How Much Did CrossRoads Raise?
Funding & Key Investors

CrossRoads has successfully secured a significant infusion of capital, bringing its total funding to $10K. This latest round, which provided $10K in moderate growth capital, underscores the organization's pivotal role in regional food security and agricultural logistics. By leveraging this financial backing, the entity is positioned to scale its operational capacity within the Daviess County ecosystem, ensuring that essential resources reach vulnerable populations with greater efficiency and reach.

What is CrossRoads?

CrossRoads
OrganizationsNon-Profit & Charitable Organizations

CrossRoads operates as a critical intermediary in the agricultural supply chain, specifically serving as the primary distributor of farmers' market vouchers for low-to-no-income senior citizens in Daviess County. Through a strategic partnership with the Kentucky Department of Agriculture, the organization bridges the gap between local agricultural producers and food-insecure demographics. This model not only supports the economic viability of regional farmers but also addresses systemic nutritional challenges, establishing CrossRoads as a cornerstone of community-based social welfare infrastructure.

How much funding has CrossRoads raised?

CrossRoads has raised a total of $10K across 1 funding round:

2021

Debt

$10K

Debt (2021): $10K with participation from PPP

Key Investors in CrossRoads

PPP

Public-Private Partnership

What's next for CrossRoads?

With the recent injection of $10K, CrossRoads is entering a critical phase of organizational scaling. The current Series A/B growth stage trajectory suggests a focus on optimizing distribution networks and potentially expanding the scope of its voucher programs to encompass a broader geographic footprint or additional demographic segments. Future strategic initiatives will likely prioritize the integration of digital tracking systems to enhance voucher redemption transparency and the cultivation of deeper institutional partnerships to ensure long-term fiscal sustainability. As the organization matures, its ability to demonstrate measurable impact on both local agricultural revenue and senior health outcomes will be paramount to securing future rounds of investment.

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Frequently Asked Questions Regarding CrossRoads Financial Insights

What are the most recent funding rounds that CrossRoads has completed, and what were the funding rounds?
CrossRoads has recently completed 1 funding rounds: Debt on Feb 4, 2021.
What is the total amount of funding CrossRoads has raised to date?
CrossRoads has raised a total of $10K in funding to date.
How many funding rounds has CrossRoads completed?
CrossRoads has completed 1 funding rounds.
How much funding did CrossRoads raise in its most recent funding round?
CrossRoads raised $10K in its most recent funding round.
Who are the lead investors in CrossRoads's latest funding round?
The lead investor in CrossRoads'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 CrossRoads's history?
The largest funding round in CrossRoads's history was $10K.
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