The Elevator Consultants

What The Elevator Consultants does

The Elevator Consultants (TEC) is a privately-held, independent elevator and vertical transportation consulting firm founded in 2006 and operating from Tarpon Springs, Florida, with a Chicago-listed contact presence and an additional eight regional offices across Ohio, Florida (three regional offices), Maryland, Texas, Los Angeles, and San Francisco. The firm serves building owners, REITs, property managers, facility managers, hospitals, hotels, universities, condominium associations, architects, attorneys, and insurance adjusters through a 17-line service catalog spanning elevator consulting, due diligence, audits, modernization project management, maintenance contract review, vendor management, expert witness testimony, insurance claim analysis, inspections (including Chicago AIC certifications), traffic analysis, and obsolete parts identification. The practice is built around a documented 7-step methodology and emphasizes independent oversight free of manufacturer or service provider financial ties.

TEC's commercial model combines hourly consulting ($125-$200/hour), project-based flat fees ($1,000-$50,000), and monthly retainers ($500-$10,000) with a parallel SaaS software franchise. The branded software portfolio centers on ElevatorApp™ (a real-time maintenance, SLA, callback, and compliance tracking platform), supplemented by Elevator AIO™ (elevator monitoring module), FacilityAIO™ (portfolio-wide property maintenance monitoring), and Elevator IoT Solutions. SaaS pricing is tiered from a free Basic tier through a $5/elevator/month Pro tier to a custom Enterprise tier that includes API integration to CMMS and Building Management Systems. Distribution blends direct consultative field and inside sales with self-serve online signup, supported by content marketing, regional phone coverage, and referrals from attorneys and insurance partners.

The firm is privately owned with no disclosed parent company, investors, or funding transactions, and operates without disclosure of revenue, ARR, or headcount growth. Reported customer outcomes include average contract savings of 25-30%, a 10-150x first-year ROI on consulting fees, and cost-avoidance case examples in the tens to hundreds of thousands of dollars per elevator.

Name

The Elevator Consultants

Legal name

The Elevator Consultants

Website

https://theelevatorconsultant.com

Company type

Private

Founded year

2006

Operating status

Operating

Headcount range

11–50 employees

Short description

The Elevator Consultants (TEC) is an independent elevator and vertical transportation consulting firm founded in 2006 that provides audits, due diligence, modernization oversight, inspections, and expert witness services to building owners, REITs, property managers, hospitals, hotels, universities, condominium associations, attorneys, and insurers, supported by proprietary ElevatorApp, FacilityAIO, and IoT monitoring software.

Ownership category

akta.pro rank

Product category

Elevator and Vertical Transportation Consulting

SIC

Services-Management Consulting Services (8742)

akta.pro primary industry

Elevator Remote Monitoring & Predictive Maintenance (IoT/Connected Elevators) (BPABAIAH)

akta.pro secondary industry

Smart Elevators, Escalators & Vertical Transportation (HSAPAPAH)

Keywords

• Elevator consulting services
• Vertical transportation consulting
• Elevator due diligence
• Elevator audit services
• Elevator modernization consulting

Headquarters

HQ city

Chicago

HQ country

United States

HQ region

North America

Offices9 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Marketing or Sales, Technology or R&D, Infrastructure

Revenue model

1. Elevator Consulting Services: Professional consulting services including elevator audits, due diligence evaluations, maintenance contract reviews, modernization planning, and expert witness testimony. Delivered through project-based engagements, hourly consulting, and monthly retainer arrangements.
2. ElevatorApp Software Subscriptions: SaaS platform providing elevator maintenance monitoring and vendor accountability. Tiered pricing from free Basic to $5/elevator/month Pro to custom Enterprise pricing.
3. Elevator Service Request Coordination: Facilitates connection between buildings needing elevator service and qualified service providers, potentially generating referral or coordination fees.

