How Much Did Black Raise?
Funding & Key Investors

Black, Out, & Proud, Inc. has secured $36K in total investment, with a recent financing round contributing $36K to its operational expansion. This substantial capital infusion, occurring at a significant Series B/C stage, underscores the organization's growing influence and capacity to further its mission.

What is Black?

Black
OrganizationsNon-Profit & Charitable OrganizationsMembership Organizations

Black, Out, & Proud, Inc. is a federally-recognized 501c3 organization committed to establishing a secure and supportive environment for Black LGBTQ+ individuals. For eight years, the organization has championed advocacy, education, and inspiration, aiming to empower its community members through diverse programs and events. Its core mission revolves around cultivating an inclusive space that amplifies and uplifts Black LGBTQ+ voices, addressing critical needs within the community.

How much funding has Black raised?

Black has raised a total of $36K across 1 funding round:

2024

Debt

$36K

Debt (2024): $36K with participation from Huntington

Key Investors in Black

Huntington

Huntington, operating through www.huntington.com, is a financial institution that provided debt financing to Black, Out, & Proud, Inc. Their involvement suggests a focus on supporting organizational growth through debt instruments.

What's next for Black?

With the recent substantial expansion capital, Black, Out, & Proud, Inc. is strategically positioned to scale its impact and deepen its community engagement. The organization is likely to invest in expanding its advocacy reach, enhancing educational resources, and developing new inspirational programs. This financing will be instrumental in furthering its eight-year commitment to empowering Black LGBTQ+ individuals and solidifying its role as a vital support system. Future growth may involve strategic partnerships and increased outreach initiatives to broaden its influence.

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Frequently Asked Questions Regarding Black Financial Insights

What are the most recent funding rounds that Black has completed, and what were the funding rounds?
Black has recently completed 1 funding rounds: Debt on Mar 31, 2024.
What is the total amount of funding Black has raised to date?
Black has raised a total of $36K in funding to date.
How many funding rounds has Black completed?
Black has completed 1 funding rounds.
How much funding did Black raise in its most recent funding round?
Black raised $36K in its most recent funding round.
Who are the lead investors in Black's latest funding round?
The lead investor in Black's latest funding round was Huntington. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Black's history?
The largest funding round in Black's history was $36K.
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