How Much Did WestAid Raise?
Funding & Key Investors

WestAid has successfully secured a significant infusion of capital, bringing its total funding to $17K. This latest round, which provided $17K in moderate growth capital, underscores the organization's commitment to scaling its operational capacity within Southwest Tarrant County. By leveraging this financial backing, the entity aims to bolster its infrastructure to better serve the growing demographic of ALICE households that remain vulnerable to economic instability despite being above the federal poverty line.

What is WestAid?

WestAid
OrganizationsNon-Profit & Charitable Organizations

Established in 1985, WestAid functions as a critical pillar of support for families facing food insecurity. The organization distinguishes itself through a holistic approach that combines direct resource distribution with educational engagement and community support. By focusing on the ALICE (Asset Limited, Income Constrained, Employed) population, WestAid addresses the specific needs of working families who struggle to meet basic living expenses. The organization operates on a foundation of stewardship and collaboration, effectively bridging the gap between community resources and those in immediate need of assistance.

How much funding has WestAid raised?

WestAid has raised a total of $17K across 1 funding round:

2021

Debt

$17K

Debt (2021): $17K with participation from PPP

Key Investors in WestAid

PPP

Public-Private Partnership

What's next for WestAid?

With the recent injection of capital, WestAid is positioned to transition into a more robust phase of service delivery. The strategic roadmap involves expanding its reach to accommodate the rising demand for food security initiatives in the Tarrant County region. Future efforts will likely prioritize the optimization of supply chain logistics and the enhancement of educational programs designed to foster long-term family stability. As the organization continues to scale, maintaining its core values of dignity and respect will remain paramount to its operational success and community integration.

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Frequently Asked Questions Regarding WestAid Financial Insights

What are the most recent funding rounds that WestAid has completed, and what were the funding rounds?
WestAid has recently completed 1 funding rounds: Debt on Mar 16, 2021.
What is the total amount of funding WestAid has raised to date?
WestAid has raised a total of $17K in funding to date.
How many funding rounds has WestAid completed?
WestAid has completed 1 funding rounds.
How much funding did WestAid raise in its most recent funding round?
WestAid raised $17K in its most recent funding round.
Who are the lead investors in WestAid's latest funding round?
The lead investor in WestAid'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 WestAid's history?
The largest funding round in WestAid's history was $17K.
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