How Much Did CORElectric Raise?
Funding & Key Investors

CORElectric has successfully secured a significant capital injection, bringing its total funding to $73K. This latest financing round, which accounts for $73K, underscores the firm's robust position within the competitive Los Angeles electrical services market. By leveraging this substantial expansion capital, the company is well-positioned to scale its operations and enhance its service delivery capabilities across the greater Southern California region.

What is CORElectric?

CORElectric
ConstructionConstruction ManagementArchitecture, Engineering & Design

CORElectric, Inc. operates as a premier provider of comprehensive electrical infrastructure solutions, catering to a diverse portfolio of commercial and industrial clients. With a legacy spanning over 25 years, the firm has established itself as a critical partner for property management entities, educational institutions, and healthcare facilities. Their core competencies include complex power capacity upgrades, large-scale LED lighting retrofits, the installation of electric vehicle charging networks, and the deployment of mission-critical backup power systems. By prioritizing safety, regulatory compliance, and operational efficiency, CORElectric serves as a foundational pillar for organizations requiring reliable and scalable energy systems in an increasingly electrified economy.

How much funding has CORElectric raised?

CORElectric has raised a total of $73K across 1 funding round:

2021

Debt

$73K

Debt (2021): $73K with participation from PPP

Key Investors in CORElectric

PPP

Public-Private Partnership

What's next for CORElectric?

With the infusion of this recent investment, CORElectric is poised to accelerate its strategic growth initiatives. The company is expected to focus on expanding its footprint in the industrial sector, particularly through the integration of advanced energy management technologies and the scaling of its EV infrastructure division. As the demand for resilient power systems continues to rise, CORElectric is strategically aligned to capture additional market share by modernizing aging electrical grids and supporting the transition toward sustainable energy solutions. This capital deployment will likely facilitate operational enhancements, allowing the firm to maintain its high standards of service while meeting the evolving needs of its institutional clientele.

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Frequently Asked Questions Regarding CORElectric Financial Insights

What are the most recent funding rounds that CORElectric has completed, and what were the funding rounds?
CORElectric has recently completed 1 funding rounds: Debt on Feb 5, 2021.
What is the total amount of funding CORElectric has raised to date?
CORElectric has raised a total of $73K in funding to date.
How many funding rounds has CORElectric completed?
CORElectric has completed 1 funding rounds.
How much funding did CORElectric raise in its most recent funding round?
CORElectric raised $73K in its most recent funding round.
Who are the lead investors in CORElectric's latest funding round?
The lead investor in CORElectric'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 CORElectric's history?
The largest funding round in CORElectric's history was $73K.
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