How Much Did Carc Raise?
Funding & Key Investors

Carc has secured $1.8M in total capital, with a recent strategic investment of $848K announced on March 31, 2021. This significant enterprise-level funding underscores the company's established presence and ongoing strategic initiatives within its sector. The recent financing round, characterized as a major strategic investment, signals a period of potential expansion or enhanced operational capacity for the organization.

What is Carc?

Carc
Healthcare ServicesMental Health & Rehabilitation FacilitiesConsumer Services

CARC, based in Lake Charles, LA, has been a dedicated provider of comprehensive support services for individuals with developmental disabilities since 1954. The organization empowers its clients through a diverse range of offerings, including commercial janitorial services, lawn crews, vocational training, and residential options. CARC's core mission is to foster personal and professional growth for people with disabilities, complemented by an employment program designed to enhance employee well-being through various benefits. The company's long-standing commitment and broad service portfolio position it as a key entity in disability support and empowerment.

How much funding has Carc raised?

Carc has raised a total of $1.8M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$848K

Debt (2020): $1M with participation from PPP

Debt (2021): $848K led by PPP

What's next for Carc?

The substantial enterprise-level funding and recent strategic investment indicate that Carc is poised for significant advancements. This capital infusion is likely to fuel the expansion of its vocational training programs, enhance its residential support services, and potentially broaden its reach in commercial janitorial and lawn care operations. The company may also leverage this backing to innovate its service delivery models, further integrating technology or developing new therapeutic approaches. Strategic partnerships could be explored to amplify its impact and reach more individuals with disabilities, solidifying its role as a leader in the sector.

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Frequently Asked Questions Regarding Carc Financial Insights

What are the most recent funding rounds that Carc has completed, and what were the funding rounds?
Carc has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on Apr 6, 2020.
What is the total amount of funding Carc has raised to date?
Carc has raised a total of $1.8M in funding to date.
How many funding rounds has Carc completed?
Carc has completed 2 funding rounds.
How much funding did Carc raise in its most recent funding round?
Carc raised $848K in its most recent funding round.
Who are the lead investors in Carc's latest funding round?
The lead investor in Carc'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 Carc's history?
The largest funding round in Carc's history was $1M.
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