How Much Did NPower Raise?
Funding & Key Investors

NPower has secured $4M in total capital, with its most recent financing round bringing in $2M through a major strategic investment. This latest backing underscores the company's significant traction and its pivotal role in the technology skills training sector.

What is NPower?

NPower
EducationTraining

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:

2020

Debt

$2M

2021

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.

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Frequently Asked Questions Regarding NPower Financial Insights

What are the most recent funding rounds that NPower has completed, and what were the funding rounds?
NPower has recently completed 2 funding rounds: Debt on Jan 21, 2021, Debt on Apr 6, 2020.
What is the total amount of funding NPower has raised to date?
NPower has raised a total of $4M in funding to date.
How many funding rounds has NPower completed?
NPower has completed 2 funding rounds.
How much funding did NPower raise in its most recent funding round?
NPower raised $2M in its most recent funding round.
Who are the lead investors in NPower's latest funding round?
The lead investor in NPower'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 NPower's history?
The largest funding round in NPower's history was $2M.
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