What is Creative Care?
Founded in 1989 by Drs. Morteza and Karen Khalegi, Creative Care operates as a residential mental health facility based in Calabasas, California. For over three decades, the institution has been dedicated to aiding hundreds of men and women in their recovery from a spectrum of mental health conditions. These include, but are not limited to, anxiety, depression, post-traumatic stress disorder, and schizophrenia, offering a comprehensive approach to patient care and rehabilitation.
How much funding has Creative Care raised?
Creative Care has raised a total of $1.1M across 3 funding rounds:
Debt
$350K
Debt
$610K
Debt
$105K
Debt (2020): $350K with participation from PPP
Debt (2021): $610K led by PPP
Debt (2025): $105K supported by TD
Key Investors in Creative Care
PPP
Public-Private Partnership
TD
TD, likely referring to TD Bank, a financial institution that provides various banking and financial services, participating in the debt financing.
PPP
Public-Private Partnership
What's next for Creative Care?
The substantial enterprise-level funding, highlighted by the recent strategic investment, suggests Creative Care is poised for a significant scaling phase. This capital infusion is likely to support the expansion of its services, enhancement of treatment methodologies, and potentially broaden its geographical reach. The company's long-standing history and focus on complex mental health conditions indicate a strategic move to solidify its market position and address the growing demand for specialized residential care.
See full Creative Care company page
