How Much Did ReSOURCE Raise?
Funding & Key Investors

ReSOURCE has secured $350K in total funding, with its most recent capital infusion of $350K reported on April 5, 2020. This major strategic investment marks a significant milestone for the Vermont-based nonprofit community enterprise, underscoring its established presence and impact in empowering individuals and strengthening communities through sustainable practices and vocational training.

What is ReSOURCE?

ReSOURCE
RetailEcommerce PlatformsEducation

ReSOURCE operates as a multifaceted nonprofit community enterprise headquartered in Vermont, dedicated to fostering individual empowerment and community resilience. The organization's core mission is realized through a dual approach: promoting sustainable consumption via its retail operations and delivering impactful training programs. Its services encompass the sale of refurbished computers and essential goods, alongside expert appliance repair. Crucially, ReSOURCE provides comprehensive training in high-demand fields such as construction, HVAC, and weatherization. These programs are specifically designed to benefit under-skilled individuals, the long-term unemployed, and high school students through initiatives like the Career Start program, equipping participants with career-boosting skills and opening new avenues for employment and personal growth. Since its founding in 1991, ReSOURCE has a proven track record, having successfully trained over 4,500 individuals.

How much funding has ReSOURCE raised?

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

2020

Debt

$350K

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

Key Investors in ReSOURCE

PPP

Public-Private Partnership

What's next for ReSOURCE?

The recent strategic investment signifies ReSOURCE's transition into a more mature operational phase, likely focused on scaling its impactful training programs and expanding its community reach. With a history of successfully rehabilitating individuals into the workforce and a robust model for sustainable enterprise, this capital infusion is poised to enhance its capacity to serve more under-skilled and unemployed populations. Future initiatives may involve broadening the scope of vocational training offered, increasing the availability of essential goods and services, and potentially forging new partnerships to amplify its social and economic impact within Vermont and beyond. The company's commitment to sustainable practices and workforce development positions it for continued growth and influence.

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Frequently Asked Questions Regarding ReSOURCE Financial Insights

What are the most recent funding rounds that ReSOURCE has completed, and what were the funding rounds?
ReSOURCE has recently completed 1 funding rounds: Debt on Apr 5, 2020.
What is the total amount of funding ReSOURCE has raised to date?
ReSOURCE has raised a total of $350K in funding to date.
How many funding rounds has ReSOURCE completed?
ReSOURCE has completed 1 funding rounds.
How much funding did ReSOURCE raise in its most recent funding round?
ReSOURCE raised $350K in its most recent funding round.
Who are the lead investors in ReSOURCE's latest funding round?
The lead investor in ReSOURCE'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 ReSOURCE's history?
The largest funding round in ReSOURCE's history was $350K.
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