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

First Step Recovery has secured $14K in total capital, with its most recent funding round bringing in $14K. This financial backing positions the company within a Series A/B growth stage, indicating a focus on scaling operations and expanding market reach. The recent infusion of moderate growth capital underscores investor confidence in the company's trajectory and its specialized approach to addiction treatment.

What is First Step Recovery?

First Step Recovery
Hospitals & Physicians ClinicsMedical & Surgical HospitalsHealthcare Services

First Step Recovery is a specialized treatment center dedicated to providing Intensive Outpatient Programs (IOP) for adults battling addiction. The organization focuses on enabling individuals to pursue recovery while continuing their daily lives, offering a blend of evidence-based therapeutic modalities. These include group and individual therapy sessions, alongside 12-step education, all within a structured and supportive framework designed to foster long-term sobriety. Their mission emphasizes personalized care, accepting most insurance plans to make their services accessible and tailored to each client's unique needs.

How much funding has First Step Recovery raised?

First Step Recovery has raised a total of $14K across 1 funding round:

2021

Debt

$14K

Debt (2021): $14K with participation from PPP

Key Investors in First Step Recovery

PPP

Public-Private Partnership

What's next for First Step Recovery?

With the recent influx of moderate growth capital, First Step Recovery is poised for significant expansion. This Series A/B funding is likely to be strategically deployed to enhance program offerings, broaden geographical reach, and potentially invest in new therapeutic technologies. The company's commitment to evidence-based care and individualized treatment plans suggests a future focus on deepening its impact within the addiction recovery sector, potentially exploring partnerships or acquisitions to further its mission. The sustained investment signals a strong market appetite for effective, accessible addiction treatment solutions.

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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 Feb 5, 2021.
What is the total amount of funding First Step Recovery has raised to date?
First Step Recovery has raised a total of $14K 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 $14K 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 $14K.
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