How Much Did Open Arms Raise?
Funding & Key Investors

Open Arms, a non-profit organization dedicated to providing medically tailored meals to individuals facing serious illnesses, has secured $350K in total capital, with a recent strategic investment of $350K. This significant backing underscores the organization's critical role in supporting patient recovery and well-being within the Twin Cities area.

What is Open Arms?

Open Arms
OrganizationsNon-Profit & Charitable OrganizationsBusiness Services

Open Arms of Minnesota operates as a vital community resource, delivering nutritious, medically tailored meals free of charge to clients, caregivers, and dependents grappling with severe health conditions. By prioritizing fresh, local, and organic ingredients, and complementing meal delivery with nutrition counseling, the organization aims to enhance the overall health and dignity of those they serve. Their mission is powered by a robust network of volunteers and supporters, facilitating hope through food.

How much funding has Open Arms raised?

Open Arms has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Open Arms

PPP

Public-Private Partnership

What's next for Open Arms?

The recent major strategic investment signals a pivotal moment for Open Arms, likely enabling the non-profit to expand its operational capacity, enhance its service offerings, and potentially reach a broader demographic of individuals in need. This late-stage funding will be instrumental in solidifying its position as a key provider of nutritional support within the healthcare ecosystem, allowing for greater reach and impact in its mission.

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Frequently Asked Questions Regarding Open Arms Financial Insights

What are the most recent funding rounds that Open Arms has completed, and what were the funding rounds?
Open Arms has recently completed 1 funding rounds: Debt on Apr 6, 2020.
What is the total amount of funding Open Arms has raised to date?
Open Arms has raised a total of $350K in funding to date.
How many funding rounds has Open Arms completed?
Open Arms has completed 1 funding rounds.
How much funding did Open Arms raise in its most recent funding round?
Open Arms raised $350K in its most recent funding round.
Who are the lead investors in Open Arms's latest funding round?
The lead investor in Open Arms'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 Arms's history?
The largest funding round in Open Arms's history was $350K.
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