Coral: Funding, Investors & Team (Sep 2026)
Coral streamlines the process of financing sustainable building upgrades such as heat pumps, battery systems, and EV chargers, making them more accessible and cost-effective. By automating the application of government incentives for energy-efficient devices to our financing options, we are able to provide homeowners with reduced monthly payments and help contractor partners increase their conversion rates.
Coral has raised $10.0M across 2 funding rounds on record, the most recent a Seed of $7.5M announced in Mar 2026.
That round is in line with the $7.5M median round size for Consumer Electronics companies tracked on FundedIQ over the last two years.
Coral Company Profile and Key Stats
Latest funding round on record: Mar 2026.
Coral Funding Rounds
Coral raised $2.5M in a Seed announced in Oct 2024.
1.4 years later, a Seed of $7.5M was announced in Mar 2026.
Coral Founders and Leadership Team
Contact details for the Coral team: 1 has a LinkedIn profile.
Start 14-day free trial →Coral Funding Compared to Other Consumer Electronics Startups
Coral's latest round of $7.5M is in line with the median round in Consumer Electronics. Medians cover the last 24 months of disclosed rounds.
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Coral Funding FAQs
What does Coral do?
Coral streamlines the process of financing sustainable building upgrades such as heat pumps, battery systems, and EV chargers, making them more accessible and cost-effective. By automating the application of government incentives for energy-efficient devices to our financing options, we are able to provide homeowners with reduced monthly payments and help contractor partners increase their conversion rates.
How much funding has Coral raised?
Coral has raised $10.0M across 2 rounds on record. The most recent is a Seed of $7.5M announced in Mar 2026.
When did Coral last raise funding?
Coral's most recent funding round on record is a Seed of $7.5M, announced in Mar 2026.
Who founded Coral?
FundedIQ lists Andrew Hedley Hornby (Founder), Robert Coral (Founder) at Coral.
Where is Coral headquartered?
Coral is based in Brooklyn, New York, United States.
How many employees does Coral have?
Coral is in the 1-10 employee band.
How does Coral's funding compare to other Consumer Electronics startups?
Coral's latest round of $7.5M is in line with the $7.5M median round size for Consumer Electronics companies on FundedIQ across 1,547 tracked companies over the last two years.
About FundedIQ's Coral Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for Coral is left off this page rather than filled in.
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