What is Bright Side Manor?
Bright Side Manor, an assisted living facility located in Teaneck, NJ, is part of The SHS Group, a collection of three 501(c)(3) charitable organizations. The company is dedicated to developing sustainable strategies that cater to the evolving needs of older adults, promoting their health and well-being. Beyond its assisted living operations, Bright Side Manor also manages the Portable Assisted Living Services (PALS) program out of The Westwood House in Westwood, NJ, and had plans for a new independent living facility in Teaneck, NJ, intended to open in early 2016 with community enrichment programs. The company's overarching mission is to provide affordable housing and support services that offer choice, promote dignity, and ensure safety and comfort for seniors.
How much funding has Bright Side Manor raised?
Bright Side Manor has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
Key Investors in Bright Side Manor
PPP
Public-Private Partnership
What's next for Bright Side Manor?
With the recent influx of capital from a major strategic investment, Bright Side Manor is poised for significant expansion and enhancement of its senior housing services. This substantial backing, part of its large-scale late-stage funding, suggests a strategic focus on scaling operations, potentially expanding its facility footprint, or investing in innovative programs to further support the health and well-being of older adults. The company's commitment to providing affordable, dignified, and safe living environments is likely to be a key driver in its future growth and market penetration.
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