What is Cape?
Cape and Island Tennis & Track stands as New England's premier contractor for the construction and refurbishment of tennis courts and running tracks. Established in 1972, the company has built a formidable reputation across Massachusetts, Connecticut, New Hampshire, Vermont, Maine, and Rhode Island. With a portfolio exceeding 2,650 court projects and 600 track projects, Cape has been recognized with numerous accolades for its high-quality facility developments. Their expertise caters to a diverse clientele, including educational institutions, municipal parks, private clubs, and residential properties, ensuring premium service and durable, award-winning results.
How much funding has Cape raised?
Cape has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Cape
PPP
Public-Private Partnership
What's next for Cape?
The substantial capital infusion, particularly the recent strategic investment, positions Cape for accelerated growth and potential market expansion. This backing is likely to fuel advancements in construction technology, enhance operational capacity, and potentially broaden the company's geographic reach beyond its current New England stronghold. As a leader in its niche, Cape is poised to leverage this financing to solidify its competitive advantage and explore new opportunities in the sports infrastructure sector.
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