How Much Did Action for Boston Community Development Raise?
Funding & Key Investors

Action for Boston Community Development (ABCD) has secured $155K in total capital, with its most recent financing round bringing in $155K in a major strategic investment. This significant backing underscores the organization's established presence and its critical role in the Greater Boston region's social infrastructure.

What is Action for Boston Community Development?

Action for Boston Community Development
OrganizationsNon-Profit & Charitable Organizations

Action for Boston Community Development is a prominent nonprofit human services organization dedicated to empowering low-income residents across the Greater Boston area. Each year, ABCD provides essential tools and resources to over 100,000 individuals, facilitating their transition from poverty to stability and ultimately towards success. The organization's comprehensive approach addresses multifaceted needs, aiming to foster sustainable community development and individual well-being.

How much funding has Action for Boston Community Development raised?

Action for Boston Community Development has raised a total of $155K across 1 funding round:

2023

Grant

$155K

Grant (2023): $155K with participation from State of Massachusetts

Key Investors in Action for Boston Community Development

State of Massachusetts

The State of Massachusetts, through its governmental funding initiatives, provides crucial financial backing to organizations like ABCD, supporting vital public services and community development programs within the Commonwealth.

What's next for Action for Boston Community Development?

The substantial capital infusion, characterized as large-scale late-stage funding, positions Action for Boston Community Development for expanded operational capacity and strategic initiatives. This significant investment suggests a focus on scaling existing programs, potentially enhancing technological infrastructure, or broadening its reach to serve an even greater number of individuals. The 'major strategic investment' context implies a forward-looking plan to solidify its impact and ensure long-term sustainability in addressing critical social needs within the Greater Boston community.

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Frequently Asked Questions Regarding Action for Boston Community Development Financial Insights

What are the most recent funding rounds that Action for Boston Community Development has completed, and what were the funding rounds?
Action for Boston Community Development has recently completed 1 funding rounds: Grant on Jul 20, 2023.
What is the total amount of funding Action for Boston Community Development has raised to date?
Action for Boston Community Development has raised a total of $155K in funding to date.
How many funding rounds has Action for Boston Community Development completed?
Action for Boston Community Development has completed 1 funding rounds.
How much funding did Action for Boston Community Development raise in its most recent funding round?
Action for Boston Community Development raised $155K in its most recent funding round.
Who are the lead investors in Action for Boston Community Development's latest funding round?
The lead investor in Action for Boston Community Development's latest funding round was State of Massachusetts. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Action for Boston Community Development's history?
The largest funding round in Action for Boston Community Development's history was $155K.
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