How Much Did Hips Raise?
Funding & Key Investors

Hips has successfully secured a significant capital injection, bringing its total funding to $150K. This latest major strategic investment of $150K marks a pivotal moment for the organization as it seeks to expand its reach in providing essential services to marginalized communities. By leveraging this financial backing, the entity is well-positioned to scale its advocacy and health-focused initiatives, reinforcing its long-standing commitment to community-led support systems in Washington, D.C.

What is Hips?

Hips
OrganizationsNon-Profit & Charitable Organizations

Established in 1993, Hips operates as a specialized service provider dedicated to supporting youth and individuals engaged in sex work and drug use. The organization functions as a critical pillar for community health, offering a comprehensive suite of services that prioritize self-determination and safety. By actively challenging structural barriers such as criminalization and systemic violence, Hips has carved out a unique market position as both a service provider and a vocal advocate for the rights and well-being of its constituents. Its operational model is deeply rooted in the belief that health and prosperity are fundamental rights, regardless of an individual's engagement in the sex trade or substance use.

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 influx of capital, Hips is poised to transition into a more robust phase of organizational development. The strategic focus will likely shift toward enhancing the scalability of its advocacy programs and deepening its impact on public policy regarding harm reduction and social equity. As the organization navigates this late-stage growth, the primary objective remains the dismantling of systemic oppression through expanded educational outreach and the provision of sustainable, self-sufficient resources for its target demographics. This financial milestone provides the necessary runway to solidify its infrastructure and ensure the long-term viability of its community-centric mission.

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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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