How Much Did Support Innovations Raise?
Funding & Key Investors

Support Innovations has successfully secured a major strategic investment, bringing its cumulative capital infusion to $304K. This latest financing round, which contributed $154K to the organization's balance sheet, underscores the firm's stability and its capacity to sustain long-term operational objectives within the specialized care sector. By leveraging debt-based instruments, the company has demonstrated a disciplined approach to fiscal management, ensuring that its core mission of providing day habilitation services remains well-capitalized and resilient against market fluctuations.

What is Support Innovations?

Support Innovations
Healthcare ServicesElderly Care ServicesMental Health & Rehabilitation Facilities

Based in Missouri, Support Innovations Inc. operates as a critical provider of day habilitation services for adults living with developmental disabilities. Since its inception in 1998, the organization has distinguished itself through a proprietary Projects model, which integrates diverse activities such as art, physical exercise, and pre-vocational training. With a leadership team possessing over two centuries of collective experience, the company maintains a robust presence across three St. Louis County facilities. Their market position is defined by a commitment to personalized advocacy and high-quality engagement, effectively bridging the gap between clinical support and community integration for their clientele.

How much funding has Support Innovations raised?

Support Innovations has raised a total of $304K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$154K

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

Debt (2021): $154K led by PPP

Key Investors in Support Innovations

PPP

Public-Private Partnership

What's next for Support Innovations?

With the recent influx of capital, Support Innovations is positioned to scale its service delivery model and enhance its existing infrastructure. The organization is expected to prioritize the expansion of its pre-vocational skill growth programs, which are essential for fostering independence among the individuals they serve. Furthermore, the strategic deployment of these funds will likely focus on optimizing operational efficiencies across their three locations, ensuring that the quality of care remains consistent as they navigate the complexities of the late-stage growth phase. By maintaining a focus on their established mission while scaling their reach, the company is well-equipped to solidify its reputation as a leader in developmental disability support services.

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Frequently Asked Questions Regarding Support Innovations Financial Insights

What are the most recent funding rounds that Support Innovations has completed, and what were the funding rounds?
Support Innovations has recently completed 2 funding rounds: Debt on Feb 7, 2021, Debt on Apr 29, 2020.
What is the total amount of funding Support Innovations has raised to date?
Support Innovations has raised a total of $304K in funding to date.
How many funding rounds has Support Innovations completed?
Support Innovations has completed 2 funding rounds.
How much funding did Support Innovations raise in its most recent funding round?
Support Innovations raised $154K in its most recent funding round.
Who are the lead investors in Support Innovations's latest funding round?
The lead investor in Support Innovations'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 Support Innovations's history?
The largest funding round in Support Innovations's history was $154K.
See more information about Support Innovations