Rocky Mountain MicroFinance Institute Revenue and Competitors

Location

N/A

Total Funding

Finance

Industry

Estimated Revenue & Valuation

  • Rocky Mountain MicroFinance Institute's estimated annual revenue is currently $10M per year.(i)
  • Rocky Mountain MicroFinance Institute's estimated revenue per employee is $189,000

Employee Data

  • Rocky Mountain MicroFinance Institute has 53 Employees.(i)
  • Rocky Mountain MicroFinance Institute grew their employee count by 10% last year.
Competitor NameRevenueNumber of EmployeesEmployee GrowthTotal FundingValuation
#1
$1.3M10-37%N/AN/A
#2
$88.2M3361%N/AN/A
#3
$8.2M4936%N/AN/A
#4
$300M6820%N/AN/A
#5
$9.3M5116%$8.5MN/A
#6
$6.2M370%N/AN/A
#7
$5.4M320%N/AN/A
#8
$35.8M1550%N/AN/A
#9
$16.6M79-7%N/AN/A
#10
$10M53-5%N/AN/A
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What Is Rocky Mountain MicroFinance Institute?

RMMFI is a community creating economic and social mobility through entrepreneurship. We help curious people transform into serious entrepreneurs through personal, business, and financial investments. As a Community Development Financial Institution with over 10 years of experience, RMMFI has supported Denver’s under-resourced entrepreneurs with business development, personal capacity-building, and lending. RMMFI focuses on the "whole entrepreneur" and uses business ownership as a tool for socioeconomic mobility. In 12 years, RMMFI is proud to have: • Graduated 33 classes of Business Launch Boot Camp with an 85% graduation rate, which resulted in the launch or expansion of 271 businesses in Denver and Aurora • Distributed $717,517 in 252 loans to low-income entrepreneurs with a 92% repayment rate • Become a certified Community Development Financial Institution (CDFI) with the U.S. Treasury • Been selected as a member of the 2020 Catalyst Program cohort • Won the 2011, 2012, 2014, 2015, 2016, 2018, 2019, & 2020 Right on the Money Award from CUA • Won the 2019 Colorado Google.org Impact Challenge (one of five winners) • Won the 2019 National Innovation Award from American Enterprise Institute (AEI) • Been named a 2013, 2018, & 2019 Top Company Finalist (Nonprofit) by COBiz Magazine • Received the 2016 Small Nonprofit of the Year award from the Denver Metro Chamber of Commerce • Won the 2011 Colorado Innovation in Philanthropy Award from Bank of the West

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Total Funding

53

Number of Employees

$10M

Revenue (est)

10%

Employee Growth %

N/A

Valuation

N/A

Accelerator

Company NameRevenueNumber of EmployeesEmployee GrowthTotal Funding
#1
$12.9M53-5%N/A
#2
$6.7M53N/AN/A
#3
$6.9M53-49%N/A
#4
$11.6M538%$23M
#5
$7.5M53-2%N/A