How Much Did REACH Raise?
Funding & Key Investors

REACH has successfully secured a major strategic investment, bringing its total capital accumulation to $890K. This latest infusion of $540K underscores the organization's commitment to expanding its vocational and rehabilitation services for adults with developmental and intellectual disabilities. By leveraging this financial backing, the entity continues to solidify its position as a critical pillar of support within Klamath County, ensuring that its diverse service offerings remain sustainable and impactful for the community members it serves.

What is REACH?

REACH
EducationTrainingOrganizations

REACH operates as a specialized social enterprise dedicated to the empowerment of adults aged 18 and older who face barriers to traditional employment due to developmental and intellectual disabilities. The organization provides a comprehensive ecosystem of support, ranging from structured day programs to practical vocational training in sectors such as landscaping, recycling, and food service operations. By integrating these individuals into the local economy through meaningful work, REACH fosters a sense of purpose and professional pride. The company's business model is built upon strategic collaborations with local enterprises, effectively bridging the gap between community needs and inclusive labor practices.

How much funding has REACH raised?

REACH has raised a total of $890K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$540K

Debt (2020): $350K with participation from PPP

Debt (2021): $540K led by PPP

Key Investors in REACH

PPP

Public-Private Partnership

What's next for REACH?

With the recent influx of capital, REACH is positioned to scale its operational capacity and enhance the quality of its rehabilitation initiatives. The organization is expected to focus on deepening its community partnerships and potentially diversifying its service portfolio to reach a broader demographic of individuals in need. As the entity navigates this growth phase, the focus remains on maintaining the integrity of its mission while optimizing the efficiency of its social impact programs. Future strategic efforts will likely prioritize the expansion of its commercial ventures, which serve as both a training ground for members and a sustainable revenue stream for the organization's long-term viability.

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Frequently Asked Questions Regarding REACH Financial Insights

What are the most recent funding rounds that REACH has completed, and what were the funding rounds?
REACH has recently completed 2 funding rounds: Debt on Jan 30, 2021, Debt on Apr 28, 2020.
What is the total amount of funding REACH has raised to date?
REACH has raised a total of $890K in funding to date.
How many funding rounds has REACH completed?
REACH has completed 2 funding rounds.
How much funding did REACH raise in its most recent funding round?
REACH raised $540K in its most recent funding round.
Who are the lead investors in REACH's latest funding round?
The lead investor in REACH'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 REACH's history?
The largest funding round in REACH's history was $540K.
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