How Much Did Motion Elevator Raise?
Funding & Key Investors

Motion Elevator has secured $350K in total capital, with its most recent financing round bringing in $350K. This significant investment underscores the company's established position and potential for future growth within the elevator services sector.

The company's latest funding event, described as a major strategic investment, signals a new phase of development and operational enhancement for Motion Elevator.

What is Motion Elevator?

Motion Elevator
ConstructionConstruction ManagementConsumer Services

Motion Elevator, an Axxiom Elevator Company, is a specialized provider of elevator repair, maintenance, and modernization services. Operating across South Florida since its establishment in 1995, the company serves a broad spectrum of clients, including commercial properties, healthcare facilities, hotels, and residential complexes. Motion Elevator is dedicated to ensuring the safety and regulatory compliance of vertical transportation systems, offering 24/7 emergency support and competitive pricing for all elevator brands. Their commitment lies in optimizing the performance and reliability of these critical systems.

How much funding has Motion Elevator raised?

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

2020

Debt

$350K

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

Key Investors in Motion Elevator

PPP

Public-Private Partnership

What's next for Motion Elevator?

With a history of consistent operations and a recent strategic investment, Motion Elevator is poised for significant expansion and service enhancement. The substantial capital infusion, indicated by $350K, suggests a strategic move towards scaling operations, potentially through technological upgrades, expanded service areas, or increased workforce capacity. This late-stage funding context points towards a focus on solidifying market leadership and driving innovation in elevator maintenance and modernization, ensuring continued safety and efficiency for their diverse clientele.

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Frequently Asked Questions Regarding Motion Elevator Financial Insights

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