About Metro Elevator
Metro Elevator is a company based in Hopkins (United States) founded in 1990 was acquired by Elevator Service in September 2023.. Metro Elevator offers products and services including Elevator Maintenance, Elevator Repair, Elevator Modernization, and Elevator Testing. Metro Elevator operates in a competitive market with competitors including Schindler, KONE, TK Elevator, Savaria and ATIS Elevator Inspections, among others.
- Headquarter Hopkins, United States
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Sectors
Business Services
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Email
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Phone
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Website
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Social
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- Legal Name Metro Elevator, Inc.
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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
(Sep 05, 2023)
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Products & Services of Metro Elevator
Metro Elevator offers a comprehensive portfolio of products and services, including Elevator Maintenance, Elevator Repair, Elevator Modernization, and Elevator Testing. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Regular preventative maintenance for commercial elevators
Prompt repairs to minimize elevator downtime
Upgrades for efficiency and safety compliance
Annual inspections to meet state regulations
Funding Insights of Metro 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 Metro Elevator
Metro 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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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Metro 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 - Metro 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 |
Metro Elevator Comparisons
Competitors of Metro Elevator
Metro 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 Schindler, KONE, TK Elevator, 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 |
Elevator maintenance and repair services are provided worldwide.
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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 |
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 |
Provides comprehensive solutions for vacuum home lifts and residential elevators.
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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 Metro Elevator
When was Metro Elevator founded?
Metro Elevator was founded in 1990.
Where is Metro Elevator located?
Metro Elevator is headquartered in Hopkins, United States. It is registered at Hopkins, Minnesota, United States.
What does Metro Elevator do?
Metro Elevator was founded in 1990 and is based in Hopkins, United States. Services in the elevator industry include maintenance, repair, code upgrades, and modernization for commercial installations. Hydraulic and traction elevators are installed for both commercial and residential applications. Operations focus on compliance with current industry standards and regulations.
Who are the top competitors of Metro Elevator?
Metro Elevator's top competitors include KONE, TK Elevator and Schindler.
What products or services does Metro Elevator offer?
Metro Elevator offers Elevator Maintenance, Elevator Repair, Elevator Modernization, and Elevator Testing.
Who are Metro Elevator's investors?
Metro Elevator has 1 investor. Key investors include Elevator Service.