How Much Did OUTMemphis Raise?
Funding & Key Investors

OUTMemphis has solidified its position as a cornerstone of social infrastructure in the Mid-South, recently securing a major strategic investment to bolster its long-term operational capacity. With a cumulative financial backing reaching $106K, the organization continues to leverage its historical expertise to expand its reach. The most recent infusion of $106K marks a pivotal moment in the entity's trajectory, enabling the scaling of critical support systems for the LGBTQ+ community.

What is OUTMemphis?

OUTMemphis
OrganizationsNon-Profit & Charitable OrganizationsMembership Organizations

Established in 1989, OUTMemphis serves as the primary resource hub for the LGBTQ+ population in the Mid-South region. The organization operates a multifaceted service model, encompassing the OUTMemphis Community Center, a dedicated Youth Empowerment Center, and a centralized donation facility. By providing specialized programming for trans and non-binary individuals alongside youth-focused advocacy, the organization functions as a vital nexus for community engagement and social support. Its longevity and comprehensive service array distinguish it as a high-authority entity within the non-profit sector, effectively bridging the gap between immediate community needs and long-term advocacy goals.

How much funding has OUTMemphis raised?

OUTMemphis has raised a total of $106K across 1 funding round:

2021

Debt

$106K

Debt (2021): $106K with participation from PPP

Key Investors in OUTMemphis

PPP

Public-Private Partnership

What's next for OUTMemphis?

With the deployment of this recent capital, OUTMemphis is positioned to transition into a more robust phase of organizational development. The strategic focus will likely shift toward enhancing the scalability of its Youth Empowerment Center and deepening the impact of its advocacy initiatives. By fortifying its financial foundation, the organization is better equipped to navigate the complexities of regional social services, ensuring that its programs remain resilient against shifting economic landscapes. Future growth will likely center on expanding digital outreach and physical infrastructure to meet the evolving demands of the community it serves, cementing its role as a sustainable leader in regional equity and inclusion.

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Frequently Asked Questions Regarding OUTMemphis Financial Insights

What are the most recent funding rounds that OUTMemphis has completed, and what were the funding rounds?
OUTMemphis has recently completed 1 funding rounds: Debt on Mar 12, 2021.
What is the total amount of funding OUTMemphis has raised to date?
OUTMemphis has raised a total of $106K in funding to date.
How many funding rounds has OUTMemphis completed?
OUTMemphis has completed 1 funding rounds.
How much funding did OUTMemphis raise in its most recent funding round?
OUTMemphis raised $106K in its most recent funding round.
Who are the lead investors in OUTMemphis's latest funding round?
The lead investor in OUTMemphis'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 OUTMemphis's history?
The largest funding round in OUTMemphis's history was $106K.
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