How Much Did Stepworks Raise?
Funding & Key Investors

Stepworks has successfully secured a significant capital injection, marking a pivotal moment in its operational trajectory. With a total funding accumulation of $350K, the organization continues to solidify its footprint in the behavioral health sector. This recent funding amount of $350K serves as a major strategic investment, enabling the firm to scale its comprehensive addiction care infrastructure across Kentucky and beyond.

What is Stepworks?

Stepworks
Healthcare ServicesMental Health & Rehabilitation Facilities

Stepworks operates as a specialized provider of compassionate addiction recovery services, offering a continuum of care that spans detox, residential treatment, and outpatient therapy. By integrating intensive outpatient programs with sober living arrangements and medication-assisted treatment, the company addresses the multifaceted needs of individuals navigating recovery. Its market position is defined by a commitment to restoring dignity through evidence-based clinical pathways, effectively bridging the gap between acute medical intervention and long-term sobriety support.

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?

With this late-stage financing, Stepworks is positioned to accelerate its growth strategy, likely focusing on the expansion of its residential capacity and the enhancement of its digital health integration. The capital will be instrumental in optimizing clinical workflows and increasing the accessibility of its recovery programs. As the demand for high-quality addiction services continues to rise, Stepworks is well-equipped to leverage this investment to deepen its regional impact and refine its service delivery model, ensuring sustainable growth in a competitive healthcare landscape.

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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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