How Much Did Solid Ground Raise?
Funding & Key Investors

Solid Ground, a prominent social services organization, has secured significant enterprise-level capital, with its total funding reaching $2M. The company recently announced a major strategic investment of $2M, underscoring its critical role in community support. This recent financing round, dated April 16, 2020, highlights the ongoing commitment to bolstering its extensive service offerings.

What is Solid Ground?

Solid Ground
OrganizationsNon-Profit & Charitable Organizations

Originally founded in 1974 as The Fremont Public Association in response to severe economic hardship in Seattle's Fremont neighborhood, Solid Ground has evolved into one of King County's largest multi-service agencies. Its mission remains steadfast: to develop and provide creative, comprehensive, and effective responses to community needs, offering services that promote dignity and advocating for equal opportunities and resources for all. Each year, Solid Ground provides essential support, including shelter, food, and counseling, to over 25,000 individuals and families facing challenges such as homelessness, hunger, and the struggles of low-wage working families. The organization's commitment extends to supporting seniors and low-wage working families, demonstrating a broad scope of care and advocacy.

How much funding has Solid Ground raised?

Solid Ground has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Solid Ground

PPP

Public-Private Partnership

What's next for Solid Ground?

The recent major strategic investment signifies a pivotal moment for Solid Ground, enabling the organization to further its mission and potentially expand its reach within Seattle and King County. This capital infusion is expected to bolster its capacity to address pressing social issues, including homelessness, hunger, and support for vulnerable populations like seniors and low-wage families. The enterprise-level backing suggests a strategic focus on long-term sustainability and the enhancement of its comprehensive service delivery model, ensuring continued support for those in need and reinforcing its advocacy for equitable community resources.

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Frequently Asked Questions Regarding Solid Ground Financial Insights

What are the most recent funding rounds that Solid Ground has completed, and what were the funding rounds?
Solid Ground has recently completed 1 funding rounds: Debt on Apr 16, 2020.
What is the total amount of funding Solid Ground has raised to date?
Solid Ground has raised a total of $2M in funding to date.
How many funding rounds has Solid Ground completed?
Solid Ground has completed 1 funding rounds.
How much funding did Solid Ground raise in its most recent funding round?
Solid Ground raised $2M in its most recent funding round.
Who are the lead investors in Solid Ground's latest funding round?
The lead investor in Solid Ground'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 Solid Ground's history?
The largest funding round in Solid Ground's history was $2M.
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