How Much Did CCAP Raise?
Funding & Key Investors

CCAP, a prominent nonprofit agency in Rhode Island, has secured substantial enterprise-level capital, with its total funding reaching $4M. The organization recently closed a major strategic investment round, bringing in $3M in new financing. This significant backing underscores CCAP's critical role in providing a wide array of support services to individuals and families across the state.

What is CCAP?

CCAP
OrganizationsNon-Profit & Charitable OrganizationsHealthcare Services

CCAP Rhode Island stands as the largest nonprofit agency within the state, dedicated to offering comprehensive support services. Its extensive offerings include medical and dental care, behavioral health counseling, housing assistance, and job training programs, all aimed at empowering low-income residents towards self-sufficiency. With a legacy spanning over six decades, CCAP has consistently made a positive impact, assisting more than 40,000 individuals annually through its multifaceted approach to community support.

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

What's next for CCAP?

The recent infusion of major strategic investment signals a new phase of growth and enhanced service delivery for CCAP. This enterprise-level capital is poised to bolster its operational capacity, potentially expanding its reach and deepening its impact within Rhode Island's low-income communities. The focus will likely be on scaling existing programs, innovating new service models, and strengthening its infrastructure to meet the evolving needs of the population it serves. This significant backing positions CCAP to further solidify its standing as a vital resource for social services and community empowerment.

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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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