Coastal Enterprises

company

About

Coastal Enterprises is a community development financial institution that focuses on environmental sustainability.

  • Brunswick,Maine,United States
  • 51 - 100

Details

Last Funding Type
Grant
Last Funding Money Raised
$5K
Industries
Finance,Financial Services,Small and Medium Businesses
Founded date
Jan 1, 1977
Number Of Employee
51 - 100
Operating Status
Active
Legal Name
Coastal Enterprises Inc

Coastal Enterprises provides lending, Investing, business advising, policy advocacy, foreclosure mitigation, homebuyer education, financial capability counseling, state historic tax credit investing, new markets tax Credit Investing, food industry consulting, rural economic development, women-owned businesses, workforce development, and training, fishery, and aquaculture business consulting agriculture business consulting renewable energy project financing.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
7
$9.52M
Coastal Enterprises has raised a total of $9.52M in funding over 2 rounds. Their latest funding was raised on Sep 16, 2020 from a Grant round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Sep 16, 2020 Grant $300K 1 US Department of Commerce, Economic Development Administation Detail
Jan 1, 2020 Grant $25K 1 Maine Technology Institute Detail
May 2, 2018 Grant $5K 1 Maine Technology Institute Detail
Sep 14, 2017 Grant $66.57K 1 Maine Technology Institute Detail
May 5, 2017 Debt Financing $8.95M Detail

Investments

Number of Investments
Number of Lead Investments
5
1
Coastal Enterprises has made 5 investments. Their most recent investment was on Mar 7, 2022, when Encore Renewable Energy raised $1M.
Date Company Name
Round Money Raised Industry Lead Investor
Series Unknown $1M Energy
Aug 6, 2021 American Unagi
Series A $4.40M Aquaculture
May 14, 2021 Forager
Series Unknown $4M Agriculture Yes
May 23, 2017 Forager
Series Unknown Agriculture
Series Unknown $200K Computer

Investors

Number of Lead Investors
Number of Investors
6
2
Coastal Enterprises is funded by 2 investors. US Department of Commerce, Economic Development Administation and Maine Technology Institute are the most recent investors.
Investor Name Lead Investor Funding Round
US Department of Commerce, Economic Development Administation Yes Grant
Maine Technology Institute Yes Grant

Exits

Coastal Enterprises has had 1 exits. Coastal Enterprises most notable exits include Terralink Systems

Date Company Name Exit Type Industry
Nov 17, 2022 Terralink Systems M&A Computer Detail