How Much Did Corey Electric Raise?
Funding & Key Investors

Corey Electric has secured $138K in total capital, with a recent major strategic investment of $138K marking a significant milestone for the established electrical contractor. This large-scale late-stage funding underscores the company's robust market position and future growth potential in the contracting sector.

What is Corey Electric?

Corey Electric
ConstructionConstruction Management

Founded in 1976 and headquartered in Westbrook, Maine, Corey Electric is a seasoned provider of professional electrical services. The company employs licensed electricians and serves customers across Southern and Central Maine, building on over three decades of operational history. Its commitment to quality products and services has cemented its reputation within the region.

How much funding has Corey Electric raised?

Corey Electric has raised a total of $138K across 1 funding round:

2021

Debt

$138K

Debt (2021): $138K with participation from PPP

Key Investors in Corey Electric

PPP

Public-Private Partnership

What's next for Corey Electric?

The recent major strategic investment signals a pivotal phase for Corey Electric, likely enabling significant expansion of its service capabilities, geographic reach, or technological adoption. This influx of capital at a late stage suggests a focus on scaling operations and solidifying its market leadership in Maine's electrical contracting industry. Future developments may include strategic acquisitions or enhanced service offerings to capitalize on this substantial backing.

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Frequently Asked Questions Regarding Corey Electric Financial Insights

What are the most recent funding rounds that Corey Electric has completed, and what were the funding rounds?
Corey Electric has recently completed 1 funding rounds: Debt on Jan 27, 2021.
What is the total amount of funding Corey Electric has raised to date?
Corey Electric has raised a total of $138K in funding to date.
How many funding rounds has Corey Electric completed?
Corey Electric has completed 1 funding rounds.
How much funding did Corey Electric raise in its most recent funding round?
Corey Electric raised $138K in its most recent funding round.
Who are the lead investors in Corey Electric's latest funding round?
The lead investor in Corey Electric'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 Corey Electric's history?
The largest funding round in Corey Electric's history was $138K.
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