclined platform lifts. As an authorized representative for prominent manufacturers such as Garaventa Lift and Pneumatic Vacuum Elevator, Hankin Specialty Elevators guarantees the delivery of high-quality products and professional services. They provide complimentary consultations to assist clients in identifying the most suitable elevator systems for their unique requirements, positioning them as a key player in the accessibility and building infrastructure market.

How much funding has Hankin Specialty Elevators raised?

Hankin Specialty Elevators has raised a total of $747K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$397K

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

Debt (2021): $397K led by PPP

What's next for Hankin Specialty Elevators?

The recent major strategic investment signals a pivotal phase for Hankin Specialty Elevators, likely aimed at expanding its operational footprint and enhancing its service capabilities. This capital infusion is expected to fuel further growth, potentially through market penetration into new territories or the adoption of advanced installation and maintenance technologies. The company's focus on specialized lifts and strong manufacturer partnerships positions it for sustained development and increased market share in the competitive elevator industry.

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Frequently Asked Questions Regarding Hankin Specialty Elevators Financial Insights

What are the most recent funding rounds that Hankin Specialty Elevators has completed, and what were the funding rounds?
Hankin Specialty Elevators has recently completed 2 funding rounds: Debt on Feb 26, 2021, Debt on Apr 29, 2020.
What is the total amount of funding Hankin Specialty Elevators has raised to date?
Hankin Specialty Elevators has raised a total of $747K in funding to date.
How many funding rounds has Hankin Specialty Elevators completed?
Hankin Specialty Elevators has completed 2 funding rounds.
How much funding did Hankin Specialty Elevators raise in its most recent funding round?
Hankin Specialty Elevators raised $397K in its most recent funding round.
Who are the lead investors in Hankin Specialty Elevators's latest funding round?
The lead investor in Hankin Specialty Elevators'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 Hankin Specialty Elevators's history?
The largest funding round in Hankin Specialty Elevators's history was $397K.
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