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How Much Did COIT Raise?
Funding & Key Investors

COIT has secured $2M in total capital, with its most recent financing round bringing in $2M through a major strategic investment. This significant backing underscores the company's established presence and ongoing development within the residential services sector.

What is COIT?

COIT
Consumer ServicesCleaning Services

Founded over fifty years ago by Lou Kearn, COIT originated from a specialized need within the dry cleaning business for drapery care. Expanding from its San Francisco roots, named after the iconic Coit Tower, the company has evolved into a comprehensive provider of residential cleaning and maintenance services. Its offerings now span carpet and upholstery cleaning, air duct maintenance, and specialized care for hardwood and stone floors, tile, and countertops. This diversification reflects a strategic approach to capturing a broader market share in home services.

How much funding has COIT raised?

COIT has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for COIT?

The recent major strategic investment signals a pivotal moment for COIT, likely enabling further expansion of its service offerings, geographic reach, or technological advancements in cleaning and maintenance. Given the company's long history and established brand, this capital infusion is expected to fuel growth and reinforce its competitive position in the enterprise-level residential services market. Future developments may include enhanced digital customer engagement, new service line introductions, or strategic acquisitions to broaden its operational footprint.

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Frequently Asked Questions Regarding COIT Financial Insights

What are the most recent funding rounds that COIT has completed, and what were the funding rounds?
COIT has recently completed 1 funding rounds: Debt on Apr 27, 2020. What is the total amount of funding COIT has raised to date?
COIT has raised a total of $2M in funding to date. How many funding rounds has COIT completed?
COIT has completed 1 funding rounds. How much funding did COIT raise in its most recent funding round?
COIT raised $2M in its most recent funding round. Who are the lead investors in COIT's latest funding round?
The lead investor in COIT'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 COIT's history?
The largest funding round in COIT's history was $2M.
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