How Much Did Shores Raise?
Funding & Key Investors

Shores, a prominent nonprofit organization dedicated to community upliftment, has successfully secured a major strategic investment to bolster its operational capacity. This latest infusion of capital, totaling $150K, represents a significant milestone in the organization's trajectory. With a cumulative financial backing of $150K, Shores continues to solidify its position as a critical provider of essential social services in the West Sacramento region, ensuring that vulnerable populations receive the support necessary for long-term stability and independence.

What is Shores?

Shores
OrganizationsNon-Profit & Charitable Organizations

Shores of Hope operates as a 501(c)(3) nonprofit organization, functioning as a cornerstone for social welfare in its service area. The organization provides a comprehensive suite of services, including supportive housing for homeless youth, high-quality childcare through its preschool programs, and targeted employment assistance for low-income residents. By addressing the multifaceted needs of the community, Shores fosters an environment where individuals can rebuild their lives. Their model integrates direct aid with educational initiatives, such as teen relationship courses, which are designed to equip participants with the interpersonal skills required for professional and personal success. This holistic approach to community development distinguishes Shores as a vital resource for those seeking a second chance at self-sufficiency.

How much funding has Shores raised?

Shores has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Shores

PPP

Public-Private Partnership

What's next for Shores?

With the recent influx of capital, Shores is well-positioned to scale its existing programs and enhance its service delivery infrastructure. The organization is expected to prioritize the expansion of its supportive housing initiatives and the modernization of its childcare facilities to meet the growing demand in West Sacramento. By leveraging this strategic investment, Shores aims to deepen its impact on community health and economic stability. Future growth will likely focus on strengthening partnerships with local stakeholders and diversifying its resource base to ensure the sustainability of its mission-critical programs. As the organization moves into this next phase, the focus remains on driving measurable outcomes in poverty reduction and youth empowerment, reinforcing its role as a leader in the nonprofit sector.

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Frequently Asked Questions Regarding Shores Financial Insights

What are the most recent funding rounds that Shores has completed, and what were the funding rounds?
Shores has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Shores has raised to date?
Shores has raised a total of $150K in funding to date.
How many funding rounds has Shores completed?
Shores has completed 1 funding rounds.
How much funding did Shores raise in its most recent funding round?
Shores raised $150K in its most recent funding round.
Who are the lead investors in Shores's latest funding round?
The lead investor in Shores'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 Shores's history?
The largest funding round in Shores's history was $150K.
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