How Much Did Warm Nc Raise?
Funding & Key Investors

Warm Nc has secured $339K in total financing, with its most recent capital infusion of $189K marking a significant strategic investment. This latest round underscores the organization's progression through its late-stage development.

What is Warm Nc?

Warm Nc
OrganizationsNon-Profit & Charitable Organizations

WARM NC is a non-profit organization dedicated to providing essential, safety, and health-related home repairs for low-income homeowners. Operating across Bladen, Brunswick, Columbus, Duplin, New Hanover, Onslow, and Pender counties in Southeastern North Carolina, the organization addresses critical needs within its community. The recent strategic investment signals a robust commitment to expanding its reach and impact in providing vital home repair services to vulnerable populations.

How much funding has Warm Nc raised?

Warm Nc has raised a total of $339K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$189K

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

Debt (2021): $189K led by PPP

Key Investors in Warm Nc

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Warm Nc?

The substantial backing from its recent funding round positions Warm Nc for significant operational scaling and enhanced service delivery. This capital injection is expected to fuel the expansion of its repair programs, enabling the organization to assist a greater number of low-income homeowners in critical need. Strategic utilization of these funds will likely focus on increasing repair capacity, potentially through enhanced volunteer coordination, material procurement, and outreach efforts to underserved areas within its service region. The organization's trajectory suggests a continued focus on strengthening community infrastructure and improving living conditions for its beneficiaries.

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Frequently Asked Questions Regarding Warm Nc Financial Insights

What are the most recent funding rounds that Warm Nc has completed, and what were the funding rounds?
Warm Nc has recently completed 2 funding rounds: Debt on Mar 28, 2021, Debt on Apr 14, 2020.
What is the total amount of funding Warm Nc has raised to date?
Warm Nc has raised a total of $339K in funding to date.
How many funding rounds has Warm Nc completed?
Warm Nc has completed 2 funding rounds.
How much funding did Warm Nc raise in its most recent funding round?
Warm Nc raised $189K in its most recent funding round.
Who are the lead investors in Warm Nc's latest funding round?
The lead investor in Warm Nc'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 Warm Nc's history?
The largest funding round in Warm Nc's history was $189K.
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