How Much Did QueensCare Raise?
Funding & Key Investors

QueensCare has secured $7.2M in total capital, with its most recent financing round yielding $5.2M in a major strategic investment. This significant backing underscores the organization's critical role in providing accessible healthcare services.

What is QueensCare?

QueensCare
Hospitals & Physicians ClinicsPhysicians Clinics

QueensCare Health Centers, originally founded in 1897 by the Franciscan Sisters of Sacred Heart, operates as a 501(c)(3) non-profit, federally qualified health center. The organization is dedicated to offering accessible healthcare, irrespective of a patient's ability to pay, to low-income residents across Los Angeles. With five health centers strategically located throughout the city, QueensCare continues its enduring mission of delivering essential preventative and primary care to underserved communities in the Los Angeles area.

How much funding has QueensCare raised?

QueensCare has raised a total of $7.2M across 2 funding rounds:

2020

Debt

$2M

2021

Grant

$5.2M

Debt (2020): $2M with participation from PPP

Grant (2021): $5.2M led by American Rescue Plan

What's next for QueensCare?

The recent major strategic investment signifies a pivotal moment for QueensCare, likely enabling the expansion of its service offerings and the enhancement of its operational infrastructure. This infusion of capital is expected to bolster its capacity to reach more Los Angeles residents in need, reinforcing its commitment to accessible and equitable healthcare. The organization's long-standing history and non-profit status position it for continued growth and impact within the community health sector.

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Frequently Asked Questions Regarding QueensCare Financial Insights

What are the most recent funding rounds that QueensCare has completed, and what were the funding rounds?
QueensCare has recently completed 2 funding rounds: Grant on Apr 1, 2021, Debt on Apr 15, 2020.
What is the total amount of funding QueensCare has raised to date?
QueensCare has raised a total of $7.2M in funding to date.
How many funding rounds has QueensCare completed?
QueensCare has completed 2 funding rounds.
How much funding did QueensCare raise in its most recent funding round?
QueensCare raised $5.2M in its most recent funding round.
Who are the lead investors in QueensCare's latest funding round?
The lead investor in QueensCare's latest funding round was American Rescue Plan. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in QueensCare's history?
The largest funding round in QueensCare's history was $5.2M.
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