How Much Did Pacesetters Raise?
Funding & Key Investors

Pacesetters has secured significant enterprise-level capital, with its total funding reaching $2.1M. The organization recently closed a major strategic investment of $1.1M, underscoring its critical role in community support and services for individuals with disabilities. This latest financing round follows previous debt financing, indicating a strategic approach to capital acquisition for its expansive operations.

What is Pacesetters?

Pacesetters
OrganizationsNon-Profit & Charitable OrganizationsHealthcare Services

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:

2020

Debt

$1M

2024

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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Frequently Asked Questions Regarding Pacesetters Financial Insights

What are the most recent funding rounds that Pacesetters has completed, and what were the funding rounds?
Pacesetters has recently completed 2 funding rounds: Debt on Sep 30, 2024, Debt on Apr 27, 2020.
What is the total amount of funding Pacesetters has raised to date?
Pacesetters has raised a total of $2.1M in funding to date.
How many funding rounds has Pacesetters completed?
Pacesetters has completed 2 funding rounds.
How much funding did Pacesetters raise in its most recent funding round?
Pacesetters raised $1.1M in its most recent funding round.
Who are the lead investors in Pacesetters's latest funding round?
The lead investor in Pacesetters's latest funding round was Bank of America. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Pacesetters's history?
The largest funding round in Pacesetters's history was $1.1M.
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