How Much Did CORE Services Group Raise?
Funding & Key Investors

CORE Services Group has secured $847K in total capital, with a recent strategic investment of $847K. This major enterprise-level funding underscores the organization's significant role in human services and community development. The latest financing round, dated February 17, 2021, was a substantial strategic investment, signaling confidence in CORE's mission and operational capacity.

What is CORE Services Group?

CORE Services Group
OrganizationsNon-Profit & Charitable Organizations

CORE Services Group is a nonprofit organization dedicated to enhancing the lives of individuals and families through comprehensive human services and community development initiatives. Established in 2005, CORE has a proven track record of implementing and managing vital programs in collaboration with government agencies, including the New York City Department of Homeless Services (DHS), the New York City Department of Youth & Community Development (DYCD), and the Federal Bureau of Prisons (BOP). The organization currently oversees more than 40 housing settings, providing essential support to over 3,000 individuals daily. CORE's philosophy centers on the belief that everyone deserves a chance to rebuild their lives, supported by structured assistance. Services offered include job training, mentorship, substance abuse treatment, and permanent housing placement, all delivered with dignity and respect. Based in Brooklyn, NY, CORE operates facilities in New York City and Washington D.C., with plans for further expansion.

How much funding has CORE Services Group raised?

CORE Services Group has raised a total of $847K across 1 funding round:

2021

Debt

$847K

Debt (2021): $847K with participation from PPP

Key Investors in CORE Services Group

PPP

Public-Private Partnership

Undisclosed Investor

An undisclosed investor participated in this funding round, contributing to the overall capital raised by CORE Services Group.

Undisclosed Investor

Another undisclosed investor provided backing, supporting CORE Services Group's mission in human services and community development.

What's next for CORE Services Group?

The recent major strategic investment positions CORE Services Group for significant growth and expanded reach. This capital infusion is expected to fuel the scaling of its operations, potentially enabling the organization to establish its compassionate, common-sense approach in additional communities. Future developments may include enhancing existing programs, increasing capacity to serve more individuals, and forging new partnerships to address pressing social needs. The focus on recruiting staff from the communities served and former clients highlights a sustainable and community-integrated growth strategy.

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Frequently Asked Questions Regarding CORE Services Group Financial Insights

What are the most recent funding rounds that CORE Services Group has completed, and what were the funding rounds?
CORE Services Group has recently completed 1 funding rounds: Debt on Feb 17, 2021.
What is the total amount of funding CORE Services Group has raised to date?
CORE Services Group has raised a total of $847K in funding to date.
How many funding rounds has CORE Services Group completed?
CORE Services Group has completed 1 funding rounds.
How much funding did CORE Services Group raise in its most recent funding round?
CORE Services Group raised $847K in its most recent funding round.
Who are the lead investors in CORE Services Group's latest funding round?
The lead investor in CORE Services Group'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 CORE Services Group's history?
The largest funding round in CORE Services Group's history was $847K.
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