What is Asphalt Green?
Founded in 1984, Asphalt Green is a nonprofit organization committed to enhancing the lives of individuals across all age groups and backgrounds. The organization champions health and vitality by providing access to a comprehensive range of sports and fitness programs. Its dedication to community enrichment positions it as a vital resource for promoting active lifestyles and holistic development within New York City.
How much funding has Asphalt Green raised?
Asphalt Green has raised a total of $4M across 2 funding rounds:
Debt
$2M
Debt
$2M
Debt (2020): $2M with participation from PPP
Debt (2021): $2M led by PPP
Key Investors in Asphalt Green
PPP
Public-Private Partnership
PPP
Public-Private Partnership
Undisclosed Investors
What's next for Asphalt Green?
The recent major strategic investment signals a period of potential expansion and enhanced program delivery for Asphalt Green. This influx of capital is likely to fuel initiatives aimed at broadening community reach, upgrading facilities, and developing new fitness and sports curricula. The organization's focus on lifelong health through sports suggests a strategic direction towards deepening its impact and solidifying its role as a cornerstone of community wellness.
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