What is EARC?
EARC is dedicated to serving adults with developmental disabilities by providing essential support for independent living. Their comprehensive services encompass employment programs, residential facilities, and tailored training opportunities designed to meet individual needs. EARC operates various residential services, including group homes and assisted living facilities, alongside employment initiatives that offer valuable work experience. Furthermore, their community-focused thrift stores not only contribute to the organization's funding but also equip clients with practical retail skills.
How much funding has EARC raised?
EARC has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in EARC
PPP
Public-Private Partnership
What's next for EARC?
With a substantial $350K in total capital raised and a recent strategic investment of $350K, EARC is well-positioned for its next phase of expansion. This large-scale, late-stage funding suggests a focus on scaling operations, enhancing service delivery, and potentially broadening its reach within the developmental disabilities sector. The company is likely to leverage this backing to further its mission of fostering independence and providing critical support services.
See full EARC company page