Communities Unlimited is a social impact startup aiming to bridge racial, economical, and geographical disparities within Southern communities. Founded in 2014, the company serves areas like Alabama, Arkansas, Louisiana, Mississippi, Oklahoma, Tennessee, and Texas, focusing on rural communities with a high minority population, poverty, and food insecurity. As the southern regional partner of the Rural Community Assistance Partnership, Inc., Communities Unlimited strives to unwind generations of inequity and disinvestment. The company recently secured a significant $1.42M grant investment on 10 April 2023 from the Community Development Financial Institutions Fund. This funding not only acknowledges the potential impact of the startup but also signals confidence from reputable investors in its ability to drive meaningful change in the communities it serves. Communities Unlimited's commitment to addressing systemic issues in the South, combined with its recent injection of funds, positions it as an important player in the social impact space. The company's dedication to catalyzing positive transformation makes it a compelling prospect for venture capital investors seeking both financial returns and social impact.
Funding Stage | Amount | No. Investors | Investors | Date |
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Grant | $1.42M | 1 | Community Development Financial Institutions Fund | 10 Apr 2023 |
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