How Much Did Groundwork Rhode Island Raise?
Funding & Key Investors

Groundwork Rhode Island has secured $53K in total capital, with a recent financing round of $53K aimed at substantial expansion. This investment underscores the company's significant Series B/C stage, signaling a period of accelerated growth and strategic development in its mission to foster urban resilience and equity.

What is Groundwork Rhode Island?

Groundwork Rhode Island
OrganizationsNon-Profit & Charitable OrganizationsConsumer Services

Groundwork Rhode Island is a non-profit organization committed to revitalizing urban communities across Rhode Island. Through its operational arm, GroundCorp, the company provides landscape design and maintenance services, while also championing youth employment via its Green Team program. A unique initiative, Harvest Cycle, utilizes a bike-powered composting service, further demonstrating Groundwork's dedication to sustainable urban practices and community engagement. The organization prioritizes employing local residents and high school youth, offering them valuable job training and opportunities to contribute to meaningful community service projects that enhance the physical environment and create economic pathways.

How much funding has Groundwork Rhode Island raised?

Groundwork Rhode Island has raised a total of $53K across 1 funding round:

2021

Debt

$53K

Debt (2021): $53K with participation from PPP

What's next for Groundwork Rhode Island?

With the recent influx of substantial expansion capital, Groundwork Rhode Island is poised to significantly scale its operations. This strategic investment is expected to fuel the enhancement of its physical environment initiatives and broaden the scope of economic opportunities for local residents. Future developments will likely focus on expanding the reach of GroundCorp's services, increasing participation in youth employment programs, and potentially growing the Harvest Cycle composting service. The company's trajectory suggests a continued commitment to building healthier, more resilient, and equitable urban communities, leveraging this funding to deepen its impact and solidify its position as a leader in urban revitalization.

See full Groundwork Rhode Island company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Organizations industry

Membership OrganizationsOrganizationsNon-Profit & Charitable Organizations
OrganizationsChurch Management
Membership OrganizationsOrganizations
Non-Profit & Charitable OrganizationsOrganizations

Frequently Asked Questions Regarding Groundwork Rhode Island Financial Insights

What are the most recent funding rounds that Groundwork Rhode Island has completed, and what were the funding rounds?
Groundwork Rhode Island has recently completed 1 funding rounds: Debt on Jan 26, 2021.
What is the total amount of funding Groundwork Rhode Island has raised to date?
Groundwork Rhode Island has raised a total of $53K in funding to date.
How many funding rounds has Groundwork Rhode Island completed?
Groundwork Rhode Island has completed 1 funding rounds.
How much funding did Groundwork Rhode Island raise in its most recent funding round?
Groundwork Rhode Island raised $53K in its most recent funding round.
Who are the lead investors in Groundwork Rhode Island's latest funding round?
The lead investor in Groundwork Rhode Island'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 Groundwork Rhode Island's history?
The largest funding round in Groundwork Rhode Island's history was $53K.
See more information about Groundwork Rhode Island