How Much Did Open Heart Magic Raise?
Funding & Key Investors

Open Heart Magic has successfully secured a significant capital injection, bringing its total funding to $72K. This latest financing round, which accounts for $72K, underscores the organization's robust operational trajectory as it transitions into a mature phase of its mission. By leveraging this substantial expansion capital, the nonprofit is positioned to scale its unique therapeutic model across new clinical environments, ensuring that its bedside magic programs reach a broader demographic of pediatric patients in need of emotional support.

What is Open Heart Magic?

Open Heart Magic
OrganizationsNon-Profit & Charitable Organizations

Open Heart Magic operates at the intersection of pediatric healthcare and therapeutic engagement, providing specialized bedside magic programs designed to foster emotional resilience in hospitalized children. By deploying trained volunteers as hospital magicians, the organization facilitates interactive experiences that serve as a critical psychological intervention during long-term medical stays. Currently active in major metropolitan hubs such as Chicago, Cleveland, and Ann Arbor, the nonprofit has established a scalable framework for delivering joy and hope, effectively bridging the gap between clinical treatment and holistic patient well-being. Their market position is defined by a unique service delivery model that prioritizes the emotional health of children facing critical health challenges.

How much funding has Open Heart Magic raised?

Open Heart Magic has raised a total of $72K across 1 funding round:

2021

Debt

$72K

Debt (2021): $72K with participation from PPP

Key Investors in Open Heart Magic

PPP

Public-Private Partnership

What's next for Open Heart Magic?

With the recent influx of capital, Open Heart Magic is poised to accelerate its geographic footprint and deepen its impact within existing hospital partnerships. The organization's strategic roadmap likely involves the professionalization of its volunteer training infrastructure and the expansion of its administrative capacity to support a larger network of hospital magicians. As the nonprofit moves through this growth phase, the focus will remain on maintaining the quality of its interactive experiences while scaling operations to meet the needs of over 11,000 children. Future initiatives will likely prioritize sustainable donor engagement and the integration of data-driven metrics to quantify the therapeutic outcomes of their bedside programs, further solidifying their role as a vital component of the pediatric care ecosystem.

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Frequently Asked Questions Regarding Open Heart Magic Financial Insights

What are the most recent funding rounds that Open Heart Magic has completed, and what were the funding rounds?
Open Heart Magic has recently completed 1 funding rounds: Debt on Feb 10, 2021.
What is the total amount of funding Open Heart Magic has raised to date?
Open Heart Magic has raised a total of $72K in funding to date.
How many funding rounds has Open Heart Magic completed?
Open Heart Magic has completed 1 funding rounds.
How much funding did Open Heart Magic raise in its most recent funding round?
Open Heart Magic raised $72K in its most recent funding round.
Who are the lead investors in Open Heart Magic's latest funding round?
The lead investor in Open Heart Magic'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 Open Heart Magic's history?
The largest funding round in Open Heart Magic's history was $72K.
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