How Much Did McNally Elevator Raise?
Funding & Key Investors

McNally Elevator has secured $350K in total capital, with a recent strategic investment of $350K announced on April 14, 2020. This significant financing underscores the company's established position in the elevator and lift market.

What is McNally Elevator?

McNally Elevator
ConstructionConstruction ManagementConsumer Services

McNally Elevator Company, a long-standing entity in West Michigan since 1950, provides comprehensive solutions for commercial and residential elevators and lifts. Their offerings include specialized products such as stairlifts, wheelchair lifts, and dumbwaiters, alongside robust sales, service, repair, and modernization of elevator systems. The company is dedicated to enhancing accessibility and convenience for a diverse clientele, backed by a commitment to exceptional customer service and 24-hour on-call support for all elevator-related needs.

How much funding has McNally Elevator raised?

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

2020

Debt

$350K

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

Key Investors in McNally Elevator

PPP

Public-Private Partnership

What's next for McNally Elevator?

The recent major strategic investment, within the context of large-scale late-stage funding, suggests McNally Elevator is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel advancements in product modernization, service capabilities, and potentially geographic reach. The company's focus on accessibility and comprehensive support positions it well to capitalize on growing market demands for reliable and advanced vertical transportation solutions.

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Frequently Asked Questions Regarding McNally Elevator Financial Insights

What are the most recent funding rounds that McNally Elevator has completed, and what were the funding rounds?
McNally Elevator has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding McNally Elevator has raised to date?
McNally Elevator has raised a total of $350K in funding to date.
How many funding rounds has McNally Elevator completed?
McNally Elevator has completed 1 funding rounds.
How much funding did McNally Elevator raise in its most recent funding round?
McNally Elevator raised $350K in its most recent funding round.
Who are the lead investors in McNally Elevator's latest funding round?
The lead investor in McNally Elevator'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 McNally Elevator's history?
The largest funding round in McNally Elevator's history was $350K.
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