How Much Did McElheney Locksmiths Raise?
Funding & Key Investors

McElheney Locksmiths has successfully secured a significant capital injection, bringing its total cumulative financing to $363K. This latest infusion of $213K represents a major strategic investment aimed at bolstering the firm's operational capacity within the competitive security services sector. By leveraging this debt-based financing, the company is positioned to accelerate its market penetration and enhance its service delivery infrastructure across its primary service regions.

The recent capital allocation underscores the firm's commitment to scaling its specialized security offerings. As the organization transitions through this late-stage growth phase, the influx of resources provides the necessary liquidity to optimize supply chain management and expand its inventory of high-grade locking devices and surveillance technology.

What is McElheney Locksmiths?

McElheney Locksmiths
RetailConvenience Stores, Gas Stations & Liquor StoresConsumer Services

McElheney Locksmiths, operating as a cornerstone of security solutions in Toledo, OH, provides a robust portfolio of residential and commercial protection services. The company specializes in the distribution and installation of advanced access control systems, high-security safes, and comprehensive surveillance camera networks. By maintaining a diverse inventory that includes both new and refurbished security hardware, the firm effectively addresses the nuanced requirements of a broad client base ranging from individual homeowners to large-scale commercial enterprises. Their market position is defined by a focus on reliability and technical expertise in physical security integration.

How much funding has McElheney Locksmiths raised?

McElheney Locksmiths has raised a total of $363K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$213K

Debt (2020): $150K with participation from PPP

Debt (2021): $213K led by PPP

Key Investors in McElheney Locksmiths

PPP

Public-Private Partnership

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

Undisclosed Investors

What's next for McElheney Locksmiths?

With the recent strategic investment, McElheney Locksmiths is poised to modernize its service delivery model and expand its footprint in the regional security market. The company is expected to prioritize the integration of smart-access technologies and the scaling of its commercial surveillance division. By utilizing this capital to refine its operational efficiency, the firm aims to solidify its reputation as a premier provider of integrated security solutions. Future growth will likely center on enhancing technical support capabilities and expanding the reach of its specialized locksmithing services to meet the rising demand for sophisticated asset protection in both the private and public sectors.

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Frequently Asked Questions Regarding McElheney Locksmiths Financial Insights

What are the most recent funding rounds that McElheney Locksmiths has completed, and what were the funding rounds?
McElheney Locksmiths has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 15, 2020.
What is the total amount of funding McElheney Locksmiths has raised to date?
McElheney Locksmiths has raised a total of $363K in funding to date.
How many funding rounds has McElheney Locksmiths completed?
McElheney Locksmiths has completed 2 funding rounds.
How much funding did McElheney Locksmiths raise in its most recent funding round?
McElheney Locksmiths raised $213K in its most recent funding round.
Who are the lead investors in McElheney Locksmiths's latest funding round?
The lead investor in McElheney Locksmiths'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 McElheney Locksmiths's history?
The largest funding round in McElheney Locksmiths's history was $213K.
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