How Much Did Arkay Raise?
Funding & Key Investors

Arkay has secured $774K in total funding, with its most recent financing round bringing in $424K in a major strategic investment. This significant capital infusion underscores the organization's critical role in serving vulnerable populations and its potential for expanded impact.

What is Arkay?

Arkay
OrganizationsNon-Profit & Charitable OrganizationsHealthcare Services

Arkay Incorporated, established in 1983, is a non-profit organization committed to enhancing the lives of the elderly and individuals with developmental disabilities. The organization provides essential vocational and community-based services across Wayne, Monroe, Macomb, and Oakland County. Arkay's core mission revolves around fostering community inclusion, maximizing personal potential, and creating employment opportunities for individuals facing disabilities. Governed by a volunteer Board of Directors, Arkay consistently strives to implement best practices to elevate the quality of life for all it serves.

How much funding has Arkay raised?

Arkay has raised a total of $774K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$424K

Debt (2020): $350K with participation from PPP

Debt (2021): $424K led by PPP

Key Investors in Arkay

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Arkay?

The recent major strategic investment signals a pivotal moment for Arkay, likely enabling the expansion of its service offerings and geographical reach. This capital backing is expected to fuel advancements in vocational training programs and community integration initiatives. Arkay's focus on best practices suggests a strategic deployment of these funds to further its mission of empowering individuals with disabilities and enhancing their overall quality of life, positioning the organization for sustained growth and deeper community impact.

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Frequently Asked Questions Regarding Arkay Financial Insights

What are the most recent funding rounds that Arkay has completed, and what were the funding rounds?
Arkay has recently completed 2 funding rounds: Debt on Feb 9, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Arkay has raised to date?
Arkay has raised a total of $774K in funding to date.
How many funding rounds has Arkay completed?
Arkay has completed 2 funding rounds.
How much funding did Arkay raise in its most recent funding round?
Arkay raised $424K in its most recent funding round.
Who are the lead investors in Arkay's latest funding round?
The lead investor in Arkay'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 Arkay's history?
The largest funding round in Arkay's history was $424K.
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