How Much Did Corrected Mobility Raise?
Funding & Key Investors

Corrected Mobility has secured $30K in total financing, with its most recent funding round bringing in $30K. This capital infusion, described as substantial expansion capital, signals a significant growth phase for the company, likely at a Series B/C stage, as it aims to broaden its market reach and enhance its service offerings in the mobility solutions sector.

The company's financial trajectory indicates a strong investor confidence in its business model and future potential. The recent backing is poised to fuel strategic initiatives aimed at scaling operations and potentially developing new product lines or expanding service areas.

What is Corrected Mobility?

Corrected Mobility
RetailHome Improvement & Hardware RetailConsumer Services

Corrected Mobility is a specialized provider of comprehensive mobility solutions, dedicated to improving the independence and activity levels of its clientele. The company's product portfolio encompasses a wide array of assistive devices, including mobility ramps, power chairs, vehicle lifts, and stair lifts, alongside custom prosthetic hair units. Each product is engineered with a focus on durability and user-friendliness. Beyond product sales, Corrected Mobility offers crucial installation, maintenance, and repair services, ensuring continuous customer support and satisfaction. The company operates with a commitment to exceptional customer service and environmentally conscious practices, serving clients across Mississippi, Louisiana, Alabama, and Florida.

How much funding has Corrected Mobility raised?

Corrected Mobility has raised a total of $30K across 1 funding round:

2021

Debt

$30K

Debt (2021): $30K with participation from PPP

Key Investors in Corrected Mobility

PPP

Public-Private Partnership

What's next for Corrected Mobility?

With the recent influx of substantial expansion capital, Corrected Mobility is strategically positioned for significant growth. The company is expected to leverage this financing to scale its operations, potentially expanding its geographical footprint beyond its current service areas in Mississippi, Louisiana, Alabama, and Florida. Further investment may also be directed towards research and development for innovative mobility solutions or enhancing its existing product lines. The company's focus on installation, maintenance, and repair services suggests a potential for deepening customer relationships and increasing recurring revenue streams. This strategic backing underscores Corrected Mobility's ambition to solidify its market leadership and enhance its comprehensive service model.

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

Additional financial insights in the Retail industry

Grocery RetailRetail
Convenience Stores, Gas Stations & Liquor StoresRetail
Home Improvement & Hardware RetailRetailIndustrial Machinery & EquipmentManufacturing
Automobile Parts StoresRetailAutomotive Service & Collision RepairConsumer Services

Frequently Asked Questions Regarding Corrected Mobility Financial Insights

What are the most recent funding rounds that Corrected Mobility has completed, and what were the funding rounds?
Corrected Mobility has recently completed 1 funding rounds: Debt on Feb 18, 2021.
What is the total amount of funding Corrected Mobility has raised to date?
Corrected Mobility has raised a total of $30K in funding to date.
How many funding rounds has Corrected Mobility completed?
Corrected Mobility has completed 1 funding rounds.
How much funding did Corrected Mobility raise in its most recent funding round?
Corrected Mobility raised $30K in its most recent funding round.
Who are the lead investors in Corrected Mobility's latest funding round?
The lead investor in Corrected Mobility'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 Corrected Mobility's history?
The largest funding round in Corrected Mobility's history was $30K.
See more information about Corrected Mobility