How Much Did Hand Raise?
Funding & Key Investors

The Homeless Action Network of Detroit, known as Hand, has solidified its operational capacity through a significant capital infusion. With a total funding accumulation of $1M, the organization continues to leverage its position as a critical infrastructure provider. The most recent strategic investment of $1M underscores the organization's commitment to scaling its Continuum of Care framework across Detroit, Hamtramck, and Highland Park. This financial backing serves as a cornerstone for the entity's long-term mission to mitigate housing instability through coordinated regional leadership.

What is Hand?

Hand
OrganizationsNon-Profit & Charitable Organizations

Hand functions as the primary Lead Agency tasked with orchestrating the response to homelessness within its designated Michigan jurisdictions. By managing the complex logistics of the Continuum of Care, the organization acts as a central hub for advocacy, resource allocation, and coordinated entry systems. Its market position is defined by its ability to bridge the gap between public policy and direct service delivery, ensuring that homeless individuals and families receive streamlined access to essential support networks. Through rigorous data management and community-wide collaboration, Hand maintains a high-authority status in the social services sector, effectively transforming how regional stakeholders address systemic housing challenges.

How much funding has Hand raised?

Hand has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in Hand

PPP

Public-Private Partnership

What's next for Hand?

Looking ahead, the deployment of this major strategic investment will likely focus on enhancing the technological infrastructure of the coordinated entry system and expanding the reach of advocacy initiatives. As Hand moves into its next phase of development, the focus will shift toward optimizing resource distribution and increasing public awareness regarding the complexities of homelessness. By strengthening its operational backbone, the organization is well-positioned to improve service efficacy and foster deeper partnerships with municipal and private stakeholders. This trajectory suggests a move toward more data-driven, scalable interventions that prioritize long-term housing stability for the populations served.

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Frequently Asked Questions Regarding Hand Financial Insights

What are the most recent funding rounds that Hand has completed, and what were the funding rounds?
Hand has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding Hand has raised to date?
Hand has raised a total of $1M in funding to date.
How many funding rounds has Hand completed?
Hand has completed 1 funding rounds.
How much funding did Hand raise in its most recent funding round?
Hand raised $1M in its most recent funding round.
Who are the lead investors in Hand's latest funding round?
The lead investor in Hand'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 Hand's history?
The largest funding round in Hand's history was $1M.
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