How Much Did Desert Recreation District Raise?
Funding & Key Investors

Desert Recreation District has secured $150K in total capital, with a recent strategic investment of $150K on May 3, 2020. This significant financing underscores the district's established presence and ongoing operational capacity within the Coachella Valley.

What is Desert Recreation District?

Desert Recreation District
HospitalityFitness & Dance Facilities

The Desert Recreation District (DRD) is the largest park and recreation district in California, serving six cities and eight unincorporated areas across the Coachella Valley in Southern California. Spanning over 1,800 square miles and utilizing more than 25 facilities and parks, DRD is dedicated to promoting healthy lifestyles through a comprehensive array of programs, activities, and special events for residents of all ages. Its offerings range from youth after-school programs to adult fitness leagues and community-wide special events, alongside venue rentals for private functions. DRD functions as a key community resource, partnering with local areas to foster wellness and engagement.

How much funding has Desert Recreation District raised?

Desert Recreation District has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Desert Recreation District

PPP

Public-Private Partnership

What's next for Desert Recreation District?

The recent strategic investment of $150K positions Desert Recreation District for continued expansion and enhancement of its extensive recreational services. As a large-scale, late-stage entity, this capital infusion is likely earmarked for infrastructure upgrades, program development, and potentially the expansion of its service footprint within the Coachella Valley. The focus on community wellness and engagement suggests future initiatives will aim to broaden participation and maintain the district's role as a vital public service provider.

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Frequently Asked Questions Regarding Desert Recreation District Financial Insights

What are the most recent funding rounds that Desert Recreation District has completed, and what were the funding rounds?
Desert Recreation District has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Desert Recreation District has raised to date?
Desert Recreation District has raised a total of $150K in funding to date.
How many funding rounds has Desert Recreation District completed?
Desert Recreation District has completed 1 funding rounds.
How much funding did Desert Recreation District raise in its most recent funding round?
Desert Recreation District raised $150K in its most recent funding round.
Who are the lead investors in Desert Recreation District's latest funding round?
The lead investor in Desert Recreation District'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 Desert Recreation District's history?
The largest funding round in Desert Recreation District's history was $150K.
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