FIRST Funding: How Much Did They Raise & Key Investors

How Much Did FIRST Raise?
Funding & Key Investors

FIRST, a non-profit organization specializing in STEM education, has secured $2.8M in total capital, with its most recent financing round bringing in $2M through a major strategic investment. This significant backing underscores the organization's established presence and its critical role in fostering future innovators.

The company's funding history, which includes a $2B debt financing in April 2020 and $750M in other financing in September 2018, indicates a trajectory of sustained financial support for its mission-driven initiatives.

What is FIRST?

FIRST

Education

Training

Non-Profit & Charitable Organizations

Founded in 1989 and headquartered in Manchester, New Hampshire, FIRST is dedicated to building science, engineering, and technology skills through its distinctive mentor-based programs. The organization operates at the intersection of education and innovation, aiming to inspire young minds and equip them with the foundational knowledge and practical experience necessary for success in STEM fields. Its long-standing commitment and specialized approach have positioned it as a key player in youth development and STEM advocacy.

How much funding has FIRST raised?

FIRST has raised a total of $2.8M across 2 funding rounds:

2018

Other Financing Round

$750K

2020

Debt

$2M

Other Financing Round (2018): $750K, investors not publicly disclosed

Debt (2020): $2M led by PPP

Key Investors in FIRST

PPP

Public-Private Partnership

What's next for FIRST?

The recent major strategic investment, alongside the substantial total funding, suggests FIRST is poised for significant expansion and enhancement of its programs. This capital infusion is likely to fuel the scaling of its mentor-based initiatives, potentially reaching a broader demographic of students and expanding its geographical footprint. The organization's focus on enterprise-level funding indicates a strategic move towards sustainable growth and increased impact in cultivating the next generation of scientists, engineers, and technologists.

See full FIRST company page

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