How Much Did Transitional Raise?
Funding & Key Investors

Transitional, a provider of recovery support services, has secured $150K in total funding, with a recent strategic investment of $150K announced on April 27, 2020. This significant capital infusion positions the company for its next phase of growth in the late-stage funding landscape.

What is Transitional?

Transitional
Healthcare ServicesMental Health & Rehabilitation Facilities

Transitional Living Communities (TLC) is dedicated to offering comprehensive recovery support services, underscored by its provision of 850 residential beds and a state-licensed treatment program. The organization's core philosophy centers on 'gut-level recovery,' extending support through recovery housing for program graduates and vocational training in various trades. Uniquely, TLC is peer-run, with staff who have personal experience with addiction, fostering an environment of deep empathy and understanding for clients. The company prioritizes practical, effective recovery over ostentatious amenities, aiming to provide genuine assistance to individuals navigating their path to sobriety.

How much funding has Transitional raised?

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

2020

Debt

$150K

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

Key Investors in Transitional

PPP

Public-Private Partnership

What's next for Transitional?

The recent major strategic investment signifies a pivotal moment for Transitional, indicating a strong market validation for its peer-led, practical approach to recovery. As a large-scale, late-stage funding recipient, the company is poised to expand its service offerings, potentially increasing its residential capacity and enhancing its vocational training programs. This capital will likely fuel strategic initiatives aimed at broadening its reach and impact within the recovery support sector, solidifying its position as a leader in accessible, effective rehabilitation.

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Frequently Asked Questions Regarding Transitional Financial Insights

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