How Much Did CORElectric Raise?
Funding & Key Investors

CORElectric has secured $73K in total capital, with a recent infusion of $73K designated for substantial expansion. This financing round, occurring at a significant Series B/C stage, underscores the company's robust growth trajectory and its strategic importance in the commercial and industrial electrical services sector.

What is CORElectric?

CORElectric
ConstructionConstruction ManagementArchitecture, Engineering & Design

CORElectric, Inc. stands as a prominent provider of specialized electrical services across Santa Clarita and the broader Los Angeles area. Boasting over 25 years of operational expertise, the company excels in delivering comprehensive electrical solutions. Their service portfolio encompasses critical upgrades such as power capacity enhancements, modern LED lighting installations, electric vehicle charging infrastructure, and reliable backup power generation systems. CORElectric serves a diverse clientele, including commercial property management firms, religious institutions, assisted living communities, and educational establishments, all of whom depend on the company for customized and dependable electrical systems designed for safety and 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

What's next for CORElectric?

The recent capital injection positions CORElectric for significant scaling and operational enhancement. With substantial expansion capital, the company is poised to broaden its service offerings, potentially invest in new technologies, and expand its geographic reach within the lucrative Southern California market. This strategic financing is expected to fuel further development in areas like EV charging infrastructure and advanced power solutions, reinforcing its market leadership and commitment to meeting the evolving electrical needs of commercial and industrial clients.

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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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