What is Power Access?
Power Access Corporation, a Connecticut-based manufacturer with over three decades of experience, specializes in automatic door openers designed to enhance accessibility for individuals with disabilities, particularly for side-hinged doors. The company's product portfolio includes both commercial and residential automatic door openers, alongside complementary control systems such as coded radio transmitters and wall switches. Power Access serves markets across the USA and Canada, providing thousands of door openers that significantly improve mobility for wheelchair and scooter users. The company also maintains a network of dealers to facilitate installation and ongoing service support.
How much funding has Power Access raised?
Power Access has raised a total of $33K across 1 funding round:
Debt
$33K
Debt (2021): $33K with participation from PPP
Key Investors in Power Access
PPP
Public-Private Partnership
What's next for Power Access?
With the recent substantial expansion capital, Power Access is poised for significant advancements. The company's strategic focus will likely involve scaling manufacturing capabilities, expanding its dealer network, and potentially developing next-generation accessibility technologies. This funding, occurring at a significant Series B/C stage, indicates investor confidence in Power Access's market position and its potential for continued innovation and market penetration in the vital accessibility sector.
See full Power Access company page