How Much Did United Progress Raise?
Funding & Key Investors

United Progress has secured $76K in total capital, with a recent infusion of $76K designated for substantial expansion. This financing round, occurring around February 27, 2021, signifies a critical growth phase for the organization, likely aligning with Series B or C investment stages. The influx of capital is poised to accelerate United Progress's mission to address poverty and enhance community well-being.

What is United Progress?

United Progress
OrganizationsNon-Profit & Charitable Organizations

United Progress, Inc. (UPI) is a long-standing community-based organization, established in 1964, dedicated to assisting economically disadvantaged individuals and families within Trenton and Mercer County. UPI employs innovative strategies to tackle the root causes of poverty, offering comprehensive services that include addiction treatment, vocational training, and food assistance through its dedicated food pantry. The organization's core objective is to empower clients by dismantling barriers to economic self-sufficiency and facilitating integration into the broader economic landscape.

How much funding has United Progress raised?

United Progress has raised a total of $76K across 1 funding round:

2021

Debt

$76K

Debt (2021): $76K with participation from PPP

Key Investors in United Progress

PPP

Public-Private Partnership

What's next for United Progress?

With the recent substantial expansion capital, United Progress is strategically positioned to amplify its impact. The organization is expected to leverage this investment to scale its existing programs, potentially broaden its service area, and enhance its operational capacity. Future initiatives may focus on deepening the effectiveness of its job training and addiction treatment services, thereby further solidifying its role as a vital resource for community development and poverty reduction in the region. The sustained backing indicates confidence in UPI's model and its potential for continued growth and societal contribution.

See full United Progress company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Organizations industry

OrganizationsChurch Management
OrganizationsChurch Management
Membership OrganizationsOrganizations
Non-Profit & Charitable OrganizationsOrganizationsMembership Organizations

Frequently Asked Questions Regarding United Progress Financial Insights

What are the most recent funding rounds that United Progress has completed, and what were the funding rounds?
United Progress has recently completed 1 funding rounds: Debt on Feb 27, 2021.
What is the total amount of funding United Progress has raised to date?
United Progress has raised a total of $76K in funding to date.
How many funding rounds has United Progress completed?
United Progress has completed 1 funding rounds.
How much funding did United Progress raise in its most recent funding round?
United Progress raised $76K in its most recent funding round.
Who are the lead investors in United Progress's latest funding round?
The lead investor in United Progress'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 United Progress's history?
The largest funding round in United Progress's history was $76K.
See more information about United Progress