How Much Did HRDI Raise?
Funding & Key Investors

HRDI, a community behavioral health center serving Chicago's South Side, has secured $2M in total enterprise-level funding, with a recent major strategic investment of $2M announced on April 11, 2020. This significant capital infusion underscores the organization's critical role in providing comprehensive mental health and substance use services to underserved populations.

What is HRDI?

HRDI
Hospitals & Physicians ClinicsMedical & Surgical HospitalsHealthcare Services

HRDI, a subsidiary of Friend Health, has been a cornerstone of community behavioral health on Chicago's South Side since 1974. The organization is dedicated to offering a wide spectrum of prevention, intervention, and treatment services for mental health and substance use disorders. By employing evidence-based care models, HRDI empowers individuals and families to improve their quality of life and achieve self-sufficiency. With nearly two dozen programs designed to foster substance-free living, HRDI ensures that essential services are accessible to all, irrespective of their financial capacity. The company's commitment to whole person care positions it as a vital provider within its community.

How much funding has HRDI raised?

HRDI has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

What's next for HRDI?

The recent major strategic investment signals a pivotal growth phase for HRDI, likely enabling the expansion of its service offerings and outreach programs. This capital will be instrumental in reinforcing its mission to enhance community health and solidify its position as the provider of choice for comprehensive behavioral health solutions. Future initiatives may focus on scaling evidence-based models, increasing accessibility to treatment, and further integrating services to address the complex needs of the underserved communities it serves.

See full HRDI company page
See More Financial Insights
No matching results.
Refine your search.

Additional financial insights in the Hospitals & Physicians Clinics industry

Hospitals & Physicians ClinicsMedical Practice ManagementHealthcare ServicesMental Health & Rehabilitation Facilities
Dental Practice ManagementHospitals & Physicians Clinics
Dental Practice ManagementHospitals & Physicians Clinics
Dental Practice ManagementHospitals & Physicians Clinics

Frequently Asked Questions Regarding HRDI Financial Insights

What are the most recent funding rounds that HRDI has completed, and what were the funding rounds?
HRDI has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding HRDI has raised to date?
HRDI has raised a total of $2M in funding to date.
How many funding rounds has HRDI completed?
HRDI has completed 1 funding rounds.
How much funding did HRDI raise in its most recent funding round?
HRDI raised $2M in its most recent funding round.
Who are the lead investors in HRDI's latest funding round?
The lead investor in HRDI'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 HRDI's history?
The largest funding round in HRDI's history was $2M.
See more information about HRDI