How Much Did LibrariesFirst Raise?
Funding & Key Investors

LibrariesFirst has secured $20K in total capital, with a recent infusion of $20K in expansion financing. This substantial backing underscores the organization's critical role in enhancing library services across public and high school institutions. The latest funding round, occurring on March 20, 2021, was characterized as significant expansion capital, signaling a strategic push for growth and broader community impact.

What is LibrariesFirst?

LibrariesFirst
OrganizationsMembership OrganizationsNon-Profit & Charitable Organizations

LibrariesFirst is a non-profit entity committed to equipping public and high school libraries with cutting-edge and cost-effective products and services. Established in 2006, the organization's core mission revolves around empowering libraries to better serve their communities through inventive solutions. By facilitating access to electronic resources and negotiating preferential pricing for over 400 member libraries, LibrariesFirst amplifies the collective bargaining power of these institutions, thereby enhancing their operational capabilities and outreach.

How much funding has LibrariesFirst raised?

LibrariesFirst has raised a total of $20K across 1 funding round:

2021

Debt

$20K

Debt (2021): $20K with participation from PPP

Key Investors in LibrariesFirst

PPP

Public-Private Partnership

What's next for LibrariesFirst?

With significant capital secured, LibrariesFirst is poised for accelerated growth and enhanced service delivery. The recent expansion financing suggests a strategic focus on scaling its operations, potentially through the development of new technological solutions, broader outreach to underserved libraries, or strengthening existing partnerships. The organization's trajectory indicates a commitment to further solidifying its position as a vital resource for libraries seeking to modernize their offerings and maximize their community impact in an increasingly digital landscape.

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Frequently Asked Questions Regarding LibrariesFirst Financial Insights

What are the most recent funding rounds that LibrariesFirst has completed, and what were the funding rounds?
LibrariesFirst has recently completed 1 funding rounds: Debt on Mar 20, 2021.
What is the total amount of funding LibrariesFirst has raised to date?
LibrariesFirst has raised a total of $20K in funding to date.
How many funding rounds has LibrariesFirst completed?
LibrariesFirst has completed 1 funding rounds.
How much funding did LibrariesFirst raise in its most recent funding round?
LibrariesFirst raised $20K in its most recent funding round.
Who are the lead investors in LibrariesFirst's latest funding round?
The lead investor in LibrariesFirst'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 LibrariesFirst's history?
The largest funding round in LibrariesFirst's history was $20K.
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