What is The Hearth?
Founded in 1988 and headquartered in Camillus, New York, Hearth Management operates as a privately owned and operated management and development company. The firm specializes in managing, consulting, and owning senior living, personal care, assisted/enriched living, and memory care communities. Hearth Management's operational footprint extends across New York, Connecticut, Indiana, and Tennessee, serving a diverse senior resident population.
How much funding has The Hearth raised?
The Hearth has raised a total of $5M across 1 funding round:
Debt
$5M
Debt (2020): $5M with participation from PPP
Key Investors in The Hearth
PPP
Public-Private Partnership
What's next for The Hearth?
The recent major strategic investment signals a pivotal growth phase for Hearth Management. This capital infusion is likely to fuel expansion initiatives, potentially through the acquisition of new communities, enhancement of existing facilities, or the development of innovative care models. The company's focus on enterprise-level funding suggests a strategy geared towards scaling operations and solidifying its market position within the competitive senior care industry.
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