How Much Did Meals Raise?
Funding & Key Investors

Meals has secured $350K in total funding, with a recent strategic investment of $350K announced on April 14, 2020. This significant capital infusion positions the organization for its next phase of growth.

What is Meals?

Meals
OrganizationsNon-Profit & Charitable Organizations

Meals on Wheels of Staten Island is a vital nonprofit organization committed to delivering two nutritious meals daily to over 1,300 homebound seniors who face challenges in shopping or preparing their own food. Beyond meal delivery, the organization provides crucial safety checks and fosters essential human interaction through its dedicated volunteer network. With a clear mission to support the expanding senior population on Staten Island, Meals on Wheels annually serves more than 750,000 meals, underscoring its critical role in community elder care. The organization actively encourages community involvement through volunteering and donations to further enhance its impactful services.

How much funding has Meals raised?

Meals has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Meals

PPP

Public-Private Partnership

What's next for Meals?

The recent strategic investment, alongside the substantial total funding of $350K, indicates that Meals on Wheels of Staten Island is likely in a mature growth phase, focusing on scaling its operational capacity and expanding its reach within the community. This capital will enable the organization to enhance its meal preparation and delivery infrastructure, potentially invest in technology for more efficient logistics, and broaden its outreach programs to serve an even greater number of homebound seniors. The organization's commitment to community engagement suggests future initiatives may also focus on strengthening volunteer recruitment and donor relations to ensure long-term sustainability and impact.

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Frequently Asked Questions Regarding Meals Financial Insights

What are the most recent funding rounds that Meals has completed, and what were the funding rounds?
Meals has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Meals has raised to date?
Meals has raised a total of $350K in funding to date.
How many funding rounds has Meals completed?
Meals has completed 1 funding rounds.
How much funding did Meals raise in its most recent funding round?
Meals raised $350K in its most recent funding round.
Who are the lead investors in Meals's latest funding round?
The lead investor in Meals'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 Meals's history?
The largest funding round in Meals's history was $350K.
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