How Much Did Cool Ray Raise?
Funding & Key Investors

Cool Ray, LLC has successfully secured a significant infusion of capital to bolster its market position in the residential infrastructure sector. With a total historical investment reaching $15K, the firm recently finalized a round of moderate growth capital totaling $15K. This financial milestone underscores the company's sustained operational trajectory and its ability to attract institutional backing to support its long-standing presence in the Ohio and Pennsylvania markets.

What is Cool Ray?

Cool Ray
ConstructionConstruction Management

Cool Ray, LLC operates as a specialized provider of high-quality outdoor living solutions, including custom-engineered patio covers, deck enclosures, aluminum awnings, and durable carports. With a legacy spanning over five decades, the company has established a reputation for technical competence and design precision, evidenced by its A+ rating from the Better Business Bureau. By focusing on bespoke residential enhancements, Cool Ray effectively bridges the gap between functional home improvement and long-term property value appreciation, serving a diverse client base that prioritizes durability and aesthetic integration in their outdoor spaces.

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

Key Investors in Cool Ray

PPP

Public-Private Partnership

What's next for Cool Ray?

The recent injection of capital is strategically positioned to accelerate the company's operational scaling and service delivery capabilities. As Cool Ray transitions through its current growth phase, the focus will likely shift toward optimizing supply chain efficiencies and expanding its footprint within the competitive home improvement landscape. By leveraging this financing, the firm is well-equipped to modernize its manufacturing processes and potentially broaden its service offerings, ensuring that it remains a preferred partner for homeowners seeking high-end, custom-designed outdoor infrastructure. The company's commitment to professional excellence remains the cornerstone of its long-term value proposition.

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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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