About Bounds Elevator
Bounds Elevator is a company based in Madisonville (United States) founded in 1953 by Tim Bounds was acquired by Elevator Service in April 2024.. Bounds Elevator operates in a competitive market with competitors including KONE, TK Elevator, Schindler, Savaria and ATIS Elevator Inspections, among others.
- Headquarter Madisonville, United States
- Founders Tim Bounds
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Sectors
Business Services
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Elevator Service
(Apr 02, 2024)
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Funding Insights of Bounds Elevator
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Bounds Elevator
Bounds Elevator has secured backing from 1 investor. Prominent investors backing the company include Elevator Service. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Elevator services are provided in Grand Rapids since 1987.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Bounds Elevator
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Bounds Elevator
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Bounds Elevator Comparisons
Competitors of Bounds Elevator
Bounds Elevator operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as KONE, TK Elevator, Schindler, Savaria and ATIS Elevator Inspections, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Elevators, escalators, and maintenance services for buildings are provided.
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| domain | founded_year | HQ Location |
Management consulting, business, and infrastructure services are provided.
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| domain | founded_year | HQ Location |
Elevator maintenance and repair services are provided worldwide.
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| domain | founded_year | HQ Location |
Lifts and elevators are manufactured and supplied by Savaria.
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| domain | founded_year | HQ Location |
Provider of premier elevator inspection services
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| domain | founded_year | HQ Location |
Manufactures and installs lifts and escalators for buildings and infrastructure.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Bounds Elevator
When was Bounds Elevator founded?
Bounds Elevator was founded in 1953.
Where is Bounds Elevator located?
Bounds Elevator is headquartered in Madisonville, United States. It is registered at Madisonville, Kentucky, United States.
What does Bounds Elevator do?
Bounds Elevator was established in 1953 by founder Tim Bounds in Madisonville, United States. Operations are centered on the maintenance and servicing of elevator systems within the building infrastructure sector. Services include routine inspections, repairs, and compliance checks to support vertical transportation needs. The company maintains a presence in the regional market, addressing requirements for commercial and residential properties.
Who are the top competitors of Bounds Elevator?
Bounds Elevator's top competitors include KONE, TK Elevator and Schindler.
Who are Bounds Elevator's investors?
Bounds Elevator has 1 investor. Key investors include Elevator Service.