How Much Did Ocean Community YMCA Raise?
Funding & Key Investors

Ocean Community YMCA has secured $1M in total funding, with its most recent capital infusion of $699K occurring on January 20, 2021. This major strategic investment underscores the organization's significant role in community wellness and lifestyle health initiatives within Rhode Island. The context of this recent financing suggests a phase of scaling or significant operational expansion for the YMCA.

What is Ocean Community YMCA?

Ocean Community YMCA
HospitalityFitness & Dance FacilitiesOrganizations

YMCA Ocean Community stands as a prominent wellness center in Rhode Island, dedicated to enhancing lifestyle health and fostering community engagement. The organization provides a comprehensive suite of programs, including aquatics, health and wellness, sports, and youth development, serving individuals and families across all age groups. With a strong commitment to inclusivity, YMCA Ocean Community ensures accessibility to its services through financial assistance, cultivating a supportive environment for members to achieve fitness goals and participate in community activities.

How much funding has Ocean Community YMCA raised?

Ocean Community YMCA has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$699K

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

Debt (2021): $699K led by PPP

Key Investors in Ocean Community YMCA

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Ocean Community YMCA?

The recent major strategic investment signals a pivotal moment for Ocean Community YMCA, likely enabling the expansion of its program offerings, enhancement of facilities, or broader community outreach efforts. This capital infusion is expected to bolster its mission of promoting health, well-being, and social connectedness. Future developments may include new wellness initiatives, increased accessibility for underserved populations, and strengthened partnerships within the Rhode Island community, solidifying its position as a vital community resource.

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Frequently Asked Questions Regarding Ocean Community YMCA Financial Insights

What are the most recent funding rounds that Ocean Community YMCA has completed, and what were the funding rounds?
Ocean Community YMCA has recently completed 2 funding rounds: Debt on Jan 20, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Ocean Community YMCA has raised to date?
Ocean Community YMCA has raised a total of $1M in funding to date.
How many funding rounds has Ocean Community YMCA completed?
Ocean Community YMCA has completed 2 funding rounds.
How much funding did Ocean Community YMCA raise in its most recent funding round?
Ocean Community YMCA raised $699K in its most recent funding round.
Who are the lead investors in Ocean Community YMCA's latest funding round?
The lead investor in Ocean Community YMCA'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 Ocean Community YMCA's history?
The largest funding round in Ocean Community YMCA's history was $699K.
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