What is Alphapointe?
Founded in 1911, Alphapointe is a significant non-profit organization dedicated to empowering individuals with vision loss. As the third-largest employer of blind individuals in the United States, Alphapointe operates manufacturing facilities in Missouri and New York, employing nearly 400 people, over 230 of whom are blind or visually impaired. The company's diverse business lines span plastics and micro-molding, office product manufacturing and sales, textiles, janitorial products, and contact center services. Complementing its commercial operations, Alphapointe also provides comprehensive rehabilitation and educational programs for individuals of all ages who are blind or experiencing vision loss.
How much funding has Alphapointe raised?
Alphapointe has raised a total of $2M across 1 funding round:
Debt
$2M
Debt (2020): $2M with participation from PPP
Key Investors in Alphapointe
PPP
Public-Private Partnership
What's next for Alphapointe?
The recent major strategic investment signals a pivotal moment for Alphapointe, likely enabling expansion of its vocational training programs, enhancement of manufacturing capabilities, or broader outreach for its rehabilitation services. This enterprise-level capital infusion is expected to fortify its mission-driven operations and potentially open new avenues for social impact and employment opportunities for the visually impaired community.
See full Alphapointe company page