What is Coranet?
Coranet Corp. stands as a prominent IT infrastructure integrator and low voltage contractor, boasting over 35 years of operational expertise. The company specializes in delivering comprehensive solutions across network infrastructure, security technology, and audio-visual systems. Serving a diverse clientele in sectors such as hospitality, manufacturing, and multifamily residential, Coranet's service portfolio encompasses structured cabling, WiFi deployment, and security integration. Their core mission revolves around empowering businesses through advanced technology adoption and cultivating robust partnerships with leading technology providers, driven by a commitment to excellence, integrity, and enabling seamless connectivity.
How much funding has Coranet raised?
Coranet has raised a total of $1.3M across 2 funding rounds:
Debt
$1M
Private Equity
$250K
Debt (2020): $1M with participation from PPP
Private Equity (2025): $250K, investors not publicly disclosed
Key Investors in Coranet
PPP
Public-Private Partnership
What's next for Coranet?
The recent major strategic investment signifies Coranet's readiness for its next phase of expansion, likely focusing on scaling its service offerings and deepening its market penetration. This capital infusion is expected to fuel advancements in their technological capabilities and potentially broaden their geographic reach. Coranet's established track record and focus on critical IT infrastructure suggest a strategic direction aimed at capturing greater market share within the enterprise sector, potentially through enhanced service delivery models and strategic acquisitions.
See full Coranet company page
