How Much Did Cape Raise?
Funding & Key Investors

Cape, a prominent contractor specializing in sports facility construction and renovation, has secured significant capital, with total funding reaching $350K. The company recently announced a $350K investment, marking a major strategic development in its growth trajectory. This latest financing round underscores Cape's established position in the New England market.

What is Cape?

Cape
ConstructionCivil Engineering Construction

Cape and Island Tennis & Track stands as New England's largest contractor dedicated to the construction and refurbishment of tennis courts and running tracks. Since its inception in 1972, the company has delivered premium services to a diverse clientele, including educational institutions, public parks, private clubs, and residential customers across Massachusetts, Connecticut, New Hampshire, Vermont, Maine, and Rhode Island. With a proven track record of over 2,650 court projects and 600 track projects completed, Cape has garnered numerous accolades for the exceptional quality of its athletic facilities. The company prides itself on a team of certified builders and seasoned project managers committed to delivering unparalleled service and superior craftsmanship.

How much funding has Cape raised?

Cape has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Cape?

The substantial backing indicated by $350K and the recent $350K strategic investment suggests Cape is poised for significant expansion and operational enhancement. As a leader in its niche, the company is likely to leverage this capital to broaden its service offerings, invest in advanced construction technologies, and potentially expand its geographic reach beyond the New England region. This infusion of financing will undoubtedly fortify its competitive advantage and support its continued commitment to delivering award-winning sports facilities.

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Frequently Asked Questions Regarding Cape Financial Insights

What are the most recent funding rounds that Cape has completed, and what were the funding rounds?
Cape has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Cape has raised to date?
Cape has raised a total of $350K in funding to date.
How many funding rounds has Cape completed?
Cape has completed 1 funding rounds.
How much funding did Cape raise in its most recent funding round?
Cape raised $350K in its most recent funding round.
Who are the lead investors in Cape's latest funding round?
The lead investor in Cape'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 Cape's history?
The largest funding round in Cape's history was $350K.
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