MassDevelopment: Funding, Investors & Team (Oct 2026)
MassDevelopment offers financing and real estate solutions to support businesses, nonprofits, and housing initiatives in Massachusetts. They are committed to promoting economic growth, revitalizing communities, and providing affordable financing options for various organizations. MassDevelopment also focuses on sustainable redevelopment, revitalizing Gateway Cities, and supporting the manufacturing and defense sectors in the state.
MassDevelopment has raised $337M across 1 funding round on record, the most recent an undisclosed round of $337M announced in Jan 2025.
That round is above the $15M median round size for Financial Services companies tracked on FundedIQ over the last two years.
MassDevelopment Company Profile and Key Stats
Latest funding round on record: Jan 2025.
MassDevelopment Funding Rounds
MassDevelopment Founders and Leadership Team
No contact details are on record for this team yet.
MassDevelopment Funding Compared to Other Financial Services Startups
MassDevelopment's latest round of $337M is above the median round in Financial Services. Medians cover the last 24 months of disclosed rounds.
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MassDevelopment Funding FAQs
What does MassDevelopment do?
MassDevelopment offers financing and real estate solutions to support businesses, nonprofits, and housing initiatives in Massachusetts. They are committed to promoting economic growth, revitalizing communities, and providing affordable financing options for various organizations. MassDevelopment also focuses on sustainable redevelopment, revitalizing Gateway Cities, and supporting the manufacturing and defense sectors in the state.
How much funding has MassDevelopment raised?
MassDevelopment has raised $337M across 1 round on record. The most recent is an undisclosed round of $337M announced in Jan 2025.
When did MassDevelopment last raise funding?
MassDevelopment's most recent funding round on record is an undisclosed round of $337M, announced in Jan 2025.
Who founded MassDevelopment?
FundedIQ lists Robert Culver (Founder) at MassDevelopment.
Where is MassDevelopment headquartered?
MassDevelopment is based in Boston, Massachusetts, United States.
How many employees does MassDevelopment have?
MassDevelopment is in the 101-250 employee band.
How does MassDevelopment's funding compare to other Financial Services startups?
MassDevelopment's latest round of $337M is above the $15M median round size for Financial Services companies on FundedIQ across 5,751 tracked companies over the last two years.
About FundedIQ's MassDevelopment Funding Data
FundedIQ tracks announced funding rounds and refreshes this profile every week. Round dates, stages and amounts are normalised to a single format, converted to US dollars, and de-duplicated: two records of the same round announced days apart are merged, and two genuinely different rounds are kept apart on the amounts they disclose. Amounts shown are the disclosed figures only — a round announced without a number is listed and excluded from the total rather than estimated.
Employee counts are reported bands, not exact headcounts. Founder and executive names carry the job title on record. Anything we do not hold for MassDevelopment is left off this page rather than filled in.
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