What is Ariva?
Ariva is a community-based organization operating in the Bronx, dedicated to enhancing financial literacy and promoting economic justice for residents of New York City. Through its mission to empower individuals, Ariva facilitates the building of generational wealth by offering free tax preparation and comprehensive financial counseling services. With an extensive network of over 30 locations and specialized programs like The Bronx Initiative and La Ventanilla, the organization provides personalized support. Ariva also leverages a dedicated volunteer base for financial education and tax assistance, fostering a robust community committed to financial well-being.
How much funding has Ariva raised?
Ariva has raised a total of $356K across 2 funding rounds:
Debt
$150K
Debt
$206K
Debt (2020): $150K with participation from PPP
Debt (2021): $206K led by PPP
Key Investors in Ariva
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Ariva?
With the recent influx of capital from a large-scale, late-stage funding round, Ariva is strategically positioned to expand its reach and deepen its impact. This significant investment will likely fuel the scaling of its existing programs, potentially enabling the organization to establish new service locations, enhance its technological infrastructure for broader accessibility, and further develop its financial literacy curricula. The focus on strategic investment suggests a trajectory aimed at solidifying its position as a leader in economic empowerment initiatives within New York City and potentially beyond.
See full Ariva company page
