How Much Did Maryland Elevator Services Raise?
Funding & Key Investors

Maryland Elevator Services has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This significant backing underscores the company's established position in the elevator and escalator services market.

What is Maryland Elevator Services?

Maryland Elevator Services
ConstructionConstruction ManagementConsumer Services

Established in 1988, Maryland Elevator Services, Inc. is a key provider of sales, service, and maintenance for commercial and residential elevator and escalator systems across Maryland and Washington D.C. The company prides itself on employing highly-trained technicians, certified by the International Union of Elevator Constructors, who expertly manage over 1000 units. Their service portfolio includes preventive maintenance programs designed to boost safety and reduce operational costs for clients. Maryland Elevator Services offers a comprehensive range of elevator and accessibility products, serving a diverse clientele.

How much funding has Maryland Elevator Services raised?

Maryland Elevator Services has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

What's next for Maryland Elevator Services?

The recent strategic investment signals a phase of significant growth and potential expansion for Maryland Elevator Services. This capital infusion is likely to fuel advancements in service technology, fleet expansion, and potentially geographic reach. As a company with a long-standing reputation for expert service and a broad product offering, this latest round of financing positions Maryland Elevator Services for continued leadership and innovation within the vertical transportation industry.

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Frequently Asked Questions Regarding Maryland Elevator Services Financial Insights

What are the most recent funding rounds that Maryland Elevator Services has completed, and what were the funding rounds?
Maryland Elevator Services has recently completed 1 funding rounds: Debt on Apr 30, 2020.
What is the total amount of funding Maryland Elevator Services has raised to date?
Maryland Elevator Services has raised a total of $350K in funding to date.
How many funding rounds has Maryland Elevator Services completed?
Maryland Elevator Services has completed 1 funding rounds.
How much funding did Maryland Elevator Services raise in its most recent funding round?
Maryland Elevator Services raised $350K in its most recent funding round.
Who are the lead investors in Maryland Elevator Services's latest funding round?
The lead investor in Maryland Elevator 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 Maryland Elevator Services's history?
The largest funding round in Maryland Elevator Services's history was $350K.
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