How Much Did Community Transit Raise?
Funding & Key Investors

Community Transit has secured $1M in total capital, with its most recent funding round bringing in $1M through a major strategic investment. This significant financial backing underscores the company's critical role in providing essential transportation services.

What is Community Transit?

Community Transit
TransportationRail, Bus & Taxi

DELGO Community Transit is a vital public transportation provider serving Delaware County, offering approximately 2,167 trips daily for residents of all ages. The service specializes in advance reservation-based transportation, catering to diverse needs including general transit, specialized programs for People With Disabilities, Medical Assistance, and Shared Ride services. Trips can originate within Delaware County and extend to destinations in Philadelphia and surrounding counties. Passengers are required to register prior to scheduling, ensuring a structured and reliable service delivery model. The company's commitment is to deliver safe, dependable, and affordable mobility solutions to its community.

How much funding has Community Transit raised?

Community Transit has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Community Transit

PPP

Public-Private Partnership

What's next for Community Transit?

The recent major strategic investment signifies a pivotal moment for Community Transit, positioning it for enhanced operational capacity and potential expansion of its service offerings. This enterprise-level funding is expected to bolster its infrastructure, potentially upgrade its fleet, and improve the technological backbone supporting its reservation and dispatch systems. Such capital infusion is crucial for a public transit entity aiming to meet growing community demands and maintain high standards of service reliability and accessibility. The strategic nature of this financing suggests a focus on long-term sustainability and growth within the Delaware County region and its connected areas.

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Frequently Asked Questions Regarding Community Transit Financial Insights

What are the most recent funding rounds that Community Transit has completed, and what were the funding rounds?
Community Transit has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Community Transit has raised to date?
Community Transit has raised a total of $1M in funding to date.
How many funding rounds has Community Transit completed?
Community Transit has completed 1 funding rounds.
How much funding did Community Transit raise in its most recent funding round?
Community Transit raised $1M in its most recent funding round.
Who are the lead investors in Community Transit's latest funding round?
The lead investor in Community Transit'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 Transit's history?
The largest funding round in Community Transit's history was $1M.
See more information about Community Transit