How Much Did SOMArts Raise?
Funding & Key Investors

SOMArts, a San Francisco-based cultural institution, has secured significant financial backing, with its total funding reaching $150K and its most recent capital infusion amounting to $150K. This recent strategic investment underscores the organization's established presence and its ongoing mission to leverage art for social transformation.

What is SOMArts?

SOMArts
HospitalityMuseums & Art GalleriesCultural & Informational Centers

SOMArts operates as a dynamic cultural center in San Francisco, dedicated to using art as a powerful catalyst for social change. For over four decades, the organization has facilitated a diverse array of multi-disciplinary events and exhibitions. Its core objective is to cultivate a more equitable arts and culture sector by providing accessible and affordable programs, thereby fostering creativity and collective liberation within the community. SOMArts serves as a crucial resource for both artists and the public, championing enriching experiences.

How much funding has SOMArts raised?

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

2020

Debt

$150K

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

What's next for SOMArts?

The substantial large-scale late-stage funding context suggests SOMArts is poised for significant expansion and operational enhancement. This capital infusion is likely to bolster its capacity to deliver impactful programming, broaden its community outreach, and potentially invest in new initiatives that further its mission of social equity through the arts. The strategic nature of the recent financing indicates a strong belief in SOMArts' long-term vision and its proven ability to drive meaningful change.

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Frequently Asked Questions Regarding SOMArts Financial Insights

What are the most recent funding rounds that SOMArts has completed, and what were the funding rounds?
SOMArts has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding SOMArts has raised to date?
SOMArts has raised a total of $150K in funding to date.
How many funding rounds has SOMArts completed?
SOMArts has completed 1 funding rounds.
How much funding did SOMArts raise in its most recent funding round?
SOMArts raised $150K in its most recent funding round.
Who are the lead investors in SOMArts's latest funding round?
The lead investor in SOMArts'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 SOMArts's history?
The largest funding round in SOMArts's history was $150K.
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