How Much Did Soar365 Raise?
Funding & Key Investors

Soar365, a nonprofit organization based in Richmond, VA, has secured significant enterprise-level funding, with a total funding amount of $4M. The organization recently announced a major strategic investment of $2M on January 29, 2021, underscoring its commitment to expanding its services for individuals with disabilities.

What is Soar365?

Soar365
OrganizationsNon-Profit & Charitable Organizations

SOAR365 is a nonprofit entity dedicated to fostering opportunities for individuals with disabilities across various age groups. Its comprehensive service portfolio includes pediatric therapy, adult day support, respite care, employment services, and summer camps, collectively serving close to 2,100 individuals annually. Beyond direct services, SOAR365 operates business solutions that employ individuals with disabilities, thereby promoting their financial independence and providing valuable services to local businesses. The organization's mission is to empower people of all ages and abilities to overcome the challenges associated with living with a disability.

How much funding has Soar365 raised?

Soar365 has raised a total of $4M across 2 funding rounds:

2020

Debt

$2M

2021

Debt

$2M

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

Debt (2021): $2M led by PPP

Key Investors in Soar365

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Soar365?

The recent major strategic investment signals a pivotal growth phase for Soar365, likely enabling the expansion of its program offerings and outreach. This capital infusion is expected to bolster its capacity to serve a larger number of individuals with disabilities and enhance its business solutions arm. The organization's focus on both direct support and employment opportunities positions it for sustained impact and potential scaling of its model to other regions.

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Frequently Asked Questions Regarding Soar365 Financial Insights

What are the most recent funding rounds that Soar365 has completed, and what were the funding rounds?
Soar365 has recently completed 2 funding rounds: Debt on Jan 29, 2021, Debt on Apr 7, 2020.
What is the total amount of funding Soar365 has raised to date?
Soar365 has raised a total of $4M in funding to date.
How many funding rounds has Soar365 completed?
Soar365 has completed 2 funding rounds.
How much funding did Soar365 raise in its most recent funding round?
Soar365 raised $2M in its most recent funding round.
Who are the lead investors in Soar365's latest funding round?
The lead investor in Soar365'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 Soar365's history?
The largest funding round in Soar365's history was $2M.
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