How Much Did Reading Recreation Commission Raise?
Funding & Key Investors

The Reading Recreation Commission has secured substantial financial backing, with a total funding amount of $308K. Most recently, the organization announced a significant capital infusion of $158K, described as a major strategic investment, underscoring its pivotal role in community development. This recent financing round follows a pattern of consistent financial support, indicating a stable growth trajectory for the commission's operations in Reading, Pennsylvania.

What is Reading Recreation Commission?

Reading Recreation Commission
HospitalityAmusement Parks, Arcades & AttractionsFitness & Dance Facilities

The Reading Recreation Commission is dedicated to providing essential recreational services and diverse programs to the community of Reading, Pennsylvania. Its mission centers on enhancing community engagement and fostering healthy lifestyles among residents, with a particular focus on families and individuals seeking enriching activities. The commission actively cultivates partnerships with local educational institutions and community groups to broaden its impact and serve the wider populace.

How much funding has Reading Recreation Commission raised?

Reading Recreation Commission has raised a total of $308K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$158K

Debt (2020): $150K with participation from PPP

Debt (2021): $158K led by PPP

What's next for Reading Recreation Commission?

With the recent injection of capital, the Reading Recreation Commission is poised for significant expansion and enhancement of its community outreach. This large-scale, late-stage funding suggests a strategic focus on scaling existing programs, potentially introducing new recreational facilities, and deepening community partnerships. The emphasis on strategic investment indicates a forward-looking approach, aiming to solidify the commission's position as a vital resource for public well-being and engagement in Reading.

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Frequently Asked Questions Regarding Reading Recreation Commission Financial Insights

What are the most recent funding rounds that Reading Recreation Commission has completed, and what were the funding rounds?
Reading Recreation Commission has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Reading Recreation Commission has raised to date?
Reading Recreation Commission has raised a total of $308K in funding to date.
How many funding rounds has Reading Recreation Commission completed?
Reading Recreation Commission has completed 2 funding rounds.
How much funding did Reading Recreation Commission raise in its most recent funding round?
Reading Recreation Commission raised $158K in its most recent funding round.
Who are the lead investors in Reading Recreation Commission's latest funding round?
The lead investor in Reading Recreation Commission'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 Reading Recreation Commission's history?
The largest funding round in Reading Recreation Commission's history was $158K.
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