CorrectNet

Hauppauge, United States Founded: 1997 • Age: 29 yrs Acquired By CoreOne
Founded in 1997, operations are based in Hauppauge, United States.

About CorrectNet

CorrectNet is a company based in Hauppauge (United States) founded in 1997, and was acquired by CoreOne in May 2011. Founded in 1997, operations are based in Hauppauge, United States. CorrectNet has raised $5.26 million across 3 funding rounds from investors including Charles Schwab, CoreOne and MMV Financial.

  • Headquarters Hauppauge, United States
  • Stage Acquired
  • Email
    β€’β€’β€’β€’β€’β€’β€’β€’
  • Website correctnet.com
  • Social X
  • Acquired by CoreOne (May 2011)
Key Metrics
  • Total Equity Funding
    $5.26M (USD)

    in 3 rounds

  • Latest Funding Round
    $3M (USD), Debt – Venture

    Jan 2010

  • Investors
  • Acquired by
    CoreOne

    (May 2011)

Funding Insights of CorrectNet

CorrectNet has successfully raised a total of $5.26M across 3 strategic funding rounds. The most recent funding activity was a Debt – Venture round of $3 million completed in January 2010. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

  • Total Funding $5.26M
  • Total Rounds 3
  • Last Round Debt – Venture β€” $3M
  • First Round $5.26M

    (Dec 2001)

  • Investors Count 4

All 3 funding rounds of CorrectNet with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Jan 2010$3MDebt – Venture––
Feb 2004$3.5MUnspecified–Edison Partners
–
Dec 2001$5.26MSeries A––
Valuation history

5 investors in total: 5 institutional.

Investors in CorrectNet

CorrectNet has secured backing from 5 investors, including venture fund and institutional investors. Prominent investors backing the company include Charles Schwab, CoreOne and MMV Financial.

All
Venture Fund
Institutional
InvestorDescriptionFounded YearDomainLocation
Tech & Life-Sciences focused Growth stage Venture Debt Firm investing in North America
mmvf.comToronto, Canada
Provider of a growth equity firm for adaptive and personalized plans
edisonpartners.comPrinceton, United States
Investment firm focusing on lower-middle market growth, healthcare, and various strategies.
newspringcapital.com
Financial brokerage and banking services are offered to clients.
1971schwab.comEl Paso, United States
Financial data management solutions are offered to the securities industry.
1997coreonetechnologies.comNew York, United States
Premium access

Investor details for CorrectNet

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Timeline of CorrectNet

4 dated milestones of CorrectNet across 14 years, from founding to its latest funding, stage changes and deals.

  1. Founded CorrectNet is founded.
  2. Funding First funding round of $5.3M.
  3. Funding Latest funding round, Debt – Venture, of $3.0M.
  4. Exit Acquired by CoreOne.

Web traffic of CorrectNet

Websites that share an audience with CorrectNet (correctnet.com).

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Websites whose visitors overlap most with CorrectNet. Affinity shows how closely the audiences match.

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postrelational.co.uk
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100%
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100%
–
pelicansvcs.com
pelicansvcs.com
100%
–
pastech.net
pastech.net
100%
–
piktel.net
piktel.net
100%
–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
Premium access

All 19 similar websites and full traffic analytics for CorrectNet

The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.

  • 19 similar websites
  • Audience overlap
  • Engagement analytics
  • Traffic by brand

Verified entity values are shown only after access is granted.

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Frequently Asked Questions about CorrectNet

CorrectNet was founded in 1997 and raised its 1st funding round 4 years after it was founded.

CorrectNet is headquartered in Hauppauge, United States. It is registered at Hauppauge, New York, United States.

CorrectNet is a funded company, having raised a total of $5.26M across 3 funding rounds to date. The company's 1st funding round was a Series A of $5.26M, raised on Dec 2001.

Founded in 1997, operations are based in Hauppauge, United States.

CorrectNet has 5 investors. Key investors include Charles Schwab, CoreOne, MMV Financial, Edison Partners, and NewSpring Capital.

Yes. CorrectNet was acquired by CoreOne in May 2011.

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