How Much Did First Step Recovery Raise?
Funding & Key Investors

First Step Recovery has secured $350K in total capital, with its most recent financing round bringing in $350K. This major strategic investment underscores the company's significant progress in the healthcare sector, particularly in addiction and mental health treatment services. The company's financial trajectory indicates a strong position for continued expansion and service enhancement.

What is First Step Recovery?

First Step Recovery
Healthcare ServicesMental Health & Rehabilitation Facilities

First Step Recovery operates as a leading inpatient drug and alcohol rehabilitation and detox center based in Warren, Ohio. The facility is dedicated to providing comprehensive care, including medical detox, tailored treatment strategies, and crucial mental health support within a secure and upscale environment. Their services are designed for individuals facing substance abuse and co-occurring mental health challenges, emphasizing compassionate and accessible care. The center's operational model ensures 24/7 availability and accommodates most private insurance plans and Medicaid, broadening access to essential recovery services.

How much funding has First Step Recovery raised?

First Step Recovery has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in First Step Recovery

PPP

Public-Private Partnership

What's next for First Step Recovery?

The substantial late-stage funding positions First Step Recovery for significant growth and strategic development. This capital infusion is likely to fuel the expansion of its service offerings, enhance its treatment methodologies, and potentially broaden its geographical reach. The company's focus on integrating medical detox with personalized treatment plans and mental health support, coupled with its commitment to accessibility through insurance and Medicaid, suggests a strategy aimed at solidifying its market leadership and impact in the behavioral health industry.

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Frequently Asked Questions Regarding First Step Recovery Financial Insights

What are the most recent funding rounds that First Step Recovery has completed, and what were the funding rounds?
First Step Recovery has recently completed 1 funding rounds: Debt on Apr 13, 2020.
What is the total amount of funding First Step Recovery has raised to date?
First Step Recovery has raised a total of $350K in funding to date.
How many funding rounds has First Step Recovery completed?
First Step Recovery has completed 1 funding rounds.
How much funding did First Step Recovery raise in its most recent funding round?
First Step Recovery raised $350K in its most recent funding round.
Who are the lead investors in First Step Recovery's latest funding round?
The lead investor in First Step Recovery'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 First Step Recovery's history?
The largest funding round in First Step Recovery's history was $350K.
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