How Much Did Covina Assembly Raise?
Funding & Key Investors

Covina Assembly has secured significant capital, with a total funding amount of $352K. The organization recently announced a major strategic investment, bringing in $202K in its latest funding round. This capital infusion signals a period of substantial growth and strategic development for the entity.

What is Covina Assembly?

Covina Assembly
OrganizationsChurch Management

Covina Assembly is a multifaceted organization that provides a wide array of ministries and community services. Its offerings span dynamic programs for children and youth, specialized outreach for college students including Chi Alpha campus engagement, and events tailored for married couples and midlife adults. Beyond its core congregational activities, Covina Assembly extends its reach through multiple venues in various locations, catering to diverse linguistic and geographical needs. A significant aspect of its community support includes operating a foster care agency and providing emergency assistance via an Economic Relief Center. The company's engagement with the community is further highlighted by its annual calendar of exciting events such as Easter productions, Worship in the Park, and a Community Christmas Party.

How much funding has Covina Assembly raised?

Covina Assembly has raised a total of $352K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$202K

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

Debt (2021): $202K led by PPP

Key Investors in Covina Assembly

PPP

Public-Private Partnership

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Covina Assembly?

The recent large-scale, late-stage funding indicates Covina Assembly is poised for significant expansion and enhancement of its community outreach and ministry programs. This strategic investment will likely fuel the scaling of its existing services, potentially enabling the establishment of new venues or the expansion of its foster care and economic relief initiatives. The focus on strategic investment suggests a move towards solidifying its operational infrastructure and broadening its impact within the communities it serves, ensuring long-term sustainability and increased capacity for its diverse programs.

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Frequently Asked Questions Regarding Covina Assembly Financial Insights

What are the most recent funding rounds that Covina Assembly has completed, and what were the funding rounds?
Covina Assembly has recently completed 2 funding rounds: Debt on Jan 23, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Covina Assembly has raised to date?
Covina Assembly has raised a total of $352K in funding to date.
How many funding rounds has Covina Assembly completed?
Covina Assembly has completed 2 funding rounds.
How much funding did Covina Assembly raise in its most recent funding round?
Covina Assembly raised $202K in its most recent funding round.
Who are the lead investors in Covina Assembly's latest funding round?
The lead investor in Covina Assembly'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 Covina Assembly's history?
The largest funding round in Covina Assembly's history was $202K.
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