How Much Did Project PLASE Raise?
Funding & Key Investors

Project PLASE has successfully secured a significant capital injection, bringing its total funding to $350K. This latest round, characterized by a $350K major strategic investment, underscores the organization's critical role in addressing systemic homelessness in Baltimore. By leveraging this financial backing, the entity is positioned to scale its comprehensive support infrastructure for vulnerable populations, ensuring that its mission-critical services remain resilient in an evolving economic landscape.

What is Project PLASE?

Project PLASE
OrganizationsNon-Profit & Charitable Organizations

Project PLASE (People Lacking Ample Shelter and Employment) operates as a cornerstone of social welfare in Baltimore, providing a multifaceted approach to homelessness. The organization distinguishes itself through a holistic service model that integrates temporary and permanent housing solutions with specialized support for individuals grappling with mental illness, addiction, and developmental disabilities. Beyond housing, the firm facilitates essential resources such as food pantry access and community clothing closets, while providing intensive case management. This integrated service delivery framework is designed to empower marginalized adults and families, guiding them toward long-term independence and stability within the community.

How much funding has Project PLASE raised?

Project PLASE has raised a total of $350K across 1 funding round:

2020

Debt

$350K

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

Key Investors in Project PLASE

PPP

Public-Private Partnership

What's next for Project PLASE?

With the infusion of this latest capital, Project PLASE is expected to prioritize the expansion of its permanent housing portfolio and the enhancement of its supportive service capacity. The organization will likely focus on optimizing its case management workflows to improve transition outcomes for its clients. As it navigates this late-stage growth phase, the strategic deployment of these funds will be vital in advocating for policy shifts and expanding the reach of its advocacy programs, ultimately aiming to reduce the prevalence of homelessness in the Baltimore metropolitan area through sustainable, data-backed interventions.

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Frequently Asked Questions Regarding Project PLASE Financial Insights

What are the most recent funding rounds that Project PLASE has completed, and what were the funding rounds?
Project PLASE has recently completed 1 funding rounds: Debt on May 11, 2020.
What is the total amount of funding Project PLASE has raised to date?
Project PLASE has raised a total of $350K in funding to date.
How many funding rounds has Project PLASE completed?
Project PLASE has completed 1 funding rounds.
How much funding did Project PLASE raise in its most recent funding round?
Project PLASE raised $350K in its most recent funding round.
Who are the lead investors in Project PLASE's latest funding round?
The lead investor in Project PLASE'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 Project PLASE's history?
The largest funding round in Project PLASE's history was $350K.
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