How Much Did MDC Raise?
Funding & Key Investors

MDC, a long-standing pillar of community development in Tacoma, Washington, has successfully secured a major strategic investment to bolster its operational capacity. This latest capital injection, totaling $1M, represents a significant milestone in the organization's multi-decade history. With a cumulative financial backing of $1M, the non-profit is well-positioned to scale its essential service delivery models across the Pacific Northwest.

What is MDC?

MDC
OrganizationsNon-Profit & Charitable Organizations

Founded in 1964, MDC operates as a comprehensive non-profit organization dedicated to addressing systemic community challenges. The firm maintains a robust service portfolio that spans critical sectors including affordable housing, public health initiatives, educational support, and workforce employment programs. By integrating these diverse service lines, MDC functions as a vital social infrastructure provider, effectively bridging the gap between vulnerable populations and essential resources. Its market position is defined by deep-rooted institutional knowledge and a proven track record of navigating complex social service landscapes to drive measurable community outcomes.

How much funding has MDC raised?

MDC has raised a total of $1M across 1 funding round:

2020

Debt

$1M

Debt (2020): $1M with participation from PPP

Key Investors in MDC

PPP

Public-Private Partnership

What's next for MDC?

With the infusion of this major enterprise-level funding, MDC is expected to prioritize the expansion of its core service pillars. The strategic roadmap likely involves upgrading digital infrastructure to improve client intake efficiency and scaling housing initiatives to meet the rising demand in the Tacoma metropolitan area. By leveraging this capital, the organization aims to enhance its long-term sustainability, ensuring that its health and employment programs remain resilient against shifting economic headwinds. Future growth will likely focus on deepening public-private partnerships to diversify revenue streams and solidify its role as a primary community development agency.

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Frequently Asked Questions Regarding MDC Financial Insights

What are the most recent funding rounds that MDC has completed, and what were the funding rounds?
MDC has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding MDC has raised to date?
MDC has raised a total of $1M in funding to date.
How many funding rounds has MDC completed?
MDC has completed 1 funding rounds.
How much funding did MDC raise in its most recent funding round?
MDC raised $1M in its most recent funding round.
Who are the lead investors in MDC's latest funding round?
The lead investor in MDC'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 MDC's history?
The largest funding round in MDC's history was $1M.
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