What is MercyFirst?
Headquartered in Syosset, NY, MercyFirst is a venerable not-for-profit human service agency, originally founded by the Sisters of Mercy in 1894. The organization offers a comprehensive continuum of care designed to support traumatized and neglected children, teenagers, and their families across Brooklyn, Queens, Nassau, and Suffolk counties. MercyFirst's extensive services include Family Support Programs, Foster Homes and Adoption Services, Treatment Family Foster Care, Community-based Group Homes, Mother/Child Residences, and Campus-based Residential Treatment Programs, reflecting a deep commitment to community welfare and child development.
How much funding has MercyFirst raised?
MercyFirst has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in MercyFirst
PPP
Public-Private Partnership
What's next for MercyFirst?
The recent major strategic investment indicates a focus on strengthening and potentially expanding MercyFirst's established service delivery model. This capital infusion is likely to support operational enhancements, program development, and the continued provision of critical services to vulnerable populations. Given the enterprise-level nature of the funding, MercyFirst appears poised for sustained impact and continued growth in its mission-critical endeavors.
See full MercyFirst company page