How Much Did Umfs Raise?
Funding & Key Investors

Umfs has secured a significant enterprise-level funding round, with the total capital raised standing at $2M. This latest financing event, characterized as a major strategic investment, adds to the company's financial momentum, although the specific amount of the recent capital infusion is represented by $2M. The company's funding history, which includes a $2B debt financing in April 2020 from PPP, indicates a trajectory of financial activity aimed at supporting its operational and strategic objectives.

What is Umfs?

Umfs
OrganizationsNon-Profit & Charitable OrganizationsEducation

Umfs, identified as Shineforth, is a nonprofit organization headquartered in Virginia, dedicated to providing comprehensive services for children, teens, and families. Established in 1900, the organization has a long-standing commitment to evolving its offerings to meet the complex needs of youth, particularly those with disabilities. Its core services encompass foster care, residential treatment, and specialized private day schooling. Shineforth's mission, 'to strengthen humanity one child at a time,' underscores its focus on delivering holistic healing and fostering stability for young individuals who have experienced trauma. The organization operates across multiple locations, fostering collaboration among educators, therapists, and mental health professionals to deliver personalized support within local communities.

How much funding has Umfs raised?

Umfs has raised a total of $2M across 1 funding round:

2020

Debt

$2M

Debt (2020): $2M with participation from PPP

Key Investors in Umfs

PPP

Public-Private Partnership

What's next for Umfs?

The recent major strategic investment in Umfs signals a pivotal phase for the organization, likely aimed at expanding its service capacity, enhancing its therapeutic programs, or broadening its reach within the communities it serves. Given its long history and focus on trauma-informed care for vulnerable youth, this capital infusion is expected to bolster its ability to provide critical support services. The enterprise-level nature of the overall funding suggests a strategic vision for sustainable growth and impact, potentially involving technological advancements in service delivery or the development of new specialized programs to address evolving societal needs. This financial backing is crucial for Umfs to continue its mission of fostering healing and stability for children and families.

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Frequently Asked Questions Regarding Umfs Financial Insights

What are the most recent funding rounds that Umfs has completed, and what were the funding rounds?
Umfs has recently completed 1 funding rounds: Debt on Apr 9, 2020.
What is the total amount of funding Umfs has raised to date?
Umfs has raised a total of $2M in funding to date.
How many funding rounds has Umfs completed?
Umfs has completed 1 funding rounds.
How much funding did Umfs raise in its most recent funding round?
Umfs raised $2M in its most recent funding round.
Who are the lead investors in Umfs's latest funding round?
The lead investor in Umfs'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 Umfs's history?
The largest funding round in Umfs's history was $2M.
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