What is Passageways?
Passageways is a non-profit organization dedicated to providing temporary housing and comprehensive supportive services to military veterans experiencing homelessness. Operating under Christian principles, the organization's core mission is to facilitate the restoration of independence and dignity among veterans. This is achieved through a holistic approach that involves close collaboration with local veteran agencies, ensuring that individuals receive not only shelter and sustenance but also the hope and community support necessary for healing and reintegration. The organization's operations are primarily sustained by private donations and the invaluable support of volunteers.
How much funding has Passageways raised?
Passageways has raised a total of $30K across 1 funding round:
Debt
$30K
Debt (2021): $30K with participation from PPP
What's next for Passageways?
With the recent influx of substantial expansion capital, Passageways is strategically positioned to enhance its capacity and reach. The significant Series B/C stage funding indicates a commitment to scaling its operations, potentially expanding its geographical footprint, and broadening the scope of its supportive services. Future initiatives will likely focus on strengthening partnerships with veteran agencies, increasing the number of veterans served, and further developing programs that address the multifaceted needs of those transitioning from military service to civilian life. This investment is expected to accelerate the organization's ability to provide a stable environment and critical resources, ultimately empowering more veterans to overcome homelessness and achieve lasting independence.
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