What is NPower?
Founded in 2000 and headquartered in Brooklyn, New York, NPower is a non-profit organization dedicated to empowering underserved communities through technology. The company offers specialized technology skills training programs tailored for military veterans and active members, women, minorities, and young adults. By bridging the digital divide, NPower aims to foster economic opportunity and career advancement for individuals facing systemic barriers to employment in the tech industry.
How much funding has NPower raised?
NPower has raised a total of $4M across 2 funding rounds:
Debt
$2M
Debt
$2M
Debt (2020): $2M with participation from PPP
Debt (2021): $2M led by PPP
Key Investors in NPower
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for NPower?
The recent major strategic investment signals a new phase of growth and expansion for NPower. This capital infusion is expected to bolster its program offerings, enhance its reach to a wider demographic of beneficiaries, and potentially scale its operational footprint. The company is poised to further solidify its position as a leader in workforce development, leveraging technology to drive social impact and economic mobility for its participants.
See full NPower company page