REDF is a socially impactful investment firm with a mission to support businesses that empower individuals facing employment barriers. Founded in 1997, the company has a strong track record of investing in and partnering with social entrepreneurs to provide capital, capacity, and community support. Their investments have benefitted 238 employment social enterprises across 33 states and DC, collectively employing 84,000 people and generating nearly $1.4 billion in revenue. The most recent investment of $500.00K was made on 10th April 2023, facilitated by the Community Development Financial Institutions Fund. REDF's slogan, "An investment that works," encapsulates their commitment to building an inclusive and prosperous economy for all.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Grant | $500.00K | 1 | Community Development Financial Institutions Fund | 10 Apr 2023 |
Debt Financing | $2.00M | 1 | Annie E. Casey Foundation | 15 Dec 2020 |
Grant | $250.00K | 1 | The Bob & Renee Parsons Foundation | 14 Mar 2017 |
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