How Much Did Cool Ray Raise?
Funding & Key Investors

Cool Ray, a company specializing in enhancing outdoor living spaces, has secured $15K in total investment. The most recent financing round, valued at $15K, was characterized as moderate growth capital, signaling a strategic phase for the company's expansion. This capital infusion is expected to fuel further development and market penetration in its established territories.

What is Cool Ray?

Cool Ray
ConstructionConstruction Management

Cool Ray, LLC has established itself as a prominent provider of outdoor living enhancements, offering a comprehensive suite of products including custom-designed sunrooms, durable patio covers, and high-quality aluminum awnings. With a legacy spanning over five decades, the company serves homeowners across Ohio and Pennsylvania, focusing on delivering tailored solutions that elevate both home value and personal enjoyment. Their commitment to excellence is underscored by a Better Business Bureau A+ rating, reflecting a deep-seated dedication to customer satisfaction and professional integrity. The company's product range, primarily composed of vinyl and aluminum, is engineered for longevity and aesthetic appeal.

How much funding has Cool Ray raised?

Cool Ray has raised a total of $15K across 1 funding round:

2021

Debt

$15K

Debt (2021): $15K with participation from PPP

What's next for Cool Ray?

Operating within a Series A/B growth stage, Cool Ray is poised for significant expansion following its recent capital injection. The moderate growth capital secured is indicative of a strategy to scale operations, potentially through increased product line development, enhanced marketing efforts, or geographic expansion into adjacent markets. The company's long-standing experience and strong BBB rating provide a solid foundation for leveraging this investment to solidify its market position and capitalize on the growing demand for home improvement and outdoor living solutions.

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Frequently Asked Questions Regarding Cool Ray Financial Insights

What are the most recent funding rounds that Cool Ray has completed, and what were the funding rounds?
Cool Ray has recently completed 1 funding rounds: Debt on Mar 26, 2021.
What is the total amount of funding Cool Ray has raised to date?
Cool Ray has raised a total of $15K in funding to date.
How many funding rounds has Cool Ray completed?
Cool Ray has completed 1 funding rounds.
How much funding did Cool Ray raise in its most recent funding round?
Cool Ray raised $15K in its most recent funding round.
Who are the lead investors in Cool Ray's latest funding round?
The lead investor in Cool Ray'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 Cool Ray's history?
The largest funding round in Cool Ray's history was $15K.
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