How Much Did Alterna-Care Raise?
Funding & Key Investors

Alterna-Care Home Health System has secured $99K in recent financing, contributing to a total funding amount of $99K. This capital infusion marks a significant stage for the company, likely aligning with its Series B/C growth phase, as it aims for substantial expansion.

What is Alterna-Care?

Alterna-Care
Healthcare ServicesElderly Care Services

Alterna-Care Home Health System is a comprehensive provider of home health services, operating across central Illinois. The organization integrates home health, private duty services, and hospice care through its three agencies: Alterna-Care Home Health Agency, Aaron Nursing Services, and Hospice-Care of Sangamon County. Serving 17 counties with offices in Springfield, Jacksonville, and Litchfield, Alterna-Care is nurse-founded and family-owned, emphasizing a continuum of quality care. The company also demonstrates a commitment to social responsibility through community support and adherence to ethical standards, fostering diversity within its workforce.

How much funding has Alterna-Care raised?

Alterna-Care has raised a total of $99K across 1 funding round:

2021

Debt

$99K

Debt (2021): $99K with participation from PPP

What's next for Alterna-Care?

With the recent substantial expansion capital, Alterna-Care is poised for significant growth. The company's strategic focus will likely involve scaling its service offerings, potentially expanding its geographic reach within Illinois or into adjacent markets. Investment may also be directed towards enhancing operational efficiencies, adopting new healthcare technologies, or further integrating its continuum of care services to meet the evolving needs of home health patients and their families. This funding round signals confidence in Alterna-Care's business model and its capacity to lead in the home healthcare sector.

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Frequently Asked Questions Regarding Alterna-Care Financial Insights

What are the most recent funding rounds that Alterna-Care has completed, and what were the funding rounds?
Alterna-Care has recently completed 1 funding rounds: Debt on Feb 26, 2021.
What is the total amount of funding Alterna-Care has raised to date?
Alterna-Care has raised a total of $99K in funding to date.
How many funding rounds has Alterna-Care completed?
Alterna-Care has completed 1 funding rounds.
How much funding did Alterna-Care raise in its most recent funding round?
Alterna-Care raised $99K in its most recent funding round.
Who are the lead investors in Alterna-Care's latest funding round?
The lead investor in Alterna-Care's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Alterna-Care's history?
The largest funding round in Alterna-Care's history was $99K.
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