What is First 72?
First 72 is a nonprofit organization committed to facilitating the successful transition of individuals from incarceration back into society. The organization provides a comprehensive suite of services, including transitional housing, personalized case management, legal assistance, and economic empowerment programs. These initiatives are designed to equip formerly incarcerated individuals with the necessary resources and support to foster independence, rebuild their lives, and achieve community acceptance. By focusing on the inherent strengths of its clients, First 72 aims to create sustainable pathways for reentry and reduce recidivism.
How much funding has First 72 raised?
First 72 has raised a total of $101K across 1 funding round:
Debt
$101K
Debt (2021): $101K with participation from PPP
Key Investors in First 72
PPP
Public-Private Partnership
What's next for First 72?
The recent strategic investment in First 72 signals a pivotal moment for the organization, likely enabling an expansion of its program offerings and reach. As a large-scale late-stage funding context, this capital is expected to fuel the scaling of its successful reentry models, potentially allowing for broader geographic impact and the development of new support mechanisms. This backing will be instrumental in First 72's mission to create more robust support systems for individuals navigating the complexities of reintegration, thereby strengthening community ties and promoting long-term stability.
See full First 72 company page
