What is Alternatives?
Founded in 1973 and headquartered in Chicago, Illinois, Alternatives, Inc. is dedicated to providing comprehensive youth development programs and behavioral health services. The organization serves individuals between the ages of 10 and 24, along with their families, addressing critical needs in a vulnerable demographic. Its long-standing history indicates a deep-rooted commitment to community impact and a proven model for youth support.
How much funding has Alternatives raised?
Alternatives has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
What's next for Alternatives?
The recent large-scale, late-stage funding, characterized as a major strategic investment, positions Alternatives for significant expansion and enhanced service delivery. This capital infusion is expected to fuel the scaling of its youth development and behavioral health initiatives, potentially allowing for broader reach within Chicago and beyond. The strategic nature of the investment suggests a focus on long-term growth and the strengthening of its operational capacity to meet the evolving needs of the youth and families it serves.
See full Alternatives company page