What is New Horizons?
Established in 1954, New Horizons is a cornerstone non-profit dedicated to enabling individuals with special needs to achieve their full potential. The organization serves over 1,600 adults (age 18 and older) annually with job training, placement, education, counseling, residential services, and social programs across the greater San Fernando and Santa Clarita Valleys of Los Angeles. Its four-acre campus in North Hills, California, acts as a hub for these essential services, fostering growth and independence for its constituents.
How much funding has New Horizons raised?
New Horizons has raised a total of $7M across 2 funding rounds:
Other Financing Round
$6M
Debt
$1M
Other Financing Round (2005): $6M with participation from Camden Partners
Debt (2020): $1M led by PPP
Key Investors in New Horizons
Camden Partners
Camden Partners Growth Equity, founded in 1995, specializes in growth equity investments within the lower middle market, particularly in software and technology-enabled business services. They partner with management teams, leveraging extensive experience and networks to foster company growth.
What's next for New Horizons?
The recent major strategic investment signals a period of potential expansion and enhanced service delivery for New Horizons. This capital infusion is likely to bolster existing programs, potentially allowing for the development of new initiatives or the expansion of reach to serve an even greater number of individuals. The focus on strategic backing suggests a forward-looking approach, aiming to solidify the organization's long-term sustainability and impact in the community.
See full New Horizons company page