What is Avancer?
Avancer, established in August 2001, operates as a provider of residential services for individuals with intellectual disabilities. The company manages 18 homes across Genoa, DeKalb, Sycamore, Cortland, and Davis Junction, focusing on enhancing the quality of life for its residents through opportunities for choice, growth, independence, and personal fulfillment. Avancer's programs are designed to develop essential Social and Communication Skills, basic Daily Living Skills, and Community Living Skills. The company's dedicated personnel include Administrative Staff, a Registered Nurse, a Qualified Intellectual Disabilities Professional, Direct Support Personnel, Residential Managers, a Medical Needs Coordinator, and 24-hour staff, ensuring comprehensive care and support.
How much funding has Avancer raised?
Avancer has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Avancer
PPP
Public-Private Partnership
What's next for Avancer?
The substantial large-scale late-stage funding Avancer has attracted signals a pivotal moment for the organization. This strategic investment is likely to fuel further expansion of its residential facilities, enhance program development, and potentially broaden its service reach. The company is well-positioned to leverage this capital for operational scaling and to solidify its mission of providing supportive community living for individuals with intellectual disabilities.
See full Avancer company page
