What is Nsoro?
Founded in 2005, the nsoro Educational Foundation focuses on empowering young individuals transitioning out of foster care. The foundation's holistic scholarship program aims to ensure equitable access to postsecondary education, fostering responsible young adults. Nsoro reports a graduation rate significantly higher than the national average for former foster youth, currently supporting over 300 scholars across 32 states in partnership with numerous colleges and universities nationwide.
How much funding has Nsoro raised?
Nsoro has raised a total of $35K across 1 funding round:
Debt
$35K
Debt (2021): $35K with participation from PPP
Key Investors in Nsoro
PPP
Public-Private Partnership
What's next for Nsoro?
With the recent influx of significant expansion capital, Nsoro is poised for further scaling of its impactful programs. This strategic investment, likely at a Series B/C stage, will enable the foundation to broaden its reach, potentially increasing the number of scholars supported and expanding its network of partner institutions. The focus remains on enhancing the transition into adulthood for young people aging out of foster care, with an emphasis on academic success and long-term stability.
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