How Much Did Capable Raise?
Funding & Key Investors

Capable has secured $27K in total financing, with a recent capital infusion of $27K announced on February 5, 2021. This substantial expansion capital marks a significant milestone for the organization as it operates at a Series B/C stage, indicating a focus on scaling its impactful poverty-alleviation programs in Northern Uganda.

What is Capable?

Capable
OrganizationsNon-Profit & Charitable Organizations

Capable is an organization dedicated to empowering families in Northern Uganda to overcome extreme poverty. Their comprehensive strategy involves intensive training, mentorship, and crucial market linkage initiatives. By prioritizing mindset transformation and fostering individual agency, Capable builds community cooperatives designed to drive sustainable economic growth. Their deeply ingrained local relationships and tailored services have demonstrably increased client incomes while simultaneously reducing operational costs, showcasing a commitment to durable and meaningful outcomes.

How much funding has Capable raised?

Capable has raised a total of $27K across 1 funding round:

2021

Debt

$27K

Debt (2021): $27K with participation from PPP

What's next for Capable?

With the recent influx of expansion capital, Capable is poised to significantly broaden its reach. The organization has set an ambitious goal to impact 69,000 individuals over the next three years. This strategic investment will likely fuel the scaling of their proven model, enabling them to replicate their success in new communities and further solidify their position as a leader in sustainable economic development and poverty reduction initiatives.

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Frequently Asked Questions Regarding Capable Financial Insights

What are the most recent funding rounds that Capable has completed, and what were the funding rounds?
Capable has recently completed 1 funding rounds: Debt on Feb 5, 2021.
What is the total amount of funding Capable has raised to date?
Capable has raised a total of $27K in funding to date.
How many funding rounds has Capable completed?
Capable has completed 1 funding rounds.
How much funding did Capable raise in its most recent funding round?
Capable raised $27K in its most recent funding round.
Who are the lead investors in Capable's latest funding round?
The lead investor in Capable's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Capable's history?
The largest funding round in Capable's history was $27K.
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