How Much Did The Lardner Elevator Raise?
Funding & Key Investors

The Lardner Elevator has secured $150K in total capital, highlighted by a recent strategic investment of $150K on May 6, 2020. This significant financing round, categorized as large-scale late-stage funding, underscores the company's established market presence and its capacity for continued expansion.

What is The Lardner Elevator?

The Lardner Elevator
ConstructionConstruction ManagementConsumer Services

The Lardner Elevator Company, operating as an independent, union elevator contractor, has been a fixture in Southeast Michigan since 1958. The firm provides a comprehensive suite of services, encompassing new elevator installations, routine maintenance, critical repairs, modernization projects, and essential code compliance upgrades for both residential and commercial properties. A dedicated 24-hour service crew ensures the optimal functioning and prompt resolution of any issues across all elevator systems. Notably, Lardner Elevator distinguishes itself through its in-house capability to manage code compliance upgrades, a specialized service that sets it apart from many regional competitors.

How much funding has The Lardner Elevator raised?

The Lardner Elevator has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in The Lardner Elevator

PPP

Public-Private Partnership

What's next for The Lardner Elevator?

With its recent strategic investment and substantial total funding, The Lardner Elevator is well-positioned for its next phase of growth. The company's focus on essential services like maintenance, repairs, and modernization, coupled with its unique ability to handle code compliance upgrades, suggests a strategy centered on deepening its market penetration and enhancing its service offerings within the Southeast Michigan region. This capital infusion will likely support operational enhancements, potential expansion of its service fleet, and continued investment in its skilled workforce, solidifying its reputation as a reliable and capable elevator contractor.

See full The Lardner Elevator company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Construction ManagementConstruction
Civil Engineering ConstructionConstructionIndustrial Machinery & EquipmentManufacturing
Construction ManagementConstructionConsumer ServicesRepair Services
Construction ManagementConstruction

Frequently Asked Questions Regarding The Lardner Elevator Financial Insights

What are the most recent funding rounds that The Lardner Elevator has completed, and what were the funding rounds?
The Lardner Elevator has recently completed 1 funding rounds: Debt on May 6, 2020.
What is the total amount of funding The Lardner Elevator has raised to date?
The Lardner Elevator has raised a total of $150K in funding to date.
How many funding rounds has The Lardner Elevator completed?
The Lardner Elevator has completed 1 funding rounds.
How much funding did The Lardner Elevator raise in its most recent funding round?
The Lardner Elevator raised $150K in its most recent funding round.
Who are the lead investors in The Lardner Elevator's latest funding round?
The lead investor in The Lardner 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 The Lardner Elevator's history?
The largest funding round in The Lardner Elevator's history was $150K.
See more information about The Lardner Elevator