Pricing tiers

Go-to-market motion1 record

Distribution channels4 records

Marketing channels7 records

Core offering

The Elevator Consultants provides independent elevator and vertical transportation consulting for building owners, REITs, property managers, hospitals, hotels, universities, condominium associations, attorneys, and insurance firms. Services span audits, due diligence, modernization planning, maintenance contract review, vendor management, inspections, expert witness testimony, and insurance claim support, delivered through hourly, project-based, and retainer engagements. The firm supplements these services with proprietary SaaS platforms ElevatorApp™ and FacilityAIO™, IoT monitoring tools, and AI-enhanced analytics.

Product overview

The Elevator Consultants operates as a consulting firm offering a software-enabled service platform centered around three proprietary software products: ElevatorApp™ (core real-time monitoring platform), Elevator AIO™ (monitoring module), and FacilityAIO™ (portfolio-wide property maintenance monitoring). These software products are complemented by professional consulting services including elevator consulting, due diligence, audits, modernization consulting, maintenance consulting, vendor management, new construction design, expert witness testimony, insurance claims support, inspections, traffic analysis, and obsolete parts identification. The software tier structure (Basic free tier, Pro at $5/elevator/month, Enterprise with API access) supports buildings from single properties to large portfolios, while consulting services are priced hourly ($125-$200) or as flat fees ($1,000-$50,000) depending on scope.

Differentiator

Problem solved

Functional benefit

Brands

• ElevatorApp: Real-time elevator maintenance management platform for tracking service, compliance, equipment location, and vendor performance across one or many properties.
• Elevator AIO
• FacilityAIO

Products and services

• Elevator Consulting Services Independent vertical transportation consulting for building owners, REITs, property managers, and institutional clients, delivering customized recommendations through a 7-step methodology and supported by AI-enhanced analytics, digital ride quality analysis, and thermal imaging.
• Elevator Due Diligence Critical evaluations of elevator, escalator, and vertical transportation systems for property acquisitions, sales, or refinancing, covering equipment condition, code compliance, deferred maintenance, and capital planning.
• Elevator Audits Comprehensive assessments of elevator systems including maintenance audits, equipment condition evaluations, performance testing, and ASME A17.1 and ADA code compliance reviews using digital ride quality analysis and thermal imaging.
• Elevator Modernization Consulting Project management and advisory for elevator modernization projects, including needs analysis, feasibility studies, specification development, bid management, and continuous oversight using ElevatorApp for project tracking.
• Elevator Maintenance Consulting Analysis and optimization of elevator maintenance contracts, including contract audits, specification development, and bid management to reduce costs and improve accountability.
• Elevator Management Services Portfolio oversight for building owners, REITs, and property managers to ensure proper maintenance, contract fulfillment monitoring, and cost control across multiple elevator systems.
• Elevator Vendor Management Oversight and management of elevator service provider relationships including contract negotiation, performance tracking, and SLA enforcement to ensure optimal service delivery.
• Elevator New Construction and Installation Design and new construction consulting for elevator, escalator, and moving walkway installation, including needs analysis, feasibility studies, traffic analysis, and bid management through project completion.
• Elevator Repair and Upgrades Review Review and analysis of repair quotes and upgrade proposals to determine necessity, verify coverage under maintenance contracts, and ensure cost-effective resolution.
• Elevator Expert Witness Services Expert witness and legal assistance for attorneys and insurance companies in elevator-related disputes, litigation, and accident cases involving vertical transportation.
• Elevator Insurance Claims Support Technical analysis and claims support for vertical transportation insurance disputes, including damage assessment, coverage interpretation, and repair cost verification.
• Elevator Inspection Services Certified inspection services for all vertical transportation types including third-party inspections, safety inspections, performance inspections, and Chicago AIC annual certifications by QEI-licensed inspectors.
• Elevator Traffic Analysis Traffic studies and analyses using proprietary methodology and algorithms to determine elevator intervals, wait times, and handling capacity for new construction design or existing building evaluation.
• Chicago Annual Inspection Certification Annual Inspection Certification services for Chicago buildings, performed by a licensed Qualified Elevator Inspector (QEI) to meet City of Chicago requirements.
• Obsolete Elevator Parts Identification Technical expertise and database resources to identify truly obsolete parts versus alternatives, providing solutions when service providers claim equipment is unavailable.
• Elevator IoT Solutions Internet of Things solutions for vertical transportation that apply modern connectivity and monitoring technologies to elevator systems for automation, tracking, and data collection.
• ElevatorApp™ SaaS Platform A real-time elevator maintenance management platform that tracks service activities, compliance documentation, equipment status, and vendor performance. Available in tiered subscriptions from a free Basic tier to Pro at $5 per elevator per month and custom Enterprise pricing with API integrations to CMMS and building systems.
• FacilityAIO™ Property Maintenance Monitoring Platform A platform that allows building owners and property managers to monitor all commercial property maintenance activity across one or hundreds of properties, supporting elevator equipment, repairs, and modernization tracking with full automation and customizable settings.

