How Much Did Wmbm Raise?
Funding & Key Investors

Wmbm, a gospel radio station based in South Florida, has secured $54K in recent financing, contributing to a total funding amount of $54K. This capital infusion marks a significant stage in the company's growth trajectory, indicative of a substantial expansion phase.

What is Wmbm?

Wmbm
Media & InternetBroadcasting

WMBM operates as a gospel radio station in South Florida, owned by New Birth Broadcasting Corp. Inc. The station is dedicated to providing a diverse range of gospel music programming, including popular shows like 'Morning Glory' and 'The Rhythm Ride Home.' With a mission to spiritually empower its listeners, WMBM engages a broad audience through uplifting content and discussions on pertinent social issues. Having broadcast for over 30 years, WMBM has established itself as a steadfast advocate for gospel music and community ministry.

How much funding has Wmbm raised?

Wmbm has raised a total of $54K across 1 funding round:

2021

Debt

$54K

Debt (2021): $54K with participation from PPP

What's next for Wmbm?

The recent influx of substantial expansion capital, alongside the overall funding context suggesting a significant Series B/C stage, positions Wmbm for accelerated growth and enhanced operational capabilities. This strategic investment is likely to fuel initiatives aimed at expanding broadcast reach, upgrading technological infrastructure, and potentially developing new programming or community outreach efforts. The company's sustained presence and commitment to its mission over three decades suggest a robust foundation for leveraging this financing to further solidify its market position and deepen its community impact.

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Frequently Asked Questions Regarding Wmbm Financial Insights

What are the most recent funding rounds that Wmbm has completed, and what were the funding rounds?
Wmbm has recently completed 1 funding rounds: Debt on Feb 12, 2021.
What is the total amount of funding Wmbm has raised to date?
Wmbm has raised a total of $54K in funding to date.
How many funding rounds has Wmbm completed?
Wmbm has completed 1 funding rounds.
How much funding did Wmbm raise in its most recent funding round?
Wmbm raised $54K in its most recent funding round.
Who are the lead investors in Wmbm's latest funding round?
The lead investor in Wmbm'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 Wmbm's history?
The largest funding round in Wmbm's history was $54K.
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