SCARC Funding: How Much Did They Raise & Key Investors

How Much Did SCARC Raise?
Funding & Key Investors

SCARC has secured significant enterprise-level funding, with the total capital raised standing at $2M. This recent strategic investment, amounting to $2M, marks a pivotal moment for the organization's continued growth and service expansion. The latest financing round underscores the confidence in SCARC's mission and its impact on the community it serves.

What is SCARC?

SCARC

Organizations

Non-Profit & Charitable Organizations

SCARC is a long-standing non-profit entity, 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 programs, prevocational training, employment support, family assistance, and recreational activities. Serving over 500 individuals, SCARC champions dignity, value, and personal choice for all its constituents, offering tailored support for both younger individuals and adults.

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

What's next for SCARC?

The substantial enterprise-level capital infusion positions SCARC for enhanced operational capacity and potential service diversification. This strategic backing is expected to fuel the organization's mission to provide essential support and empower individuals with developmental disabilities. Future initiatives may focus on expanding service reach, enhancing existing programs, and further integrating individuals into the community, leveraging this significant financial commitment to drive sustainable impact and growth.

See full SCARC company page

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