How Much Did Well Being Development Raise?
Funding & Key Investors

Well Being Development (WBD) has reached a pivotal juncture in its operational lifecycle, securing a total capital infusion of $41K. This recent injection of $41K represents a substantial expansion capital milestone, positioning the Ely-based nonprofit to scale its behavioral health infrastructure significantly. By leveraging this financial backing, the organization is set to broaden its reach within the mental health sector, reinforcing its commitment to community-based support systems and long-term wellness initiatives.

What is Well Being Development?

Well Being Development
Healthcare ServicesMental Health & Rehabilitation FacilitiesNon-Profit & Charitable Organizations

Established in 2010, Well Being Development operates as a specialized nonprofit agency dedicated to behavioral health education and resource accessibility. The organization distinguishes itself through a multifaceted service model that includes the Northern Lights Clubhouse, a dedicated Recovery Residence, and a Care Facilitator Service. By fostering a supportive environment for vulnerable populations, WBD acts as a critical nexus for personal growth and systemic positive change. Its market position is defined by deep local collaboration and a mission-driven approach to mental health, effectively bridging the gap between clinical necessity and community-based recovery support.

How much funding has Well Being Development raised?

Well Being Development has raised a total of $41K across 1 funding round:

2021

Debt

$41K

Debt (2021): $41K with participation from PPP

Key Investors in Well Being Development

PPP

Public-Private Partnership

What's next for Well Being Development?

With the recent influx of capital, Well Being Development is poised to transition from its foundational phase into a period of accelerated service delivery and operational maturity. The strategic roadmap likely involves the expansion of its Care Facilitator Service and the potential scaling of its recovery residence capacity to meet rising demand for behavioral health resources. As the organization navigates this growth trajectory, the focus will remain on enhancing the efficacy of its existing programs while forging new partnerships to solidify its role as a cornerstone of regional mental health infrastructure. This investment serves as a catalyst for sustainable impact, ensuring that WBD can continue to provide essential resources to those navigating the complexities of mental well-being.

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Frequently Asked Questions Regarding Well Being Development Financial Insights

What are the most recent funding rounds that Well Being Development has completed, and what were the funding rounds?
Well Being Development has recently completed 1 funding rounds: Debt on Mar 10, 2021.
What is the total amount of funding Well Being Development has raised to date?
Well Being Development has raised a total of $41K in funding to date.
How many funding rounds has Well Being Development completed?
Well Being Development has completed 1 funding rounds.
How much funding did Well Being Development raise in its most recent funding round?
Well Being Development raised $41K in its most recent funding round.
Who are the lead investors in Well Being Development's latest funding round?
The lead investor in Well Being Development'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 Well Being Development's history?
The largest funding round in Well Being Development's history was $41K.
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