How Much Did Corrosource Raise?
Funding & Key Investors

Corrosource has secured $88K in total funding, with a recent capital injection of $88K designated for substantial expansion. This financing round, occurring on January 17, 2021, signifies a critical juncture for the company as it moves through its significant Series B/C stage of growth.

What is Corrosource?

Corrosource
Energy, Utilities & WasteOil & Gas Exploration & ServicesBusiness Services

Corrosource is an innovative player in the oil and gas industry, dedicated to elevating well site safety through the strategic integration of advanced technology and robust emergency response systems. Their flagship product, WellSiteSentry, is engineered to set new benchmarks for safety protocols in well site operations. Complementing this, the CorroTool division provides essential resources and tools for comprehensive safety management, catering to clients focused on enhancing safety standards at their well site locations.

How much funding has Corrosource raised?

Corrosource has raised a total of $88K across 1 funding round:

2021

Debt

$88K

Debt (2021): $88K with participation from PPP

Key Investors in Corrosource

PPP

Public-Private Partnership

What's next for Corrosource?

With the recent influx of substantial expansion capital, Corrosource is poised for significant operational scaling and technological advancement. The company's strategic focus on enhancing well site safety through its WellSiteSentry product and supporting CorroTool division indicates a clear trajectory towards solidifying its market position. This investment will likely fuel further development of their integrated safety solutions and expand their reach within the demanding oil and gas sector, reinforcing their commitment to professional Emergency Response Technicians and client safety.

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Frequently Asked Questions Regarding Corrosource Financial Insights

What are the most recent funding rounds that Corrosource has completed, and what were the funding rounds?
Corrosource has recently completed 1 funding rounds: Debt on Jan 17, 2021.
What is the total amount of funding Corrosource has raised to date?
Corrosource has raised a total of $88K in funding to date.
How many funding rounds has Corrosource completed?
Corrosource has completed 1 funding rounds.
How much funding did Corrosource raise in its most recent funding round?
Corrosource raised $88K in its most recent funding round.
Who are the lead investors in Corrosource's latest funding round?
The lead investor in Corrosource'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 Corrosource's history?
The largest funding round in Corrosource's history was $88K.
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