How Much Did Chelp Raise?
Funding & Key Investors

Chelp, a non-profit home care provider based in Decatur, IL, has secured $150K in total capital, with its most recent funding round bringing in $150K through a major strategic investment. This significant backing underscores the organization's established presence and ongoing mission in serving seniors and individuals with disabilities.

What is Chelp?

Chelp
Healthcare ServicesElderly Care Services

Founded in 1980, CHELP operates as a dedicated non-profit home care provider in Decatur, IL, focusing on private care and homemaking services. The organization extends its reach to Macon and Dewitt Counties, offering a comprehensive suite of services including adult protective services, in-home care, personal care assistance, and transportation. CHELP's core mission is to empower clients to maintain their independence and dignity within their own homes, thereby mitigating the need for institutionalization through targeted education and direct social services. The primary demographic served includes individuals aged 60 and above, alongside younger adults facing disabilities.

How much funding has Chelp raised?

Chelp has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Chelp

PPP

Public-Private Partnership

What's next for Chelp?

The recent strategic investment, contributing to CHELP's substantial total funding of $150K, signals a period of potential expansion and enhanced service delivery for the non-profit. As a late-stage organization, this capital infusion is likely to be directed towards scaling its operational capacity, potentially expanding its service area within Illinois, or investing in new technologies to further support its clients' independence. The focus on strategic investment suggests a forward-looking approach to solidifying its position as a key provider of home and personal care services in its operating regions.

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Frequently Asked Questions Regarding Chelp Financial Insights

What are the most recent funding rounds that Chelp has completed, and what were the funding rounds?
Chelp has recently completed 1 funding rounds: Debt on May 1, 2020.
What is the total amount of funding Chelp has raised to date?
Chelp has raised a total of $150K in funding to date.
How many funding rounds has Chelp completed?
Chelp has completed 1 funding rounds.
How much funding did Chelp raise in its most recent funding round?
Chelp raised $150K in its most recent funding round.
Who are the lead investors in Chelp's latest funding round?
The lead investor in Chelp'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 Chelp's history?
The largest funding round in Chelp's history was $150K.
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