How Much Did ShiningCare Raise?
Funding & Key Investors

ShiningCare, a prominent provider of specialized geriatric support services, has successfully secured a significant financial injection to bolster its operational footprint. With a cumulative total funding amount reaching $6.7M, the organization continues to demonstrate robust market resilience. The most recent capital infusion of $20K marks a pivotal moment for the firm, providing substantial expansion capital to scale its care management infrastructure across Northern California and beyond.

This latest financing round underscores the company's long-standing commitment to delivering compassionate support to older adults and their families, a mission it has upheld since its inception in 1996. By leveraging this investment, ShiningCare is well-positioned to enhance its service delivery models and address the growing demand for high-quality elder care management in the Redding, Shasta, and Yreka regions.

What is ShiningCare?

ShiningCare
Healthcare ServicesElderly Care Services

ShiningCare operates as a specialized care management firm, serving as a critical bridge between elderly individuals and the complex healthcare ecosystem. Based in Redding, California, the company provides comprehensive support services designed to improve the quality of life for seniors. By offering professional oversight and personalized care coordination, ShiningCare has established itself as a trusted partner for families navigating the challenges of aging. The firm's market position is defined by its deep community roots and a proven track record of delivering reliable, compassionate assistance to its client base.

How much funding has ShiningCare raised?

ShiningCare has raised a total of $6.7M across 5 funding rounds:

2013

Unspecified

$700K

2014

Private Equity

$2M

Unspecified

$3M

2016

Angel/Seed

$1M

2021

Debt

$20K

Unspecified (2013): $700K, investors not publicly disclosed

Private Equity (2014): $2M, investors not publicly disclosed

Unspecified (2014): $3M supported by Crosslink, Profounders, and New Enterprise Associates

Angel/Seed (2016): $1M featuring PROfounders and New Enterprise Associates

Debt (2021): $20K backed by PPP

Key Investors in ShiningCare

Crosslink

Crosslink Capital is an investment firm that partners with ambitious early-stage founders to build category-defining companies, leveraging a proprietary network to foster collaboration.

New Enterprise Associates

Established in 1977 and headquartered in Menlo Park, California, New Enterprise Associates is a venture capital firm focused on helping entrepreneurs build businesses.

PROfounders

A venture capital firm that provides strategic backing to early-stage companies, focusing on long-term growth and operational excellence.

What's next for ShiningCare?

Looking ahead, the strategic deployment of the $20K will likely focus on scaling the company's digital and physical service infrastructure. As the demand for professional care management continues to rise, ShiningCare is expected to utilize this capital to optimize its operational efficiency and potentially expand its geographic reach into neighboring communities. By integrating advanced care coordination tools and expanding its professional staff, the company aims to solidify its leadership in the senior support sector. This phase of growth reflects a broader trend of institutional investment in the aging-in-place market, signaling a long-term commitment to sustainable, high-impact healthcare solutions.

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Frequently Asked Questions Regarding ShiningCare Financial Insights

What are the most recent funding rounds that ShiningCare has completed, and what were the funding rounds?
ShiningCare has recently completed 3 funding rounds: Debt on Mar 12, 2021, Angel/Seed on Jun 27, 2016, Unspecified on Oct 26, 2014.
What is the total amount of funding ShiningCare has raised to date?
ShiningCare has raised a total of $6.7M in funding to date.
How many funding rounds has ShiningCare completed?
ShiningCare has completed 3 funding rounds.
How much funding did ShiningCare raise in its most recent funding round?
ShiningCare raised $20K in its most recent funding round.
Who are the lead investors in ShiningCare's latest funding round?
The lead investor in ShiningCare'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 ShiningCare's history?
The largest funding round in ShiningCare's history was $3M.
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