How Much Did CCAP Raise?
Funding & Key Investors

CCAP, a cornerstone of Rhode Island's social infrastructure, has successfully secured significant capital to bolster its expansive service delivery model. With a cumulative total funding amount of $4M, the organization continues to demonstrate its capacity to attract institutional backing. The most recent strategic investment of $3M underscores the critical nature of its mission in providing essential support services to vulnerable populations across the state.

What is CCAP?

CCAP
OrganizationsNon-Profit & Charitable OrganizationsHealthcare Services

Operating as the largest nonprofit agency in Rhode Island, CCAP provides a comprehensive suite of support services, including medical and dental care, behavioral health counseling, housing assistance, and vocational training. By integrating these diverse offerings, the organization serves as a vital safety net for low-income residents, aiming to foster long-term self-sufficiency. With a legacy spanning over six decades, CCAP maintains a robust operational footprint, impacting the lives of more than 40,000 individuals annually through its multifaceted community-focused programs.

How much funding has CCAP raised?

CCAP has raised a total of $4M across 2 funding rounds:

2020

Debt

$1M

2021

Grant

$3M

Debt (2020): $1M with participation from PPP

Grant (2021): $3M led by American Rescue Plan

Key Investors in CCAP

American Rescue Plan

A federal legislative initiative providing emergency financial support to organizations and communities to address the economic impacts of the pandemic.

PPP

Public-Private Partnership

What's next for CCAP?

The infusion of recent capital positions CCAP to scale its service capacity and enhance the efficacy of its existing social programs. As the organization navigates the complexities of the current economic landscape, this strategic financing will likely be directed toward upgrading health infrastructure and expanding job training initiatives. By leveraging this financial momentum, CCAP is well-positioned to deepen its community impact, ensuring that its core mission of empowerment remains resilient against shifting socioeconomic demands. Future growth will likely focus on digital transformation of service delivery and the expansion of behavioral health resources to meet rising regional demand.

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Frequently Asked Questions Regarding CCAP Financial Insights

What are the most recent funding rounds that CCAP has completed, and what were the funding rounds?
CCAP has recently completed 2 funding rounds: Grant on Apr 1, 2021, Debt on Apr 27, 2020.
What is the total amount of funding CCAP has raised to date?
CCAP has raised a total of $4M in funding to date.
How many funding rounds has CCAP completed?
CCAP has completed 2 funding rounds.
How much funding did CCAP raise in its most recent funding round?
CCAP raised $3M in its most recent funding round.
Who are the lead investors in CCAP's latest funding round?
The lead investor in CCAP's latest funding round was American Rescue Plan. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in CCAP's history?
The largest funding round in CCAP's history was $3M.
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