How Much Did READ 718 Raise?
Funding & Key Investors

READ 718 has secured $47K in total financing, with a recent infusion of $47K designated for substantial expansion capital. This latest round of investment underscores the organization's significant progress and its strategic positioning within the nonprofit sector, particularly in addressing critical literacy needs for underserved youth.

What is READ 718?

READ 718
EducationTrainingNon-Profit & Charitable Organizations

Founded in 2015, READ 718 is a New York-based nonprofit organization dedicated to combating educational disparities by providing essential literacy services to low-income children. The organization targets the population most at risk of falling permanently behind in school, aiming to foster long-term community impact through targeted educational interventions. Their work is crucial in ensuring that vulnerable children have the foundational skills necessary for academic success.

How much funding has READ 718 raised?

READ 718 has raised a total of $47K across 1 funding round:

2021

Debt

$47K

Debt (2021): $47K with participation from PPP

Key Investors in READ 718

PPP

Public-Private Partnership

What's next for READ 718?

With the recent influx of expansion capital, READ 718 is poised for significant growth and enhanced service delivery. This strategic financing is expected to fuel initiatives aimed at broadening their reach, deepening their impact within the community, and potentially scaling their proven literacy programs to new areas or demographics. The organization's focus on addressing fundamental educational needs positions it for continued development and influence in the nonprofit landscape.

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Frequently Asked Questions Regarding READ 718 Financial Insights

What are the most recent funding rounds that READ 718 has completed, and what were the funding rounds?
READ 718 has recently completed 1 funding rounds: Debt on Feb 24, 2021.
What is the total amount of funding READ 718 has raised to date?
READ 718 has raised a total of $47K in funding to date.
How many funding rounds has READ 718 completed?
READ 718 has completed 1 funding rounds.
How much funding did READ 718 raise in its most recent funding round?
READ 718 raised $47K in its most recent funding round.
Who are the lead investors in READ 718's latest funding round?
The lead investor in READ 718'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 READ 718's history?
The largest funding round in READ 718's history was $47K.
See more information about READ 718