What is Pacesetters?
Pacesetters Inc. is a private not-for-profit organization established in 1971 in Tennessee. It is dedicated to empowering and supporting individuals with disabilities and their families. The organization provides a comprehensive suite of day and residential services across 14 counties, with a core focus on enabling individuals with severe disabilities to maintain their lives within their communities. Pacesetters' overarching mission is to foster enlightened communities where individuals with disabilities are not only valued but also fully integrated and included.
How much funding has Pacesetters raised?
Pacesetters has raised a total of $2.1M across 2 funding rounds:
Debt
$1M
Debt
$1.1M
Debt (2020): $1M with participation from PPP
Debt (2024): $1.1M led by Bank of America
Key Investors in Pacesetters
Bank of America
Bank of America is a leading global financial institution, likely providing debt financing and strategic capital solutions to organizations like Pacesetters to support their operational and growth objectives.
PPP
Public-Private Partnership
What's next for Pacesetters?
The recent major strategic investment signals a period of potential expansion and enhanced service delivery for Pacesetters. This capital infusion, following substantial prior financing, is likely to fuel initiatives aimed at broadening its reach across the 14 counties it serves and potentially developing new programs. The organization's commitment to community inclusion and support for individuals with severe disabilities positions it for continued growth and impact, leveraging this latest backing to further its mission.
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