What is SupportOne?
SupportOne is a non-profit entity focused on enhancing the lives of adults with intellectual disabilities through round-the-clock housing and a spectrum of essential services. Their core mission is to foster independence by delivering individualized support. The organization's operational capacity and ability to enrich resident lives are significantly influenced by financial contributions and in-kind donations. Eligibility for their services is assessed by Program Managers, who also facilitate connections with community resources for supplementary aid.
How much funding has SupportOne raised?
SupportOne has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for SupportOne?
The substantial capital infusion, particularly the recent major strategic investment, positions SupportOne for enhanced operational capacity and potential expansion of its service offerings. As a mature organization in the non-profit sector, this financing is likely to be directed towards strengthening existing programs, upgrading facilities, and potentially broadening its reach to serve a larger demographic. The focus on late-stage funding suggests a strategic approach to long-term sustainability and impact.
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