How Much Did Stepworks Raise?
Funding & Key Investors

Stepworks has secured $350K in total capital, with its most recent financing round bringing in $350K in a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the addiction care sector.

What is Stepworks?

Stepworks
Healthcare ServicesMental Health & Rehabilitation Facilities

Stepworks is a provider of comprehensive addiction care services across Kentucky. The company offers a full spectrum of treatment options, including detox, residential treatment, outpatient programs, and sober living environments. Key services also encompass Medication-Assisted Therapy (MAT) and specialized care like the PICC Line Program. Stepworks is dedicated to guiding individuals and their families toward recovery with compassion and dignity, ensuring accessibility through various insurance plan acceptances.

How much funding has Stepworks raised?

Stepworks has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Stepworks

PPP

Public-Private Partnership

What's next for Stepworks?

The substantial late-stage funding indicates Stepworks is poised for significant expansion and operational enhancement. This capital infusion is likely to fuel the scaling of its service offerings, potentially broadening its geographic reach within Kentucky or into new markets. Strategic investments at this stage often signal a focus on enhancing treatment modalities, expanding technological integration for patient support, and solidifying its market leadership in addiction recovery services.

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Frequently Asked Questions Regarding Stepworks Financial Insights

What are the most recent funding rounds that Stepworks has completed, and what were the funding rounds?
Stepworks has recently completed 1 funding rounds: Debt on Apr 7, 2020.
What is the total amount of funding Stepworks has raised to date?
Stepworks has raised a total of $350K in funding to date.
How many funding rounds has Stepworks completed?
Stepworks has completed 1 funding rounds.
How much funding did Stepworks raise in its most recent funding round?
Stepworks raised $350K in its most recent funding round.
Who are the lead investors in Stepworks's latest funding round?
The lead investor in Stepworks'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 Stepworks's history?
The largest funding round in Stepworks's history was $350K.
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