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

Open Heart Magic has secured $72K in total capital, with a recent infusion of $72K in expansion financing. This substantial backing positions the nonprofit at a significant Series B/C stage, enabling further growth of its impactful programs.

What is Open Heart Magic?

Open Heart Magic
OrganizationsNon-Profit & Charitable Organizations

Open Heart Magic is a nonprofit organization dedicated to providing bedside magic programs for hospitalized children. Through interactive experiences delivered by volunteer hospital magicians, the organization aims to inspire courage, joy, and emotional healing during critical times. Operating in cities such as Chicago, Cleveland, and Ann Arbor, Open Heart Magic has a mission to support over 11,000 children annually, fostering hope and happiness through its unique initiatives.

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

What's next for Open Heart Magic?

With significant expansion capital secured, Open Heart Magic is poised for strategic growth. The recent investment will likely fuel the scaling of its hospital magic programs to reach a greater number of children across more medical facilities. Future initiatives may involve enhancing volunteer training, expanding operational reach to new cities, and deepening community engagement through enhanced charity events and donation drives. This funding round signifies a commitment to broadening the organization's impact and solidifying its position as a key provider of emotional support for pediatric patients.

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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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