How Much Did Turnstone Raise?
Funding & Key Investors

Turnstone, a prominent not-for-profit organization dedicated to providing comprehensive services for individuals with disabilities, has recently secured a $350K in a major strategic investment. This latest capital infusion, part of a larger funding initiative totaling $350K, underscores the organization's critical role in the community and its ongoing commitment to expanding its reach and impact. The context of this large-scale late-stage funding suggests a period of significant growth and strategic advancement for Turnstone.

What is Turnstone?

Turnstone
OrganizationsNon-Profit & Charitable OrganizationsChildcare

Founded in 1943 and headquartered in Fort Wayne, Indiana, Turnstone operates as a free-standing not-for-profit entity. The organization offers a wide spectrum of supportive services designed to meet the unique needs of people with disabilities and their families. Its service continuum includes Adult Day Care, Adult Therapy, Childcare, a Health & Wellness Center, Memory Care, and Pediatric Therapy, among others. Turnstone's long-standing presence and comprehensive approach position it as a vital resource within its community, focusing on enhancing the quality of life for its constituents through specialized care and programs.

How much funding has Turnstone raised?

Turnstone has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Turnstone

PPP

Public-Private Partnership

What's next for Turnstone?

With the recent strategic investment and the overall substantial funding secured, Turnstone is poised for significant advancement. This capital injection is expected to fuel the expansion of its service offerings, enhance existing programs, and potentially broaden its geographical reach or deepen its impact within the Fort Wayne area. The organization's focus on late-stage funding indicates a strategic intent to scale its operations and solidify its position as a leader in disability services, likely involving further development of its therapeutic and care facilities, and strengthening its community partnerships.

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Frequently Asked Questions Regarding Turnstone Financial Insights

What are the most recent funding rounds that Turnstone has completed, and what were the funding rounds?
Turnstone has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Turnstone has raised to date?
Turnstone has raised a total of $350K in funding to date.
How many funding rounds has Turnstone completed?
Turnstone has completed 1 funding rounds.
How much funding did Turnstone raise in its most recent funding round?
Turnstone raised $350K in its most recent funding round.
Who are the lead investors in Turnstone's latest funding round?
The lead investor in Turnstone'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 Turnstone's history?
The largest funding round in Turnstone's history was $350K.
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