How Much Did Hips Raise?
Funding & Key Investors

Hips has secured $150K in total funding, with its most recent capital infusion amounting to $150K. This recent strategic investment marks a significant milestone for the company, underscoring its established position and growth trajectory in its sector. The company's funding history, which includes a debt financing round in May 2020, points towards a strategic approach to capital management as it navigates its late-stage development.

What is Hips?

Hips
OrganizationsNon-Profit & Charitable Organizations

Hips, established in 1993 by community representatives, has evolved into a comprehensive program dedicated to providing specialized services, education, and advocacy for individuals engaged in sex work, the sex trade, and drug use within Washington, D.C. The organization champions the belief that these communities should have the autonomy to live healthy, self-determined lives, free from stigma, violence, criminalization, or oppression. Hips actively works to dismantle structural barriers that impede health, safety, and prosperity for its constituents.

How much funding has Hips raised?

Hips has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Hips

PPP

Public-Private Partnership

What's next for Hips?

With the recent large-scale, late-stage funding, Hips is poised for significant expansion and enhancement of its services. This strategic capital injection is expected to fuel initiatives aimed at broadening its reach, deepening its impact, and further advocating for the rights and well-being of the communities it serves. The company's focus on challenging systemic issues suggests future efforts will likely involve scaling advocacy programs, expanding educational outreach, and potentially developing new service models to address evolving needs.

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Frequently Asked Questions Regarding Hips Financial Insights

What are the most recent funding rounds that Hips has completed, and what were the funding rounds?
Hips has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Hips has raised to date?
Hips has raised a total of $150K in funding to date.
How many funding rounds has Hips completed?
Hips has completed 1 funding rounds.
How much funding did Hips raise in its most recent funding round?
Hips raised $150K in its most recent funding round.
Who are the lead investors in Hips's latest funding round?
The lead investor in Hips'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 Hips's history?
The largest funding round in Hips's history was $150K.
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