How Much Did NEWCAP Raise?
Funding & Key Investors

NEWCAP has secured $1.2M in total capital, with its most recent financing round bringing in $827K in a major strategic investment. This significant backing underscores the organization's critical role in community development and poverty alleviation.

What is NEWCAP?

NEWCAP
OrganizationsNon-Profit & Charitable Organizations

NEWCAP Inc. is a long-standing organization with over 50 years of experience dedicated to empowering individuals to overcome poverty and achieve economic security. The company provides a comprehensive suite of services, including crisis assistance, stability programs, and community health services, all aimed at fostering hope, inclusion, and social justice. Their work directly supports diverse communities, offering tailored resources to those in need and striving for a world where poverty is eradicated and every individual can live with dignity.

How much funding has NEWCAP raised?

NEWCAP has raised a total of $1.2M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$827K

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

Debt (2021): $827K led by PPP

What's next for NEWCAP?

The recent major strategic investment signals a pivotal moment for NEWCAP, likely enabling an expansion of its crisis assistance and stability programs. This capital infusion is expected to bolster community health services and further the organization's vision of social justice and economic empowerment. With this substantial backing, NEWCAP is poised to deepen its impact and reach more individuals and families seeking a pathway out of poverty.

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Frequently Asked Questions Regarding NEWCAP Financial Insights

What are the most recent funding rounds that NEWCAP has completed, and what were the funding rounds?
NEWCAP has recently completed 2 funding rounds: Debt on Mar 16, 2021, Debt on Apr 30, 2020.
What is the total amount of funding NEWCAP has raised to date?
NEWCAP has raised a total of $1.2M in funding to date.
How many funding rounds has NEWCAP completed?
NEWCAP has completed 2 funding rounds.
How much funding did NEWCAP raise in its most recent funding round?
NEWCAP raised $827K in its most recent funding round.
Who are the lead investors in NEWCAP's latest funding round?
The lead investor in NEWCAP'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 NEWCAP's history?
The largest funding round in NEWCAP's history was $827K.
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