How Much Did Precision Elevator Raise?
Funding & Key Investors

Precision Elevator, a long-standing Vertical Transportation Specialist, has secured significant capital, with total funding reaching $121K. The company recently announced a major strategic investment of $121K, underscoring its established market presence and future growth potential in the elevator services sector.

What is Precision Elevator?

Precision Elevator
ConstructionConstruction ManagementConsumer Services

Precision Elevator Company, headquartered in Covington, LA, boasts over six decades of experience as a full-service Vertical Transportation Specialist. The firm offers comprehensive solutions encompassing commercial and residential maintenance, modernization, new installations, and accessibility products. With a strong emphasis on safety and a commitment to providing 24-hour emergency service, Precision Elevator serves clients across Southeast Louisiana and Southern Mississippi. As a locally owned, licensed, and insured entity, the company has built a reputation for professional and customer-centric service in the vertical transportation industry.

How much funding has Precision Elevator raised?

Precision Elevator has raised a total of $121K across 1 funding round:

2021

Debt

$121K

Debt (2021): $121K with participation from PPP

What's next for Precision Elevator?

The recent major strategic investment signals a new phase of expansion and development for Precision Elevator. This capital infusion is expected to fuel advancements in service offerings, potentially including technological upgrades for modernization projects and enhanced accessibility solutions. The company's focus on its established service areas in Louisiana and Mississippi, combined with this strategic backing, positions it for continued leadership and operational scaling within the competitive vertical transportation market.

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Frequently Asked Questions Regarding Precision Elevator Financial Insights

What are the most recent funding rounds that Precision Elevator has completed, and what were the funding rounds?
Precision Elevator has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Precision Elevator has raised to date?
Precision Elevator has raised a total of $121K in funding to date.
How many funding rounds has Precision Elevator completed?
Precision Elevator has completed 1 funding rounds.
How much funding did Precision Elevator raise in its most recent funding round?
Precision Elevator raised $121K in its most recent funding round.
Who are the lead investors in Precision Elevator's latest funding round?
The lead investor in Precision 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 Precision Elevator's history?
The largest funding round in Precision Elevator's history was $121K.
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