How Much Did Second Mile Services Raise?
Funding & Key Investors

Second Mile Services has secured $150K in total capital, with a recent strategic investment of $150K announced on March 31, 2025. This significant backing positions the company for continued expansion in the behavioral health sector.

What is Second Mile Services?

Second Mile Services
OrganizationsNon-Profit & Charitable OrganizationsHealthcare Services

Second Mile Services, LLC, established in 2020 and based in Maryland, is a dedicated provider of behavioral health services for youth. The organization focuses on equipping young individuals with essential resources, de-escalation techniques, and temporary supportive housing. Through collaborations with social services, Second Mile Services offers individualized behavioral support, transportation, and supervision for youth in foster care. Their Provisional Placement Program is designed to create a secure environment for youth transitioning toward independence, aiding them in developing life skills and navigating challenges. The company also facilitates workshops and social activities to promote personal development and positive decision-making.

How much funding has Second Mile Services raised?

Second Mile Services has raised a total of $150K across 1 funding round:

2025

Debt

$150K

Debt (2025): $150K with participation from M&T Bank

Key Investors in Second Mile Services

M&T Bank

M&T Bank is a financial institution that provided debt financing, indicating a focus on supporting established operations and growth through lending.

What's next for Second Mile Services?

The recent major strategic investment signals a pivotal growth phase for Second Mile Services, likely enabling the expansion of its service offerings and geographical reach. This capital infusion is expected to bolster its capacity to support more youth through its Provisional Placement Program and enhance its community outreach initiatives. The company's focus on youth behavioral health and its collaborative model with social services are key differentiators that this financing will likely amplify, solidifying its position as a vital resource in the community.

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Frequently Asked Questions Regarding Second Mile Services Financial Insights

What are the most recent funding rounds that Second Mile Services has completed, and what were the funding rounds?
Second Mile Services has recently completed 1 funding rounds: Debt on Mar 31, 2025.
What is the total amount of funding Second Mile Services has raised to date?
Second Mile Services has raised a total of $150K in funding to date.
How many funding rounds has Second Mile Services completed?
Second Mile Services has completed 1 funding rounds.
How much funding did Second Mile Services raise in its most recent funding round?
Second Mile Services raised $150K in its most recent funding round.
Who are the lead investors in Second Mile Services's latest funding round?
The lead investor in Second Mile Services's latest funding round was M&T Bank. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Second Mile Services's history?
The largest funding round in Second Mile Services's history was $150K.
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