How Much Did The Doorways Raise?
Funding & Key Investors

The Doorways, a prominent nonprofit healthcare hospitality house, has achieved a significant milestone with its total funding reaching $460K. The organization recently secured a major strategic investment of $310K, underscoring its established presence and ongoing mission. This latest backing is indicative of the organization's mature lifecycle stage, likely enabling further scaling of its critical services.

What is The Doorways?

The Doorways
OrganizationsNon-Profit & Charitable Organizations

The Doorways is a nonprofit organization based in Richmond, VA, dedicated to providing lodging and comprehensive support for patients and their families who require proximity to hospitals during medical treatments. It cultivates an environment characterized by love, hope, and healing, serving an average of 150 guests daily. The organization's sustainability is driven by community donations and volunteer efforts, having provided essential support to over 223,000 guests since its inception in 1983. Its status as the second-largest healthcare hospitality house in the nation highlights its substantial impact and reach.

How much funding has The Doorways raised?

The Doorways has raised a total of $460K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$310K

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

Debt (2021): $310K led by PPP

Key Investors in The Doorways

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for The Doorways?

With substantial capital secured, The Doorways is poised to enhance its operational capacity and potentially expand its reach within the healthcare support sector. The recent strategic investment suggests a focus on long-term sustainability and growth, likely involving initiatives to further alleviate financial distress for families facing medical crises. Future endeavors may include strengthening partnerships with healthcare providers, increasing volunteer engagement, and optimizing resource allocation to serve an even greater number of guests, reinforcing its position as a cornerstone of compassionate care.

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Frequently Asked Questions Regarding The Doorways Financial Insights

What are the most recent funding rounds that The Doorways has completed, and what were the funding rounds?
The Doorways has recently completed 2 funding rounds: Debt on Jan 26, 2021, Debt on Apr 9, 2020.
What is the total amount of funding The Doorways has raised to date?
The Doorways has raised a total of $460K in funding to date.
How many funding rounds has The Doorways completed?
The Doorways has completed 2 funding rounds.
How much funding did The Doorways raise in its most recent funding round?
The Doorways raised $310K in its most recent funding round.
Who are the lead investors in The Doorways's latest funding round?
The lead investor in The Doorways'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 The Doorways's history?
The largest funding round in The Doorways's history was $310K.
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