How Much Did Open Access Raise?
Funding & Key Investors

Open Access has successfully secured a significant capital injection, bringing its total funding to $22K. This latest financing round, which accounts for $22K, underscores the organization's pivotal role in bridging the digital divide. By leveraging this substantial expansion capital, the firm is positioned to scale its communication infrastructure and deepen its impact across Minnesota's underserved populations.

What is Open Access?

Open Access
OrganizationsNon-Profit & Charitable OrganizationsMembership Organizations

Open Access operates as a critical social enterprise, providing essential communication tools and community connectivity to individuals facing systemic barriers. By facilitating access to subsidized smartphones and voicemail services through the federal Lifeline program, the organization serves as a vital link for those navigating housing and healthcare challenges. Beyond hardware, Open Access fosters self-determination through its Generation 50+ Group, which mobilizes members for civic advocacy. With a network of over 300 community partners, the company has established a robust framework for delivering social services, effectively transforming how vulnerable populations engage with essential resources.

How much funding has Open Access raised?

Open Access has raised a total of $22K across 1 funding round:

2021

Debt

$22K

Debt (2021): $22K with participation from PPP

Key Investors in Open Access

PPP

Public-Private Partnership

What's next for Open Access?

With this recent infusion of capital, Open Access is poised to transition into a more mature operational phase, likely focusing on the expansion of its digital equity initiatives. The strategic deployment of these funds will likely prioritize the enhancement of its advocacy platforms and the strengthening of its community partner network. As the organization scales, it will likely focus on optimizing its service delivery model to ensure long-term sustainability and broader reach, reinforcing its position as a leader in the social connectivity sector. Future growth will likely involve integrating more sophisticated resource-matching technologies to further empower its client base.

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Frequently Asked Questions Regarding Open Access Financial Insights

What are the most recent funding rounds that Open Access has completed, and what were the funding rounds?
Open Access has recently completed 1 funding rounds: Debt on Jan 22, 2021.
What is the total amount of funding Open Access has raised to date?
Open Access has raised a total of $22K in funding to date.
How many funding rounds has Open Access completed?
Open Access has completed 1 funding rounds.
How much funding did Open Access raise in its most recent funding round?
Open Access raised $22K in its most recent funding round.
Who are the lead investors in Open Access's latest funding round?
The lead investor in Open Access'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 Open Access's history?
The largest funding round in Open Access's history was $22K.
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