What is MercyFirst?
Headquartered in Syosset, NY, MercyFirst is a venerable not-for-profit human service agency, established in 1894 by the Sisters of Mercy. The organization is dedicated to providing a comprehensive continuum of care for children, teenagers, and families facing trauma and neglect. MercyFirst extends its services across Brooklyn, Queens, Nassau, and Suffolk counties, operating a diverse array of programs including Family Support Programs, Foster Homes and Adoption Services, Treatment Family Foster Care, Community-based Group Homes, Mother/Child Residences, and Campus-based Residential Treatment Programs.
How much funding has MercyFirst raised?
MercyFirst has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in MercyFirst
PPP
Public-Private Partnership
What's next for MercyFirst?
The recent major strategic investment signals a pivotal moment for MercyFirst, likely enabling the expansion of its vital services and the enhancement of its operational capacity. This substantial backing suggests a focus on scaling its reach and deepening its impact within the communities it serves, potentially through new program development or the strengthening of existing initiatives. The enterprise-level funding context indicates a mature stage of growth, positioning MercyFirst for sustained development and increased community support.
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