How Much Did Corrisoft Raise?
Funding & Key Investors

Corrisoft has successfully secured a major strategic investment, marking a significant milestone in its trajectory as a leader in community supervision technology. This latest capital injection, totaling $350K, reinforces the company's market position and brings its cumulative financing to $350K. By leveraging this influx of resources, the Lexington-based firm is poised to accelerate its mission of transforming how supervision agencies interact with their clients to foster better societal outcomes.

What is Corrisoft?

Corrisoft
SoftwareHealthcare SoftwareMobile App Development

Founded in 2009, Corrisoft provides a sophisticated suite of technology services designed to modernize the community supervision landscape. The company specializes in digital engagement tools that allow agencies to monitor and support individuals more effectively, thereby driving down recidivism rates. By integrating advanced communication and tracking capabilities, Corrisoft enables agencies to move beyond traditional, manual oversight methods toward a more data-informed, proactive model of public safety management. Its presence in the market is defined by a commitment to improving the efficacy of correctional and rehabilitative services through scalable, reliable software solutions.

How much funding has Corrisoft raised?

Corrisoft has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Corrisoft

PPP

Public-Private Partnership

What's next for Corrisoft?

With this late-stage funding, Corrisoft is strategically positioned to scale its operations and enhance its core product offerings. The company is expected to focus on expanding its footprint within the public safety sector, potentially integrating more predictive analytics and automated reporting features into its platform. As the demand for technology-driven alternatives to incarceration grows, Corrisoft's ability to provide actionable insights to supervision agencies will be critical. The firm will likely prioritize long-term sustainability and market penetration, ensuring that its technological infrastructure remains at the forefront of the community corrections industry while maintaining its focus on reducing recidivism through improved client engagement.

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

Additional financial insights in the Software industry

SoftwareStorage & System Management Software
Customer Engagement PlatformsSoftware
Financial SoftwareSoftware
SoftwareSupply Chain Management (SCM) SoftwareCustomer Engagement Platforms

Frequently Asked Questions Regarding Corrisoft Financial Insights

What are the most recent funding rounds that Corrisoft has completed, and what were the funding rounds?
Corrisoft has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Corrisoft has raised to date?
Corrisoft has raised a total of $350K in funding to date.
How many funding rounds has Corrisoft completed?
Corrisoft has completed 1 funding rounds.
How much funding did Corrisoft raise in its most recent funding round?
Corrisoft raised $350K in its most recent funding round.
Who are the lead investors in Corrisoft's latest funding round?
The lead investor in Corrisoft'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 Corrisoft's history?
The largest funding round in Corrisoft's history was $350K.
See more information about Corrisoft