Coral
Latest round
- Seed
Last raised
- Mar 2026
Total raised
- $7.5M
Investors
- 8
About Coral
Coral is focused on transforming the HVAC industry with a digital platform that simplifies the rebate process for contractors. Founded in 2023 in New York, US, Coral has successfully completed 1 deal. The core product offerings include a digital platform that enables contractors to validate customer eligibility for rebates on-site, facilitating immediate savings during the sales process. By streamlining the rebate process, Coral allows contractors to file for these funds directly with utility or government programs, effectively managing any follow-up inquiries. This service is designed to enhance the sales capabilities of HVAC contractors, ensuring they can offer competitive pricing without the burden of complex paperwork.Coral generates revenue through direct transactions with HVAC contractors and service providers, primarily on a business-to-business (B2B) basis. By providing these immediate financial incentives, Coral positions itself as a critical partner in the sales process, encouraging contractors to utilize their platform actively. Transactions typically involve contractors registering for Coral's services, which may include a subscription model or fees based on the volume of rebates processed. Coral aims to launch these new products while targeting new geographic regions for market entry, although specific regions have not been disclosed.
Who invested in Coral
8 investors across 1 round
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Funding rounds
Seed
Mar 6, 2026
Amount
$7.5M
Investors
Questions about Coral
Who invested in Coral?
Coral has 8 investors on record across 1 venture round. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has Coral raised?
Coral has raised 1 venture round. Sign up free to see how much each round raised and the total.
When did Coral last raise money?
Coral's most recent round on record is a Seed, in Mar 2026.
What does Coral do?
Coral is focused on transforming the HVAC industry with a digital platform that simplifies the rebate process for contractors.
Where is Coral headquartered?
Coral is headquartered in New York, US.
Which VCs invest in companies like Coral?
Among active investors with capital left to deploy, Radical Ventures, Ribbit Capital, TrueBridge Capital Partners and Tribe Capital back financial services companies at Coral's stage. Their profiles are linked below.
VCs backing financial services startups at Seed
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