What is Mosaic?
Founded in 1913, Mosaic operates as a nonprofit 501(c)(3) organization dedicated to providing comprehensive support for individuals with disabilities, autism, and mental health needs, as well as aging populations. As an affiliated social ministry of the Evangelical Lutheran Church in America, the company occupies a unique niche at the intersection of social services and healthcare delivery. By prioritizing a person-centered model, Mosaic has established itself as a critical infrastructure provider within the broader social services ecosystem, leveraging its historical longevity to scale impactful care solutions across the United States.
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 NY Green Bank and DZ Bank
Private Equity (2016): $40.7M with participation from Warburg Pincus, Core Innovation Capital, and The Obvious
Key Investors in Mosaic
Warburg Pincus
Warburg Pincus LLC is a leading global private equity firm renowned for its expertise in growth investing and supporting management teams in building long-term, sustainable success.
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.
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.
What's next for Mosaic?
Looking ahead, the infusion of capital positions Mosaic to further modernize its service delivery models and expand its reach within the behavioral health and disability support sectors. The organization is expected to leverage these resources to enhance operational efficiencies and integrate advanced care technologies, ensuring that its long-term sustainability remains aligned with the evolving needs of its constituents. By maintaining a focus on high-impact, mission-critical services, Mosaic is well-positioned to navigate future market cycles while continuing to serve as a vital resource for vulnerable populations.
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