What is Obt?
OBT is a New York City-based non-profit organization dedicated to empowering underserved communities through comprehensive education, job training, and employment services. The company offers a suite of programs, including Certified Nurse Assistant training, GED preparation, English language classes, and career readiness initiatives. These offerings are designed to equip individuals with the skills and support necessary to achieve economic mobility and pursue sustainable careers, thereby addressing systemic inequities within the city. OBT annually supports over 1,500 individuals, primarily from diverse backgrounds, in their pursuit of personal growth and professional development. Their overarching vision is to redefine workforce development in NYC, with a strategic goal of equipping 10,000 individuals by 2029.
How much funding has Obt raised?
Obt has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Obt
PPP
Public-Private Partnership
What's next for Obt?
The substantial enterprise-level funding and recent strategic investment indicate a strong confidence in OBT's mission and operational model. This capital infusion is expected to fuel the expansion of its program offerings, enhance its reach within New York City's underserved communities, and potentially scale its impact to meet its ambitious 2029 goal. Future initiatives may include broader community outreach, development of new training modules, and strengthening partnerships to further support individuals in achieving economic self-sufficiency. The focus on workforce development and addressing systemic inequities positions OBT for continued growth and influence in the social impact sector.
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