How Much Did Groundwork Somerville Raise?
Funding & Key Investors

Groundwork Somerville has secured $25K in total financing, with a recent infusion of $25K designated as substantial expansion capital. This recent investment underscores the organization's significant progress and its current standing at a substantial Series B/C stage of development.

What is Groundwork Somerville?

Groundwork Somerville
OrganizationsNon-Profit & Charitable Organizations

Groundwork Somerville is a 501(c)(3) nonprofit organization based in Somerville, Massachusetts, committed to fostering the next generation of environmental leaders. Established in 2000, the organization champions a healthier, greener, and more equitable urban environment through initiatives in urban farming, youth leadership development, and community advocacy. Its core program, South Street Farm, not only provides local youth with employment opportunities but also cultivates organic produce distributed within the community at accessible price points. Groundwork Somerville's mission is to empower residents by enhancing access to culturally relevant food sources and promoting robust community engagement.

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

What's next for Groundwork Somerville?

With the recent influx of expansion capital, Groundwork Somerville is poised for significant growth and enhanced community impact. The organization is expected to leverage this financing to scale its urban farming operations, broaden its youth leadership programs, and deepen its community advocacy efforts. This strategic investment will likely enable Groundwork Somerville to further its mission of cultivating environmental leaders and building a more sustainable and equitable city, potentially expanding its reach to new neighborhoods or developing innovative approaches to urban agriculture and environmental education.

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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