How Much Did Superior Elevator Technologies Raise?
Funding & Key Investors

Superior Elevator Technologies has secured $350K in total capital, with its most recent funding round bringing in $350K. This significant investment underscores the company's established position in the elevator services market and its trajectory within the large-scale, late-stage funding landscape. The recent capital infusion is characterized as a major strategic investment, signaling confidence in the company's future growth and operational capabilities.

What is Superior Elevator Technologies?

Superior Elevator Technologies
ConstructionConstruction ManagementConsumer Services

Superior Elevator Technologies Corp. is a comprehensive elevator service provider headquartered in The Bronx, New York. Established in 2010 by industry veteran Danny Lane, the company offers a full spectrum of services, including elevator maintenance, installation, modernization, and repair. Holding key New York City licenses, Superior Elevator Technologies is authorized to conduct or oversee all Department of Buildings inspections, address code violations, and ensure compliant elevator operations. The company is a member of prominent industry organizations such as the Elevator Conference of New York and the National Association of Elevator Contractors, highlighting its commitment to industry standards and professional practices. With technicians possessing over thirty years of collective experience, Superior Elevator Technologies prioritizes prompt and professional service, aiming for exceptional customer satisfaction.

How much funding has Superior Elevator Technologies raised?

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

2020

Debt

$350K

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

What's next for Superior Elevator Technologies?

With the recent strategic investment and its substantial total funding, Superior Elevator Technologies is poised for continued expansion and service enhancement. The company's focus on core services like maintenance, installation, and modernization, coupled with its strong regulatory compliance and experienced team, positions it well for scaling operations within the competitive New York City market. Future strategic initiatives are likely to involve leveraging this capital to broaden its service reach, invest in new technologies for elevator systems, and potentially explore new geographic markets or service verticals within the building infrastructure sector.

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Frequently Asked Questions Regarding Superior Elevator Technologies Financial Insights

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