How Much Did SCARC Raise?
Funding & Key Investors

SCARC has secured $2M in total capital, with its most recent financing round bringing in $2M. This major strategic investment underscores the organization's significant role in its sector and its ongoing efforts to expand its reach and impact.

What is SCARC?

SCARC
OrganizationsNon-Profit & Charitable Organizations

SCARC is a non-profit organization established in 1957, dedicated to empowering individuals with developmental disabilities and their families within Sussex County. The organization provides a comprehensive suite of services, including residential options, day habilitation, prevocational training, employment support, family services, and recreational programs. Serving over 500 individuals, SCARC's mission is to foster lives of dignity and value, upholding the rights of individuals to make personal choices. Its services are tailored for both individuals under and over the age of 21, ensuring age-appropriate support.

How much funding has SCARC raised?

SCARC has raised a total of $2M across 1 funding round:

2020

Debt

$2M

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

Key Investors in SCARC

PPP

Public-Private Partnership

What's next for SCARC?

The recent major strategic investment indicates a period of potential expansion and enhanced service delivery for SCARC. This capital infusion is likely to support the organization's ongoing commitment to its beneficiaries, potentially enabling the scaling of existing programs, the development of new initiatives, or the strengthening of its operational infrastructure. The focus on developmental disabilities and family support suggests that future growth will be directed towards deepening its impact within Sussex County and potentially reaching a broader demographic.

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Frequently Asked Questions Regarding SCARC Financial Insights

What are the most recent funding rounds that SCARC has completed, and what were the funding rounds?
SCARC has recently completed 1 funding rounds: Debt on Apr 29, 2020.
What is the total amount of funding SCARC has raised to date?
SCARC has raised a total of $2M in funding to date.
How many funding rounds has SCARC completed?
SCARC has completed 1 funding rounds.
How much funding did SCARC raise in its most recent funding round?
SCARC raised $2M in its most recent funding round.
Who are the lead investors in SCARC's latest funding round?
The lead investor in SCARC'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 SCARC's history?
The largest funding round in SCARC's history was $2M.
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