How Much Did Pride Raise?
Funding & Key Investors

Pride, a prominent elevator services provider, has recently secured a $2M in a major strategic investment, contributing to its substantial $2M in overall capital raised. This significant financial infusion underscores the company's established market presence and its trajectory for continued expansion within the competitive elevator maintenance and modernization sector.

What is Pride?

Pride
ConstructionConstruction ManagementConsumer Services

Pride and Service Elevator operates as a full-service elevator company with nearly four decades of experience across New York and New Jersey. Their expertise spans maintenance, modernization, repair, and compliance testing, catering to both commercial and residential clients. The company distinguishes itself by emphasizing employee empowerment as a driver for superior customer service and responsiveness, aiming to enhance the value and operational efficiency of elevator equipment through ethical practices and a focus on performance.

How much funding has Pride raised?

Pride has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for Pride?

The recent major strategic investment signals a pivotal phase for Pride and Service Elevator, likely enabling accelerated growth initiatives, technological advancements in modernization services, or expansion into new geographic markets. This capital injection is expected to bolster their capacity to meet increasing demand for reliable elevator solutions and compliance testing, reinforcing their position as a key player in the regional elevator services industry. Further strategic capital deployment will be crucial for sustaining their competitive edge and operational excellence.

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Frequently Asked Questions Regarding Pride Financial Insights

What are the most recent funding rounds that Pride has completed, and what were the funding rounds?
Pride has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding Pride has raised to date?
Pride has raised a total of $2M in funding to date.
How many funding rounds has Pride completed?
Pride has completed 1 funding rounds.
How much funding did Pride raise in its most recent funding round?
Pride raised $2M in its most recent funding round.
Who are the lead investors in Pride's latest funding round?
The lead investor in Pride'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 Pride's history?
The largest funding round in Pride's history was $2M.
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