How Much Did Drive Change Raise?
Funding & Key Investors

Drive Change has successfully secured a major strategic investment, marking a significant milestone in its mission to reshape workforce development within the hospitality sector. With a total capital infusion of $150K, the organization is well-positioned to scale its impact-driven initiatives. This recent funding amount of $150K underscores the growing institutional confidence in the firm's ability to bridge the gap between social justice and professional culinary training.

What is Drive Change?

Drive Change
EducationTrainingNon-Profit & Charitable Organizations

Drive Change operates as a specialized social enterprise dedicated to transforming the career trajectories of formerly incarcerated youth. By leveraging the food and hospitality industry as a vehicle for economic mobility, the organization provides comprehensive training, leadership development, and social support systems. Through its core Fellowship program and commercial ventures like Drive Change Foods, the company creates a sustainable ecosystem that fosters professional growth while simultaneously addressing systemic barriers to employment. Their market position is unique, sitting at the intersection of high-quality culinary education and social advocacy, effectively turning hospitality into a catalyst for long-term societal change.

How much funding has Drive Change raised?

Drive Change has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Drive Change

PPP

Public-Private Partnership

What's next for Drive Change?

With this late-stage capital, Drive Change is poised to expand its operational footprint and deepen its programmatic reach. The strategic deployment of these funds will likely focus on scaling the Fellowship model and enhancing the infrastructure of its food-related enterprises. By strengthening its industry partnerships, the organization aims to solidify its role as a leader in inclusive hiring practices, ensuring that its participants are not only trained but also integrated into high-growth hospitality roles. As the firm matures, the focus will shift toward measuring long-term economic outcomes and advocating for broader policy shifts within the food service industry, ultimately driving systemic impact at scale.

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Frequently Asked Questions Regarding Drive Change Financial Insights

What are the most recent funding rounds that Drive Change has completed, and what were the funding rounds?
Drive Change has recently completed 1 funding rounds: Debt on May 25, 2020.
What is the total amount of funding Drive Change has raised to date?
Drive Change has raised a total of $150K in funding to date.
How many funding rounds has Drive Change completed?
Drive Change has completed 1 funding rounds.
How much funding did Drive Change raise in its most recent funding round?
Drive Change raised $150K in its most recent funding round.
Who are the lead investors in Drive Change's latest funding round?
The lead investor in Drive Change'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 Drive Change's history?
The largest funding round in Drive Change's history was $150K.
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