How Much Did First Place AZ Raise?
Funding & Key Investors

First Place AZ has successfully secured a significant capital injection, bringing its total funding to $449K. This latest round, characterized by a $299K major strategic investment, underscores the organization's robust growth trajectory within the specialized housing sector. By leveraging this financial backing, the entity continues to solidify its operational footprint, ensuring that its mission-critical infrastructure remains sustainable and scalable for the long term.

What is First Place AZ?

First Place AZ
Healthcare ServicesElderly Care ServicesReal Estate

First Place AZ operates at the intersection of social impact and real estate, providing innovative independent living solutions for young adults with autism and other neurodevelopmental disabilities. Based in Phoenix, the organization distinguishes itself from traditional group homes or assisted living facilities by fostering a community-centric environment that prioritizes autonomy. Through its integrated Transition Academy and comprehensive employment support services, First Place AZ equips residents with the essential skills required for professional and personal success. This model represents a paradigm shift in how supportive housing is conceptualized, moving away from institutional care toward a model of inclusive, community-based living that empowers individuals to thrive in a home-like setting.

How much funding has First Place AZ raised?

First Place AZ has raised a total of $449K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$299K

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

Debt (2021): $299K led by PPP

Key Investors in First Place AZ

PPP

Public-Private Partnership

What's next for First Place AZ?

With the recent influx of capital, First Place AZ is well-positioned to accelerate its strategic objectives, likely focusing on the expansion of its residential capacity and the enhancement of its vocational training programs. As the organization moves through this late-stage funding cycle, the focus will shift toward optimizing operational efficiencies and potentially scaling its unique model to other urban centers. By maintaining a strong balance sheet, the leadership team can continue to invest in high-quality infrastructure and specialized staff, ensuring that the organization remains a leader in the neurodiversity support space while delivering measurable social outcomes for its residents and their families.

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Frequently Asked Questions Regarding First Place AZ Financial Insights

What are the most recent funding rounds that First Place AZ has completed, and what were the funding rounds?
First Place AZ has recently completed 2 funding rounds: Debt on Feb 4, 2021, Debt on Apr 14, 2020.
What is the total amount of funding First Place AZ has raised to date?
First Place AZ has raised a total of $449K in funding to date.
How many funding rounds has First Place AZ completed?
First Place AZ has completed 2 funding rounds.
How much funding did First Place AZ raise in its most recent funding round?
First Place AZ raised $299K in its most recent funding round.
Who are the lead investors in First Place AZ's latest funding round?
The lead investor in First Place AZ'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 First Place AZ's history?
The largest funding round in First Place AZ's history was $299K.
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