How Much Did CollegeTracks Raise?
Funding & Key Investors

CollegeTracks has successfully secured a significant capital infusion, bringing its total funding to $563K. This latest major strategic investment of $413K underscores the organization's critical role in bridging the educational divide for underserved populations. By leveraging this financial backing, the nonprofit continues to scale its operational capacity, ensuring that first-generation-to-college students receive the necessary resources to navigate the complexities of higher education and career readiness.

What is CollegeTracks?

CollegeTracks
EducationTrainingNon-Profit & Charitable Organizations

CollegeTracks operates as a specialized nonprofit entity focused on empowering students from low-income and immigrant households within Montgomery County, Maryland. Since its founding in 2003, the organization has established a robust framework for student success, characterized by a 99% college admission rate among its participants. Through its dual-pronged approach—the College Access Program and the College Success Program—CollegeTracks provides essential services including personalized admissions advising, financial aid navigation, and ongoing coaching. This comprehensive support model positions the organization as a vital pillar in the regional educational ecosystem, effectively mitigating systemic barriers to academic and professional advancement.

How much funding has CollegeTracks raised?

CollegeTracks has raised a total of $563K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$413K

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

Debt (2021): $413K led by PPP

Key Investors in CollegeTracks

PPP

Public-Private Partnership

What's next for CollegeTracks?

With the recent influx of capital, CollegeTracks is well-positioned to expand its reach and deepen the impact of its existing programs. The organization is expected to prioritize the enhancement of its digital coaching infrastructure and the scaling of its mentorship initiatives to accommodate a larger cohort of students. By maintaining a focus on long-term student outcomes, CollegeTracks aims to solidify its reputation as a leader in educational equity. Future strategic efforts will likely involve strengthening community partnerships and diversifying its funding streams to ensure the sustainability of its mission-critical services in an evolving educational landscape.

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Frequently Asked Questions Regarding CollegeTracks Financial Insights

What are the most recent funding rounds that CollegeTracks has completed, and what were the funding rounds?
CollegeTracks has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 6, 2020.
What is the total amount of funding CollegeTracks has raised to date?
CollegeTracks has raised a total of $563K in funding to date.
How many funding rounds has CollegeTracks completed?
CollegeTracks has completed 2 funding rounds.
How much funding did CollegeTracks raise in its most recent funding round?
CollegeTracks raised $413K in its most recent funding round.
Who are the lead investors in CollegeTracks's latest funding round?
The lead investor in CollegeTracks'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 CollegeTracks's history?
The largest funding round in CollegeTracks's history was $413K.
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