What is Pennreach?
Pennreach operates as a non-profit agency in New Jersey, focused on delivering personalized housing and support services designed to empower individuals to live independently and flourish within their communities. The organization serves a broad spectrum of the population, including adults with developmental or physical disabilities, individuals managing mental illness, at-risk children and families, those experiencing homelessness, survivors of domestic violence, veterans, older adults, and medically fragile seniors. Through its comprehensive programs, Pennreach is committed to transformative impact, assisting individuals one step at a time.
How much funding has Pennreach raised?
Pennreach has raised a total of $1M across 1 funding round:
Debt
$1M
Debt (2020): $1M with participation from PPP
Key Investors in Pennreach
PPP
Public-Private Partnership
What's next for Pennreach?
The recent major strategic investment suggests Pennreach is poised for significant expansion and enhancement of its service offerings. This capital infusion is likely to fuel the scaling of existing programs and potentially the development of new initiatives to address the evolving needs of the communities it serves. The focus on enterprise-level funding indicates a strategic approach to long-term sustainability and increased operational capacity, enabling Pennreach to further its mission of changing lives.
See full Pennreach company page