How Much Did Frederick MD Raise?
Funding & Key Investors

Frederick MD has secured $1.6M in total capital, with a recent strategic investment of $1.6M. This significant backing underscores the city's ongoing commitment to enhancing its operational capacity and expanding its service offerings to residents and businesses. The latest funding round signifies a pivotal moment in its development, positioning it for accelerated growth and improved public services.

What is Frederick MD?

Frederick MD
GovernmentLocal

The City of Frederick, MD, operates as a municipal government entity dedicated to providing a comprehensive suite of services. Its purview includes resident and business support, robust parks and recreation programs, and strategic economic development initiatives. The city actively fosters community engagement through mechanisms like Neighborhood Advisory Councils and public meetings, ensuring transparent governance. Furthermore, Frederick is undertaking modernization efforts, such as its parking system, while consistently soliciting community input on local governance. Its primary constituents are the residents, local businesses, and visitors who benefit from its diverse public services.

How much funding has Frederick MD raised?

Frederick MD has raised a total of $1.6M across 1 funding round:

2021

Grant

$1.6M

Grant (2021): $1.6M with participation from American Rescue Plan

Key Investors in Frederick MD

American Rescue Plan

The American Rescue Plan is a federal government initiative providing significant financial aid to support economic recovery and public services across the United States.

What's next for Frederick MD?

With the recent major strategic investment, Frederick MD is poised to further its mission of enhancing municipal services and fostering economic vitality. The capital infusion is expected to fuel advancements in resident and business support systems, potentially leading to expanded economic development programs and improved infrastructure. This strategic backing suggests a focus on long-term growth and operational efficiency, aiming to solidify Frederick's position as a well-managed and responsive city government.

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Frequently Asked Questions Regarding Frederick MD Financial Insights

What are the most recent funding rounds that Frederick MD has completed, and what were the funding rounds?
Frederick MD has recently completed 1 funding rounds: Grant on Apr 1, 2021.
What is the total amount of funding Frederick MD has raised to date?
Frederick MD has raised a total of $1.6M in funding to date.
How many funding rounds has Frederick MD completed?
Frederick MD has completed 1 funding rounds.
How much funding did Frederick MD raise in its most recent funding round?
Frederick MD raised $1.6M in its most recent funding round.
Who are the lead investors in Frederick MD's latest funding round?
The lead investor in Frederick MD's latest funding round was American Rescue Plan. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Frederick MD's history?
The largest funding round in Frederick MD's history was $1.6M.
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