What is Mosaic?
Mosaic is a nonprofit 501(c)(3) organization founded in 1913, dedicated to empowering individuals with disabilities, mental and behavioral health needs, and autism, as well as aging adults, to live their best lives. As an affiliated social ministry organization of the Evangelical Lutheran Church in America and a member of Lutheran Services in America, Mosaic operates with a mission-driven approach to providing holistic care. The organization's services are designed to enhance the quality of life for its clients through personalized support and comprehensive healthcare solutions.
How much funding has Mosaic raised?
Mosaic has raised a total of $268M across 6 funding rounds:
Series A
$3.7M
Grant
$2M
Debt
$2.5M
Debt
$19.2M
Debt
$200M
Private Equity
$40.7M
Series A (2012): $3.7M with participation from Spring Ventures
Grant (2012): $2M led by United States Department of Energy
Debt (2013): $2.5M, investors not publicly disclosed
Debt (2015): $19.2M, investors not publicly disclosed
Debt (2016): $200M backed by DZ Bank and NY Green Bank
Private Equity (2016): $40.7M with participation from The Obvious, Core Innovation Capital, and Warburg Pincus
Key Investors in Mosaic
Spring Ventures
Spring Ventures is an independent private equity firm investing in UK companies with high growth potential, focusing on sectors including business services, industrial products, IT, financial services, and healthcare. They typically invest between £5-£10m.
The Obvious
The Obvious Corp is a full-service creative and design firm that transforms client ideas into compelling marketing and communications materials across multiple formats and channels, specializing in strategic design, copywriting, and illustration services.
Core Innovation Capital
Core Innovation Capital is a fintech venture capital firm that invests in early-stage technology businesses aimed at unlocking wealth and health for the mass market, supporting founders who modernize significant aspects of everyday life.
What's next for Mosaic?
With a substantial enterprise-level funding history and a recent strategic investment, Mosaic is well-positioned for continued expansion and service enhancement. The company's focus on whole-person healthcare, serving diverse populations including those with disabilities, mental health needs, and aging adults, indicates a strategic direction towards addressing critical gaps in the healthcare landscape. Future initiatives are likely to involve scaling its proven care models, potentially through technological integration or geographic expansion, to reach a broader demographic. The significant capital backing suggests a trajectory towards solidifying its role as a leader in comprehensive and compassionate healthcare services.
See full Mosaic company page
