What is Ten16?
Established in 1979, Ten16 Recovery Network operates as a specialized nonprofit entity dedicated to the delivery of evidence-based addiction treatment and long-term recovery support. The organization maintains a robust service portfolio that encompasses residential rehabilitation, outpatient counseling, and community-based recovery outreach. By fostering a nonjudgmental and supportive environment, Ten16 addresses the multifaceted needs of individuals and families navigating the complexities of substance dependency. Their market position is defined by a long-standing commitment to personalized care and community-integrated health solutions, distinguishing them as a cornerstone of regional recovery infrastructure.
How much funding has Ten16 raised?
Ten16 has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Ten16
PPP
Public-Private Partnership
What's next for Ten16?
With the successful acquisition of this late-stage financing, Ten16 is well-positioned to enhance its clinical service delivery and broaden its outreach initiatives. The organization is expected to prioritize the modernization of its residential facilities and the integration of advanced therapeutic modalities to improve patient outcomes. As the demand for accessible addiction recovery services remains high, this capital injection provides the necessary runway to strengthen organizational resilience and expand the reach of their recovery programs, ensuring that individuals in Central Michigan have sustained access to high-quality, drug-free life support systems.
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