How Much Did STAR Raise?
Funding & Key Investors

STAR, a prominent non-profit organization serving the Portsmouth, Ohio region, has successfully secured a significant capital infusion to bolster its operational capacity. With a total historical backing of $402K, the organization recently finalized a major strategic investment of $252K. This latest financial milestone underscores the entity's commitment to expanding its reach within the developmental disability services sector, ensuring that its mission-critical programs remain sustainable and accessible to the Scioto County community.

What is STAR?

STAR
Healthcare ServicesElderly Care ServicesNon-Profit & Charitable Organizations

STAR operates as a specialized non-profit entity dedicated to the enrichment and empowerment of adults living with developmental disabilities. By providing a comprehensive suite of services—ranging from structured Adult Day Services to community outreach and vocational training—the organization functions as a vital pillar of social infrastructure. Its market position is defined by a focus on fostering independence and community membership, moving beyond traditional care models to offer tailored choices that facilitate personal growth and societal integration for its clients.

How much funding has STAR raised?

STAR has raised a total of $402K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$252K

Debt (2020): $150K with participation from PPP

Debt (2021): $252K led by PPP

Key Investors in STAR

PPP

Public-Private Partnership

What's next for STAR?

Following this substantial late-stage financing, STAR is positioned to scale its vocational opportunities and enhance its community engagement initiatives. The organization will likely prioritize the optimization of its service delivery models to accommodate a growing client base in Scioto County. By leveraging this recent capital, STAR aims to solidify its long-term operational stability, potentially expanding its volunteerism programs and deepening its impact on the local social services landscape. The strategic deployment of these funds will be instrumental in maintaining the high standard of support that defines the organization's reputation in the region.

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Frequently Asked Questions Regarding STAR Financial Insights

What are the most recent funding rounds that STAR has completed, and what were the funding rounds?
STAR has recently completed 2 funding rounds: Debt on Feb 2, 2021, Debt on Apr 28, 2020.
What is the total amount of funding STAR has raised to date?
STAR has raised a total of $402K in funding to date.
How many funding rounds has STAR completed?
STAR has completed 2 funding rounds.
How much funding did STAR raise in its most recent funding round?
STAR raised $252K in its most recent funding round.
Who are the lead investors in STAR's latest funding round?
The lead investor in STAR'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 STAR's history?
The largest funding round in STAR's history was $252K.
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