How Much Did Commonpoint Queens Raise?
Funding & Key Investors

Commonpoint Queens has secured $5M in total capital, with its most recent financing round bringing in $5M through a major strategic investment. This significant backing underscores the organization's critical role in providing comprehensive social services across Queens.

What is Commonpoint Queens?

Commonpoint Queens
OrganizationsMembership OrganizationsNon-Profit & Charitable Organizations

Commonpoint Queens is a vital social services organization dedicated to addressing the diverse and evolving needs of the Queens borough. Guided by Jewish values of service and justice, the organization initially focused on supporting the local Jewish community. Over six decades, its reach has expanded significantly, now operating across 52 sites, including the Sam Field Center and Central Queens. Commonpoint Queens offers a wide array of programs encompassing early childhood education, summer camps, senior services, mental health resources, crisis support, and wellness initiatives. The organization aims to foster community connections and provide essential support throughout individuals' lives, reinforcing its commitment to the entire borough.

How much funding has Commonpoint Queens raised?

Commonpoint Queens has raised a total of $5M across 1 funding round:

2020

Debt

$5M

Debt (2020): $5M with participation from PPP

Key Investors in Commonpoint Queens

PPP

Public-Private Partnership

What's next for Commonpoint Queens?

The recent major strategic investment signals a period of potential expansion and enhanced service delivery for Commonpoint Queens. This capital infusion is likely to bolster existing programs and potentially introduce new initiatives to further meet the community's evolving needs. The organization's focus on holistic support, from early childhood to senior services, positions it for sustained growth and impact within the Queens social services landscape. Future developments may include scaling operational capacity and deepening community engagement.

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Frequently Asked Questions Regarding Commonpoint Queens Financial Insights

What are the most recent funding rounds that Commonpoint Queens has completed, and what were the funding rounds?
Commonpoint Queens has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Commonpoint Queens has raised to date?
Commonpoint Queens has raised a total of $5M in funding to date.
How many funding rounds has Commonpoint Queens completed?
Commonpoint Queens has completed 1 funding rounds.
How much funding did Commonpoint Queens raise in its most recent funding round?
Commonpoint Queens raised $5M in its most recent funding round.
Who are the lead investors in Commonpoint Queens's latest funding round?
The lead investor in Commonpoint Queens'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 Commonpoint Queens's history?
The largest funding round in Commonpoint Queens's history was $5M.
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