Cypress Growth Capital Invests in CORE Group
Non-Dilutive Funding for Austin-Based Company
Cypress Growth Capital is pleased to announce our recent investment in CORE Group Inc., a highly innovative, first of its kind marketplace serving the property restoration industry.
Founded in 2018, CORE is North America’s fastest growing network of restoration contractors. CORE provides best-in-class managed services such as technology, group purchasing, and claims processing to its independent property restoration company members.
“We were seeking a business partner that was just as excited about our model and growth as we were”
- CORE Founder & CEO Dan Cassara
“CORE is at a pivotal point in their growth and with non-dilutive, equity-preserving funding from Cypress, they have the fuel they need to further scale their business,” said Cypress Growth Capital Partner Pat McCaffrey. “Dan Cassara is a proven and highly regarded executive in the restoration market and he has assembled a top-flite team to realize his vision for the company.”
The growth capital infusion will be used primarily for new revenue generation, national marketing, member support services and product enhancements.