How Much Did Abounding Prosperity Raise?
Funding & Key Investors

Abounding Prosperity has secured a significant round of financing, with the total funding amount reaching $342K and the most recent capital injection standing at $192K. This large-scale, late-stage funding underscores the organization's established presence and its critical role in addressing health, social, and economic disparities.

What is Abounding Prosperity?

Abounding Prosperity
OrganizationsNon-Profit & Charitable Organizations

Abounding Prosperity is a nonprofit organization dedicated to addressing health, social, and economic disparities within the Black community, with a special focus on the Black LGBTQ+ community and their families. They provide a range of services including accessible healthcare, supportive housing, and mental health counseling, aimed at empowering individuals and fostering equity. Their holistic approach encompasses HIV prevention, housing support, and educational programs to ensure comprehensive care for their clients. By breaking down barriers and advocating for equality, Abounding Prosperity strives to uplift and transform lives within the community.

How much funding has Abounding Prosperity raised?

Abounding Prosperity has raised a total of $342K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$192K

Debt (2020): $150K with participation from PPP

Debt (2021): $192K led by PPP

What's next for Abounding Prosperity?

The recent strategic investment of $192K positions Abounding Prosperity for expanded impact and operational scaling. As a mature organization, this capital infusion is likely earmarked for enhancing existing programs, potentially launching new initiatives to further address health, social, and economic disparities, and strengthening its advocacy efforts for the Black LGBTQ+ community and their families. The organization's focus on holistic care suggests a strategic deployment of these funds towards sustainable solutions and broader community empowerment.

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Frequently Asked Questions Regarding Abounding Prosperity Financial Insights

What are the most recent funding rounds that Abounding Prosperity has completed, and what were the funding rounds?
Abounding Prosperity has recently completed 2 funding rounds: Debt on Mar 12, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Abounding Prosperity has raised to date?
Abounding Prosperity has raised a total of $342K in funding to date.
How many funding rounds has Abounding Prosperity completed?
Abounding Prosperity has completed 2 funding rounds.
How much funding did Abounding Prosperity raise in its most recent funding round?
Abounding Prosperity raised $192K in its most recent funding round.
Who are the lead investors in Abounding Prosperity's latest funding round?
The lead investor in Abounding Prosperity's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Abounding Prosperity's history?
The largest funding round in Abounding Prosperity's history was $192K.
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