What is Cara?
Cara is a leader in poverty alleviation, dedicated to unlocking the power and purpose within communities and individuals to foster real and lasting success. Since its inception in 1978, Cara has been instrumental in guiding over 6,500 individuals into more than 10,000 jobs, setting them on a path to self-sufficiency. The organization provides comprehensive personal and professional development alongside access to employment opportunities, establishing a strong presence in Chicago and extending its impact beyond the region.
How much funding has Cara raised?
Cara has raised a total of $82K across 1 funding round:
Debt
$82K
Debt (2021): $82K with participation from PPP
Key Investors in Cara
PPP
Public-Private Partnership
What's next for Cara?
With the recent substantial expansion capital, Cara is poised to amplify its reach and deepen its impact in poverty alleviation. This strategic investment at the Series B/C stage suggests a focus on scaling operations, enhancing program delivery, and potentially expanding into new markets or refining its employment placement services. The company's commitment to empowering individuals through development and job access is set to gain further momentum, reinforcing its position as a key social enterprise.
See full Cara company page
