How Much Did CORElectric Raise?
Funding & Key Investors

CORElectric has secured $73K in total financing, with a recent capital infusion of $73K designated for substantial expansion. This latest round of investment underscores the company's robust growth trajectory and its strategic positioning within the commercial and industrial electrical services sector.

What is CORElectric?

CORElectric
ConstructionConstruction ManagementArchitecture, Engineering & Design

CORElectric, Inc. stands as a prominent provider of comprehensive electrical services, catering to commercial and industrial clients across Santa Clarita and the broader Los Angeles region. Boasting over a quarter-century of operational expertise, the company excels in delivering a wide spectrum of electrical solutions. These include critical upgrades for power capacity, energy-efficient LED lighting installations, the deployment of electric vehicle charging infrastructure, and the provision of reliable backup power generators. CORElectric's client portfolio is notably diverse, encompassing commercial property management firms, faith-based organizations, assisted living facilities, and educational institutions. Each client relies on CORElectric's capacity for developing customized and dependable electrical systems, reflecting the company's commitment to superior quality and client satisfaction, ensuring all projects adhere to the highest benchmarks for safety and operational efficiency.

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 significant Series B/C stage backing, CORElectric is poised for accelerated growth and market penetration. The substantial expansion capital is expected to fuel strategic initiatives, potentially including the scaling of operations, enhancement of service offerings, and expansion into new geographic territories. This investment signals strong investor confidence in CORElectric's business model and its capacity to capitalize on the increasing demand for advanced electrical infrastructure solutions in commercial and industrial settings.

See full CORElectric company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Construction industry

Architecture, Engineering & DesignConstruction
Construction ManagementConstructionConsumer ServicesRepair Services
Civil Engineering ConstructionConstruction
Construction ManagementConstruction

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.
See more information about CORElectric