How Much Did Development Centers Raise?
Funding & Key Investors

Development Centers, a Detroit-based organization focused on comprehensive support services, has secured $2M in total capital, with a recent strategic investment of $2M. This significant financing underscores the enterprise-level backing the organization has attracted as it continues to expand its reach and impact within the community.

What is Development Centers?

Development Centers
OrganizationsNon-Profit & Charitable OrganizationsHealthcare Services

Development Centers provides critical support services for children, adults, and families in Detroit, Michigan. Their programs encompass mental health services, early childhood education, and adult employment training, all aimed at fostering healthier and happier lives for individuals. Recently, the organization merged with Southwest Solutions to form a new entity, MiSide, thereby enhancing its capacity to serve the community. Development Centers is dedicated to an inclusive approach, ensuring accessibility to its services regardless of background or financial standing.

How much funding has Development Centers raised?

Development Centers has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Development Centers

PPP

Public-Private Partnership

What's next for Development Centers?

The recent major strategic investment signals a period of significant growth and potential expansion for Development Centers, now operating as MiSide. This capital infusion is expected to bolster their existing programs and potentially enable the launch of new initiatives in mental health, early childhood development, and employment services. The focus on enterprise-level backing suggests a strategic vision for scaling operations and deepening community impact in Detroit.

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Frequently Asked Questions Regarding Development Centers Financial Insights

What are the most recent funding rounds that Development Centers has completed, and what were the funding rounds?
Development Centers has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Development Centers has raised to date?
Development Centers has raised a total of $2M in funding to date.
How many funding rounds has Development Centers completed?
Development Centers has completed 1 funding rounds.
How much funding did Development Centers raise in its most recent funding round?
Development Centers raised $2M in its most recent funding round.
Who are the lead investors in Development Centers's latest funding round?
The lead investor in Development Centers'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 Development Centers's history?
The largest funding round in Development Centers's history was $2M.
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