Quantifiable outcome

• Most clients achieve 10-150x ROI on consulting fees in the first year
• +11 more outcomes

Named customers14 records

Segments9 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

Yes

API docs

API detail

Core technology

AI maturity

App detail

Integration2 records

AI capability1 record

Feature5 records

Scale indicators5 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Lerch Bates: Lerch Bates is the largest independent elevator and vertical transportation consulting firm in North America, providing owner-side advisory, due diligence, modernization oversight, and maintenance contract review. It is the closest direct analogue to TEC's consulting practice and competes for the same building owner, REIT, and institutional client engagements.

Emerging players

• Aware Buildings: Aware Buildings provides a building analytics and IoT monitoring platform that tracks equipment performance and vendor SLAs across portfolios — overlapping with TEC's ElevatorApp/FacilityAIO SaaS offering in delivering real-time equipment visibility to building owners.
• Facilio: Facilio offers a unified facility management and building operations SaaS platform with vendor and maintenance analytics, positioning as a proptech alternative to TEC's FacilityAIO for owners seeking portfolio-wide equipment and service provider oversight.
• 75F: 75F provides IoT-based building automation and monitoring with predictive analytics for commercial HVAC and connected equipment — a smart-building competitor whose analytics stack partially overlaps with TEC's IoT/monitoring roadmap for vertical transportation.

Broad incumbents

• Otis: Otis is the world's largest elevator OEM and service provider, now bundling remote monitoring (Otis ONE) into its maintenance contracts. Otis competes with TEC both for service contracts (where it internalizes the role TEC plays as independent advisor) and through its increasingly capable digital platform versus ElevatorApp.
• KONE: KONE is a global elevator OEM with a 24/7 Connected Services monitoring offering and a deep maintenance footprint. KONE competes with TEC on the maintenance vendor side and increasingly offers digital services that overlap with TEC's independent monitoring value proposition.
• Schindler: Schindler is a global elevator and escalator OEM whose Schindler Ahead digital ecosystem delivers IoT monitoring and predictive maintenance as a bundled service. Schindler competes with TEC for service contracts and presents a same-vendor alternative to TEC's independent advocacy model.
• thyssenkrupp Elevator Technology: thyssenkrupp Elevator (TK Elevator) is a major global elevator OEM and service provider with the MAX predictive maintenance platform. TK Elevator's bundled digital offerings represent an OEM-side alternative to TEC's independent monitoring and consulting value proposition for building owners.
• Honeywell Building Technologies: Honeywell's Building Technologies division provides large-scale building automation, BMS, and equipment monitoring platforms. As a broad incumbent, Honeywell competes for the same facility and property management budgets that drive TEC's customers' purchasing decisions on monitoring and oversight tools.
• Johnson Controls: Johnson Controls is a global provider of building systems, services, and digital platforms (OpenBlue) covering HVAC, security, and equipment monitoring. As an incumbent BMS vendor, Johnson Controls competes for the portfolio-wide monitoring and vendor-management budgets that anchor TEC's FacilityAIO and consulting engagements.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/ElevatorData
• YouTubeyoutube.com/@elevatorconsultants3442
• Facebookfacebook.com/ElevatorConsultant
• LinkedInlinkedin.com/company/the-elevator-consultants

Revenue estimate

Valuation estimate

Number of profiles

Profiles1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about The Elevator Consultants