How Much Did Second Act Raise?
Funding & Key Investors

Second Act, a cancer recovery boutique, has secured $24K in total funding, with a recent capital infusion of $24K. This latest financing round, described as substantial expansion capital, signifies a significant growth phase for the company, likely aligning with a Series B/C stage of development. The company's financial trajectory indicates a strong market position and investor confidence in its future expansion and service offerings.

What is Second Act?

Second Act
RetailVitamins, Supplements & Health StoresApparel & Accessories Retail

Second Act operates as an ABC-accredited cancer recovery boutique, specializing in post-breast surgery garments, prostheses, compression sleeves, wigs, and accessories. Their comprehensive inventory includes items for immediate post-operative wear, prostheses for women undergoing mastectomies, lumpectomies, or reconstruction, and specialized mastectomy bras. The boutique also offers camisoles, tank tops, t-shirts, swimsuits, wigs, hats, and scarves. Recognizing the financial burden on patients, Second Act ensures many of its post-surgery items are covered by Medicare and/or private insurance. The company is a Medicare-approved DME provider and an in-network provider for Blue Cross Blue Shield PPO and HMO, as well as Aetna PPO programs, requiring a physician's prescription for services. Owner Pattie Cagney Sheehan, a BOC Certified Mastectomy Fitter and member of the American Association of Breast Care Professionals, brings specialized expertise, including custom breast prosthesis fitting.

How much funding has Second Act raised?

Second Act has raised a total of $24K across 1 funding round:

2021

Debt

$24K

Debt (2021): $24K with participation from PPP

Key Investors in Second Act

PPP

Public-Private Partnership

What's next for Second Act?

With the recent influx of substantial expansion capital, Second Act is poised for significant growth and enhanced service delivery. This strategic investment is expected to fuel the company's expansion initiatives, potentially including broader product lines, increased inventory, and wider geographic reach. The company's focus on insurance coverage and its established network of providers position it for continued success in serving cancer patients. Future developments may involve leveraging technology for better client fitting and support, as well as expanding partnerships with healthcare institutions to further integrate their specialized services into cancer recovery pathways. The company's commitment to providing essential post-surgical care and accessories, combined with its strong insurance credentials, underpins its strategic direction for scaling operations and deepening its impact.

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Frequently Asked Questions Regarding Second Act Financial Insights

What are the most recent funding rounds that Second Act has completed, and what were the funding rounds?
Second Act has recently completed 1 funding rounds: Debt on Feb 27, 2021.
What is the total amount of funding Second Act has raised to date?
Second Act has raised a total of $24K in funding to date.
How many funding rounds has Second Act completed?
Second Act has completed 1 funding rounds.
How much funding did Second Act raise in its most recent funding round?
Second Act raised $24K in its most recent funding round.
Who are the lead investors in Second Act's latest funding round?
The lead investor in Second Act'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 Second Act's history?
The largest funding round in Second Act's history was $24K.
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