Coral
About Coral
Coral automates the management and application of government incentives for energy-efficient upgrades, such as heat pumps and EV chargers, directly at the point of sale. This approach reduces upfront costs for homeowners and simplifies rebate filing for contractors, resulting in lower monthly payments and increased sales conversion rates.
```xml <problem> Homeowners face high upfront costs for energy-efficient upgrades like heat pumps and EV chargers due to the complexities and delays associated with government incentives and rebates. Contractors also struggle with the cumbersome process of managing and filing for these incentives, hindering sales and slowing adoption of sustainable technologies. </problem> <solution> Coral provides a platform that automates the application of government incentives for energy-efficient upgrades directly at the point of sale. By instantly applying rebates and tax credits, Coral reduces upfront costs for homeowners, making sustainable upgrades more accessible. The platform also streamlines data collection, organization, and filing for contractors, simplifying the rebate process and increasing sales conversion rates. Coral enables contractors to guarantee net prices to customers, factoring in incentives on the spot through a streamlined payment experience. </solution> <features> - Instant application of rebates and tax credits at the point of sale, lowering upfront costs for homeowners. - Automated data collection, organization, and filing for government incentives. - Real-time eligibility determination for incentives, enabling accurate net pricing. - Streamlined payment experience for contractors and homeowners. - Solutions tailored for contractors, distributors, manufacturers, and retailers. </features> <target_audience> Coral's primary customers are contractors specializing in energy-efficient upgrades, distributors of sustainable equipment, manufacturers of HVAC and EV charging products, and retailers offering these solutions to homeowners. </target_audience> ```
What does Coral do?
Coral automates the management and application of government incentives for energy-efficient upgrades, such as heat pumps and EV chargers, directly at the point of sale. This approach reduces upfront costs for homeowners and simplifies rebate filing for contractors, resulting in lower monthly payments and increased sales conversion rates.
Where is Coral located?
Coral is based in Brooklyn, United States.
When was Coral founded?
Coral was founded in 2023.
How much funding has Coral raised?
Coral has raised 150000.
- Location
- Brooklyn, United States
- Founded
- 2023
- Funding
- 150000
- Employees
- 6 employees
- Major Investors
- Twelve Below