How Much Did Community Career Development Raise?
Funding & Key Investors

Community Career Development (CCD) has solidified its position as a cornerstone of the Los Angeles labor market, recently securing a major strategic investment totaling $350K. This capital injection, which contributes to a cumulative total funding amount of $350K, underscores the organization's critical role in regional economic stability. By leveraging this financing, CCD continues to expand its reach, ensuring that its long-standing mission of empowerment through employment remains resilient in an evolving macroeconomic landscape.

The organization's trajectory reflects a sustained commitment to workforce development, transitioning from its foundational roots established in 1972 to a sophisticated, late-stage operational model. This latest infusion of capital serves as a testament to the efficacy of its service delivery model, which bridges the gap between job seekers and local employers through a robust network of WorkSource Centers.

What is Community Career Development?

Community Career Development
OrganizationsNon-Profit & Charitable OrganizationsEducation

Community Career Development, Inc. operates as a 501(c)(3) nonprofit entity dedicated to the advancement of workforce readiness and economic mobility. Serving as a primary contractor for the City and County of Los Angeles Workforce Development Boards, the organization manages key infrastructure including the Wilshire Metro, Compton, and South Los Angeles WorkSource Centers. By co-locating with the State of California Employment Development Department, CCD provides a comprehensive suite of services to over 20,000 adult and 500 youth job seekers annually. Their market position is defined by a dual-focus strategy: providing high-touch career counseling for individuals and offering tailored workforce solutions for local businesses, with a specialized mandate to prioritize veterans and their families.

How much funding has Community Career Development raised?

Community Career Development has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Community Career Development

PPP

Public-Private Partnership

What's next for Community Career Development?

With the recent strategic investment, Community Career Development is well-positioned to enhance its digital infrastructure and expand its service capacity across the Los Angeles metropolitan area. The organization is expected to focus on scaling its business solutions division, which provides critical workforce development assistance to local employers struggling with talent acquisition. By optimizing its operational efficiency and deepening its integration with state-level employment departments, CCD aims to increase its throughput of job placements. Future growth will likely center on data-driven workforce analytics and the modernization of its job seeker support platforms, ensuring that the organization remains a vital link in the regional labor supply chain for years to come.

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Frequently Asked Questions Regarding Community Career Development Financial Insights

What are the most recent funding rounds that Community Career Development has completed, and what were the funding rounds?
Community Career Development has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Community Career Development has raised to date?
Community Career Development has raised a total of $350K in funding to date.
How many funding rounds has Community Career Development completed?
Community Career Development has completed 1 funding rounds.
How much funding did Community Career Development raise in its most recent funding round?
Community Career Development raised $350K in its most recent funding round.
Who are the lead investors in Community Career Development's latest funding round?
The lead investor in Community Career Development'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 Community Career Development's history?
The largest funding round in Community Career Development's history was $350K.
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