How Much Did Summit Detox Raise?
Funding & Key Investors

Summit Detox, a provider of medical detoxification services, has secured $150K in total capital. The company recently announced a $150K strategic investment, marking a significant milestone in its growth trajectory. This latest financing round underscores the increasing investor confidence in the addiction treatment sector and Summit Detox's position within it.

What is Summit Detox?

Summit Detox
Healthcare ServicesMental Health & Rehabilitation Facilities

Summit Detox operates a 20-bed medical facility in Boynton Beach, Florida, specializing in the safe and comfortable detoxification from alcohol and various drugs, including heroin, opioids, and benzodiazepines. Catering to patients 18 years and older from across the nation, the facility emphasizes a nurturing environment as the crucial first step toward a healthy, sober life. Their approach includes medically supervised detox, vitamin regimens, and innovative natural remedies to ensure optimal patient management during the withdrawal process. This careful medical oversight, combined with a caring staff and premium accommodations, aims to prepare patients effectively for subsequent treatment phases. The company employs a range of medications tailored to specific substances to facilitate a controlled withdrawal, supported by 24/7 medical supervision.

How much funding has Summit Detox raised?

Summit Detox has raised a total of $150K across 1 funding round:

2020

Debt

$150K

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

What's next for Summit Detox?

With the recent injection of capital, Summit Detox is poised for significant expansion and enhancement of its service offerings. The 'large-scale late-stage funding' context suggests a strategic focus on scaling operations, potentially through facility upgrades, broader geographic reach, or the development of new treatment modalities. This investment will likely enable Summit Detox to solidify its market position and meet the growing demand for evidence-based addiction treatment. Future developments may include strategic partnerships, technological integrations to improve patient care and monitoring, and further investment in clinical staff training and development to maintain its high standards of care.

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Frequently Asked Questions Regarding Summit Detox Financial Insights

What are the most recent funding rounds that Summit Detox has completed, and what were the funding rounds?
Summit Detox has recently completed 1 funding rounds: Debt on Apr 27, 2020.
What is the total amount of funding Summit Detox has raised to date?
Summit Detox has raised a total of $150K in funding to date.
How many funding rounds has Summit Detox completed?
Summit Detox has completed 1 funding rounds.
How much funding did Summit Detox raise in its most recent funding round?
Summit Detox raised $150K in its most recent funding round.
Who are the lead investors in Summit Detox's latest funding round?
The lead investor in Summit Detox'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 Summit Detox's history?
The largest funding round in Summit Detox's history was $150K.
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