How Much Did Urban Development Raise?
Funding & Key Investors

Urban Development has secured significant capital, with its total funding reaching $136K. The company recently announced a major strategic investment, bringing in $136K in new financing. This latest round of backing underscores the company's established position in the urban enhancement sector and its ongoing efforts to drive community improvement initiatives.

What is Urban Development?

Urban Development
OrganizationsNon-Profit & Charitable Organizations

Urban Development Corporation (UDC) is dedicated to elevating the quality of life for low to moderate-income families within urban communities, with a specific focus on Detroit. The organization spearheads community improvement projects and provides essential support aimed at fostering individual self-sufficiency. UDC's operational model is built upon the foundation of volunteer contributions and donations, enabling them to facilitate a range of community-focused programs designed to effect positive lifestyle changes.

How much funding has Urban Development raised?

Urban Development has raised a total of $136K across 1 funding round:

2021

Debt

$136K

Debt (2021): $136K with participation from PPP

Key Investors in Urban Development

PPP

Public-Private Partnership

What's next for Urban Development?

The substantial late-stage funding indicates Urban Development is poised for significant scaling of its operations and impact. This strategic investment will likely be channeled into expanding its program reach, enhancing its infrastructure for volunteer coordination, and potentially developing new initiatives to address pressing urban challenges. The company's reliance on donations and volunteers suggests a strategic focus on strengthening its community partnerships and donor engagement to ensure sustainable growth and continued mission fulfillment.

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Frequently Asked Questions Regarding Urban Development Financial Insights

What are the most recent funding rounds that Urban Development has completed, and what were the funding rounds?
Urban Development has recently completed 1 funding rounds: Debt on Feb 11, 2021.
What is the total amount of funding Urban Development has raised to date?
Urban Development has raised a total of $136K in funding to date.
How many funding rounds has Urban Development completed?
Urban Development has completed 1 funding rounds.
How much funding did Urban Development raise in its most recent funding round?
Urban Development raised $136K in its most recent funding round.
Who are the lead investors in Urban Development's latest funding round?
The lead investor in Urban Development'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 Urban Development's history?
The largest funding round in Urban Development's history was $136K.
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