How Much Did Outreachy Raise?
Funding & Key Investors

Outreachy has secured $298K in total capital, with its most recent financing round yielding $298K in a major strategic investment. This significant backing underscores the organization's critical role in fostering diversity within the technology sector, particularly in free and open-source software initiatives.

The company's funding trajectory indicates a strong emphasis on growth and expansion, positioning it for continued impact in its specialized niche.

What is Outreachy?

Outreachy
EducationTrainingNon-Profit & Charitable Organizations

Outreachy is a non-profit organization dedicated to promoting diversity in the tech industry by providing paid internships for individuals from underrepresented backgrounds within free and open-source software (FOSS). The program specifically targets those who face systemic bias or discrimination, offering remote, three-month internships that include a $7,000 USD stipend. These internships span various roles, including programming, research, and user experience, with a proactive invitation for applications from diverse groups such as women, people of color, and individuals from historically disadvantaged communities. The organization's mission is to create a more inclusive and equitable technology landscape.

How much funding has Outreachy raised?

Outreachy has raised a total of $298K across 1 funding round:

2021

Debt

$298K

Debt (2021): $298K with participation from PPP

What's next for Outreachy?

With its recent major strategic investment, Outreachy is poised to significantly expand its reach and impact. The substantial capital infusion is expected to facilitate the scaling of its internship programs, potentially increasing the number of participants and the breadth of FOSS projects supported. This strategic backing will likely enable Outreachy to enhance its operational infrastructure, strengthen its outreach efforts to diverse communities, and further its mission of dismantling systemic barriers in the tech industry. The organization's focus on late-stage funding suggests a mature operational model ready for accelerated growth and broader influence.

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Frequently Asked Questions Regarding Outreachy Financial Insights

What are the most recent funding rounds that Outreachy has completed, and what were the funding rounds?
Outreachy has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Outreachy has raised to date?
Outreachy has raised a total of $298K in funding to date.
How many funding rounds has Outreachy completed?
Outreachy has completed 1 funding rounds.
How much funding did Outreachy raise in its most recent funding round?
Outreachy raised $298K in its most recent funding round.
Who are the lead investors in Outreachy's latest funding round?
The lead investor in Outreachy'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 Outreachy's history?
The largest funding round in Outreachy's history was $298K.
See more information about Outreachy