How Much Did CODAC Raise?
Funding & Key Investors

CODAC, a cornerstone of behavioral healthcare in Rhode Island, has successfully secured a significant capital injection to bolster its expansive service network. The organization, which has operated for over five decades, recently finalized a major strategic investment totaling $1M. This latest infusion of capital brings the cumulative financial backing for the entity to $1M, underscoring its critical role in addressing substance use disorders and mental health challenges within the region.

What is CODAC?

CODAC
Hospitals & Physicians ClinicsMedical & Surgical HospitalsHealthcare Services

CODAC Behavioral Healthcare functions as a comprehensive provider of recovery, treatment, and prevention services. With a footprint spanning eight distinct locations and augmented by mobile medical units, the organization delivers integrated healthcare solutions that address complex issues such as gambling disorders and chronic mental health conditions. By bridging the gap between clinical intervention and community education, CODAC maintains a robust market position as a primary care provider for vulnerable populations. Their operational model is designed to foster long-term wellness, utilizing evidence-based practices to support recovery and community resilience across Rhode Island.

How much funding has CODAC raised?

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

2020

Debt

$1M

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

Key Investors in CODAC

PPP

Public-Private Partnership

What's next for CODAC?

With this major enterprise-level funding, CODAC is positioned to scale its operational capacity and enhance its integrated care delivery systems. The strategic allocation of these resources will likely focus on expanding the reach of their mobile medical units and refining their professional training programs, which serve as a vital resource for external organizations. As the behavioral health sector continues to evolve, CODAC's focus on sustainable, community-centric care models will be essential for maintaining its competitive advantage. Future growth will likely center on digital health integration and the broadening of their specialized treatment portfolios to meet the rising demand for accessible, high-quality behavioral health services.

See full CODAC company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Hospitals & Physicians Clinics industry

Hospitals & Physicians ClinicsPhysicians ClinicsMedical Practice ManagementHealthcare ServicesMental Health & Rehabilitation Facilities
Hospitals & Physicians ClinicsMedical & Surgical Hospitals
Dental Practice ManagementHospitals & Physicians Clinics
Hospitals & Physicians ClinicsPhysicians Clinics

Frequently Asked Questions Regarding CODAC Financial Insights

What are the most recent funding rounds that CODAC has completed, and what were the funding rounds?
CODAC has recently completed 1 funding rounds: Debt on Apr 12, 2020.
What is the total amount of funding CODAC has raised to date?
CODAC has raised a total of $1M in funding to date.
How many funding rounds has CODAC completed?
CODAC has completed 1 funding rounds.
How much funding did CODAC raise in its most recent funding round?
CODAC raised $1M in its most recent funding round.
Who are the lead investors in CODAC's latest funding round?
The lead investor in CODAC'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 CODAC's history?
The largest funding round in CODAC's history was $1M.
See more information about CODAC