How Much Did Hand Raise?
Funding & Key Investors

The Homeless Action Network of Detroit (HAND) has secured $1M in total capital, with a recent strategic investment of $1M. This significant backing underscores the organization's critical role in addressing homelessness within Detroit, Hamtramck, and Highland Park.

What is Hand?

Hand
OrganizationsNon-Profit & Charitable Organizations

The Homeless Action Network of Detroit (HAND) operates as the Lead Agency for the cities of Detroit, Hamtramck, and Highland Park, Michigan. Its core mission is to provide leadership in the effort to end homelessness. HAND offers a comprehensive suite of services, including advocacy, resource provision, and a coordinated entry system within the Continuum of Care framework. The organization also dedicates efforts to increasing public awareness of homelessness and delivering essential support to individuals and families experiencing housing insecurity. This enterprise-level funding suggests HAND is scaling its operations to meet the growing demand for its services.

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?

With a recent major strategic investment and substantial total funding, HAND is poised to expand its impact. The organization's focus on advocacy, resource coordination, and awareness campaigns is likely to be amplified. Future initiatives may involve strengthening partnerships within the Continuum of Care, enhancing direct service delivery, and potentially leveraging this capital for innovative solutions to homelessness. The enterprise-level nature of the funding indicates a strategic push towards long-term sustainability and broader reach in its mission.

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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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