How Much Did CentroMed Raise?
Funding & Key Investors

CentroMed, a cornerstone of community-based healthcare in San Antonio, has successfully secured a major strategic investment to bolster its operational capacity. This recent infusion of capital, totaling $1M, represents a significant milestone in the organization's long-standing mission to provide culturally competent care. With a cumulative financial backing of $1M, the institution continues to solidify its position as a vital provider of essential health services within the region.

The organization's ability to attract such substantial financing underscores its enduring relevance in the public health sector. By leveraging this latest round of investment, CentroMed is well-positioned to expand its reach and enhance the quality of its service delivery, ensuring that underserved populations continue to receive the support they require.

What is CentroMed?

CentroMed
Hospitals & Physicians ClinicsMedical & Surgical HospitalsHealthcare Services

Founded in 1971 as an outgrowth of the Mexican-American Mental Health Education Project, CentroMed has evolved from a singular counseling program into a comprehensive healthcare provider. Operating as a nonprofit, the organization has maintained a steadfast commitment to addressing the unique needs of San Antonio's Westside and Southside communities. Its market position is defined by its deep-rooted history of providing culturally competent mental health and primary care services, effectively bridging the gap between clinical excellence and community accessibility.

The entity's transition from a project-based initiative to a robust nonprofit structure reflects its resilience and strategic adaptability. By focusing on the intersection of social work and medical care, CentroMed has established a unique niche that prioritizes patient-centered outcomes and community-wide wellness, making it a critical component of the local healthcare infrastructure.

How much funding has CentroMed raised?

CentroMed has raised a total of $1M across 1 funding round:

2016

Grant

$1M

Grant (2016): $1M with participation from U.S. Department of Health and Human Services

Key Investors in CentroMed

U.S. Department of Health and Human Services

The U.S. Department of Health and Human Services provides essential human services and safeguards the health of all Americans. Established in 1953, it operates in the public sector.

What's next for CentroMed?

Looking ahead, the strategic deployment of this capital will likely focus on scaling existing programs and modernizing service delivery models to meet the evolving demands of the healthcare landscape. As the organization navigates its next phase of growth, the emphasis will remain on sustaining the high standards of care that have defined its reputation for over five decades. Future initiatives are expected to prioritize the integration of advanced health technologies and the expansion of outreach efforts to further mitigate health disparities in the region.

By maintaining its focus on mission-driven growth, CentroMed is poised to leverage its recent financial backing to secure long-term stability. The organization's trajectory suggests a continued commitment to innovation in community health, ensuring that it remains a reliable partner for both its patients and the broader public health ecosystem.

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Frequently Asked Questions Regarding CentroMed Financial Insights

What are the most recent funding rounds that CentroMed has completed, and what were the funding rounds?
CentroMed has recently completed 1 funding rounds: Grant on May 3, 2016.
What is the total amount of funding CentroMed has raised to date?
CentroMed has raised a total of $1M in funding to date.
How many funding rounds has CentroMed completed?
CentroMed has completed 1 funding rounds.
How much funding did CentroMed raise in its most recent funding round?
CentroMed raised $1M in its most recent funding round.
Who are the lead investors in CentroMed's latest funding round?
The lead investor in CentroMed's latest funding round was U.S. Department of Health and Human Services. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CentroMed's history?
The largest funding round in CentroMed's history was $1M.
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