How Much Did Groundwork Somerville Raise?
Funding & Key Investors

Groundwork Somerville has successfully secured a significant capital injection, bringing its total funding to $25K. This latest financing round, which accounts for $25K, underscores the organization's commitment to scaling its urban agricultural initiatives and youth leadership programs. By leveraging this substantial expansion capital, the non-profit is well-positioned to deepen its impact within the Somerville community, reinforcing its role as a pivotal force in environmental equity and local food security.

What is Groundwork Somerville?

Groundwork Somerville
OrganizationsNon-Profit & Charitable Organizations

Established in 2000, Groundwork Somerville operates as a 501(c)(3) non-profit dedicated to the cultivation of environmental stewardship and urban sustainability. The organization distinguishes itself through a multifaceted approach that integrates urban farming with youth development and community advocacy. Its flagship initiative, South Street Farm, serves as a critical hub for organic food production, providing the local population with access to fresh, culturally relevant produce. By bridging the gap between environmental education and food justice, Groundwork Somerville has solidified its market position as a leader in community-driven urban development, effectively transforming underutilized spaces into productive, equitable assets for the city of Somerville.

How much funding has Groundwork Somerville raised?

Groundwork Somerville has raised a total of $25K across 1 funding round:

2021

Debt

$25K

Debt (2021): $25K with participation from PPP

Key Investors in Groundwork Somerville

PPP

Public-Private Partnership

What's next for Groundwork Somerville?

With the recent influx of capital, Groundwork Somerville is poised to enter a new phase of operational maturity. The organization is expected to prioritize the expansion of its youth employment programs and the optimization of its urban farming infrastructure. Strategic focus will likely shift toward enhancing the scalability of its food distribution models, ensuring that the benefits of its agricultural output reach a broader demographic. As the organization navigates this growth stage, it will continue to leverage community partnerships to foster long-term resilience and environmental health, setting a benchmark for non-profit organizations operating within the urban agriculture and social impact sectors.

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

Additional financial insights in the Organizations industry

Non-Profit & Charitable OrganizationsOrganizationsBusiness ServicesProject Management
OrganizationsChurch ManagementMembership Organizations
Non-Profit & Charitable OrganizationsOrganizations
Membership OrganizationsOrganizations

Frequently Asked Questions Regarding Groundwork Somerville Financial Insights

What are the most recent funding rounds that Groundwork Somerville has completed, and what were the funding rounds?
Groundwork Somerville has recently completed 1 funding rounds: Debt on Jan 23, 2021.
What is the total amount of funding Groundwork Somerville has raised to date?
Groundwork Somerville has raised a total of $25K in funding to date.
How many funding rounds has Groundwork Somerville completed?
Groundwork Somerville has completed 1 funding rounds.
How much funding did Groundwork Somerville raise in its most recent funding round?
Groundwork Somerville raised $25K in its most recent funding round.
Who are the lead investors in Groundwork Somerville's latest funding round?
The lead investor in Groundwork Somerville'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 Somerville's history?
The largest funding round in Groundwork Somerville's history was $25K.
See more information about Groundwork Somerville