How Much Did Power Access Raise?
Funding & Key Investors

Power Access has secured $33K in total investment, with a recent financing round of $33K designated for substantial expansion capital. This latest infusion of capital positions the company to further its growth trajectory in the accessibility solutions market.

What is Power Access?

Power Access
ManufacturingTest & Measurement EquipmentIndustrial Machinery & Equipment

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:

2021

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.

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Frequently Asked Questions Regarding Power Access Financial Insights

What are the most recent funding rounds that Power Access has completed, and what were the funding rounds?
Power Access has recently completed 1 funding rounds: Debt on Mar 26, 2021.
What is the total amount of funding Power Access has raised to date?
Power Access has raised a total of $33K in funding to date.
How many funding rounds has Power Access completed?
Power Access has completed 1 funding rounds.
How much funding did Power Access raise in its most recent funding round?
Power Access raised $33K in its most recent funding round.
Who are the lead investors in Power Access's latest funding round?
The lead investor in Power Access'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 Power Access's history?
The largest funding round in Power Access's history was $33K.
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