How Much Did Obt Raise?
Funding & Key Investors

Obt has successfully secured a significant capital injection, bringing its total funding to $1M. This latest financing round, which accounts for $1M, underscores the organization's pivotal role in the New York City workforce development landscape. By leveraging this recent strategic investment, the entity is well-positioned to scale its operational capacity and deepen its impact on economic mobility for underserved populations across the metropolitan area.

What is Obt?

Obt
EducationTrainingNon-Profit & Charitable Organizations

Obt operates as a specialized workforce development organization dedicated to bridging the gap between systemic inequity and sustainable employment. By providing comprehensive educational pathways, including Certified Nurse Assistant training, GED preparation, and English language instruction, the firm serves as a critical infrastructure for human capital development. With a proven track record of supporting over 1,500 individuals annually, Obt is currently executing a long-term growth strategy aimed at equipping 10,000 individuals with career-ready skills by 2029. Their market position is defined by a unique blend of social impact and vocational training, effectively transforming the labor market dynamics for diverse communities in New York City.

How much funding has Obt raised?

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

2020

Debt

$1M

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

Key Investors in Obt

PPP

Public-Private Partnership

What's next for Obt?

With the infusion of this recent capital, Obt is poised to accelerate its ambitious 2029 roadmap. The organization will likely prioritize the expansion of its digital learning infrastructure and the diversification of its vocational training portfolio to meet the evolving demands of the NYC labor market. By strengthening its institutional partnerships and refining its career readiness initiatives, Obt aims to solidify its status as a primary driver of economic mobility. Future strategic milestones will focus on scaling program delivery while maintaining the high-touch, personalized support that has become the hallmark of their service model, ensuring that the organization remains at the forefront of workforce innovation.

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Frequently Asked Questions Regarding Obt Financial Insights

What are the most recent funding rounds that Obt has completed, and what were the funding rounds?
Obt has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding Obt has raised to date?
Obt has raised a total of $1M in funding to date.
How many funding rounds has Obt completed?
Obt has completed 1 funding rounds.
How much funding did Obt raise in its most recent funding round?
Obt raised $1M in its most recent funding round.
Who are the lead investors in Obt's latest funding round?
The lead investor in Obt'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 Obt's history?
The largest funding round in Obt's history was $1M.
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