How Much Did Blocs Raise?
Funding & Key Investors

Blocs, a prominent need-based scholarship provider in the Philadelphia region, has secured significant capital, with its total funding reaching $150K. The organization recently closed a major strategic investment round, bringing in $150K as of April 15, 2020. This latest financing underscores the growing support for educational access initiatives in the area.

What is Blocs?

Blocs
OrganizationsNon-Profit & Charitable Organizations

BLOCS operates as the premier need-based scholarship program within the Philadelphia region, dedicated to enabling student success across over 100 Catholic schools. Leveraging donations, Pennsylvania's Tax Credit Program, and an endowment, BLOCS awards scholarships for grade school, high school, and special education to a diverse student population. Since its inception in 1980, BLOCS has been instrumental in supporting tens of thousands of children, particularly those from underserved neighborhoods, by providing access to high-quality, values-based education in Philadelphia-area Catholic schools. The organization's commitment is further evidenced by its ability to grant partial tuition scholarships to more than 16,000 students and raise over $19.5 million in funds during the 2017-2018 school year.

How much funding has Blocs raised?

Blocs has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Blocs

PPP

Public-Private Partnership

What's next for Blocs?

The recent large-scale, late-stage funding for Blocs signals a strategic push towards expanding its reach and impact within the Philadelphia educational landscape. This capital infusion is likely to bolster the organization's capacity to increase the number of scholarships distributed annually, thereby strengthening the educational infrastructure for future generations. The strategic investment suggests a focus on sustainable growth and enhanced program delivery, potentially involving technological advancements or broader community outreach to further its mission of providing access to quality, values-based education.

See full Blocs company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Organizations industry

Non-Profit & Charitable OrganizationsOrganizationsHealthcare ServicesMental Health & Rehabilitation Facilities
Non-Profit & Charitable OrganizationsOrganizations
Membership OrganizationsOrganizations
OrganizationsChurch Management

Frequently Asked Questions Regarding Blocs Financial Insights

What are the most recent funding rounds that Blocs has completed, and what were the funding rounds?
Blocs has recently completed 1 funding rounds: Debt on Apr 15, 2020.
What is the total amount of funding Blocs has raised to date?
Blocs has raised a total of $150K in funding to date.
How many funding rounds has Blocs completed?
Blocs has completed 1 funding rounds.
How much funding did Blocs raise in its most recent funding round?
Blocs raised $150K in its most recent funding round.
Who are the lead investors in Blocs's latest funding round?
The lead investor in Blocs'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 Blocs's history?
The largest funding round in Blocs's history was $150K.
See more information about Blocs