What is Hoisting?
Established in 1961, Hoisting has evolved into a critical partner for large-scale development projects throughout New York, New Jersey, and Connecticut. The firm specializes in the provision of high-performance scaffolding, industrial hoists, and complex temporary structures. With over six decades of operational expertise, the company distinguishes itself through a rigorous commitment to safety protocols and project efficiency. By integrating advanced equipment rental solutions with a collaborative team-based approach, Hoisting ensures that complex construction sites maintain strict adherence to both budgetary constraints and aggressive project timelines.
How much funding has Hoisting raised?
Hoisting has raised a total of $829K across 2 funding rounds:
Debt
$350K
Debt
$479K
Debt (2020): $350K with participation from PPP
Debt (2021): $479K led by PPP
Key Investors in Hoisting
PPP
Public-Private Partnership
What's next for Hoisting?
With the recent influx of capital, Hoisting is positioned to accelerate its modernization initiatives and expand its inventory of specialized construction assets. The strategic focus will likely shift toward enhancing digital logistics for equipment deployment and scaling its service capacity to meet the rising demand for urban infrastructure renewal. As the firm navigates the current enterprise-level growth phase, the emphasis remains on maintaining its reputation for reliability while exploring new technological integrations that optimize site safety and operational throughput in an increasingly competitive construction landscape.
See full Hoisting company page
