How Much Did Cornerstone Support Services Raise?
Funding & Key Investors

Cornerstone Support Services has successfully secured a major strategic investment, marking a significant milestone in its operational trajectory. With a cumulative capital infusion reaching $150K, the organization is well-positioned to expand its specialized care infrastructure. The most recent financing round, totaling $150K, underscores the market confidence in the nonprofit's mission-driven approach to developmental disability support services within the Virginia region.

What is Cornerstone Support Services?

Cornerstone Support Services
Healthcare ServicesMental Health & Rehabilitation FacilitiesOrganizations

Cornerstone Support Services operates as a critical nonprofit entity, delivering person-centered care for adults with developmental disabilities. By integrating residential group homes with supported living apartments, the organization facilitates essential community integration and independent living skills. Beyond its core social services, the company maintains a diversified revenue model through the operation of thrift stores, which provide both financial sustainability and vocational opportunities for the individuals they serve. Their footprint across New Kent, Rockingham, and Hanover counties establishes them as a cornerstone of regional social infrastructure, bridging the gap between institutional care and community-based autonomy.

How much funding has Cornerstone Support Services raised?

Cornerstone Support Services has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

Key Investors in Cornerstone Support Services

PPP

Public-Private Partnership

What's next for Cornerstone Support Services?

With this latest injection of capital, Cornerstone Support Services is poised to scale its residential capacity and enhance its community integration programs. The strategic focus will likely shift toward optimizing service delivery models and expanding the reach of their supported living initiatives. As the organization navigates the complexities of late-stage growth, the emphasis remains on maintaining high-quality care standards while leveraging their unique thrift store revenue streams to ensure long-term fiscal resilience. Future developments will likely prioritize technological integration for client tracking and the potential expansion of their service area to address the growing demand for specialized disability support in neighboring Virginia communities.

See full Cornerstone Support Services company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Healthcare Services industry

Healthcare ServicesVeterinary Services
Elderly Care ServicesHealthcare Services
Healthcare ServicesMental Health & Rehabilitation Facilities
Healthcare ServicesMental Health & Rehabilitation Facilities

Frequently Asked Questions Regarding Cornerstone Support Services Financial Insights

What are the most recent funding rounds that Cornerstone Support Services has completed, and what were the funding rounds?
Cornerstone Support Services has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Cornerstone Support Services has raised to date?
Cornerstone Support Services has raised a total of $150K in funding to date.
How many funding rounds has Cornerstone Support Services completed?
Cornerstone Support Services has completed 1 funding rounds.
How much funding did Cornerstone Support Services raise in its most recent funding round?
Cornerstone Support Services raised $150K in its most recent funding round.
Who are the lead investors in Cornerstone Support Services's latest funding round?
The lead investor in Cornerstone Support Services'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 Cornerstone Support Services's history?
The largest funding round in Cornerstone Support Services's history was $150K.
See more information about Cornerstone Support Services