What is Alphapointe?
Founded in 1911, Alphapointe is a prominent 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, with over 230 being blind or visually impaired. The company's diverse business lines encompass plastics and micro-molding, office product manufacturing and sales, textiles, janitorial products, and contact center services. Complementing its commercial activities, Alphapointe also provides comprehensive rehabilitation and educational programs for children, youth, adults, and seniors 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 substantial enterprise-level funding Alphapointe has attracted, including the recent strategic investment, positions the organization for continued growth and enhanced service delivery. This capital infusion is expected to bolster its manufacturing capabilities, expand its product lines, and potentially broaden the reach of its rehabilitation and educational programs. The strategic nature of the recent financing suggests a focus on long-term sustainability and increased impact within the community of individuals with vision loss.
See full Alphapointe company page