Otis Elevator Co., a name synonymous with vertical transportation for over 160 years, has secured $430K in seed funding. The capital infusion marks an early-stage investment for the established firm, which has long defined how people move through urban environments with its industry-leading elevators, escalators, and moving walkways.
For generations, Otis has been dedicated to connecting people to the places that matter, continually reinventing the way passengers navigate the urban world. This seed round provides fresh capital for the company behind some of the most ubiquitous mobility solutions in cities globally.
