What is NPower?
Founded in 2000 and headquartered in Brooklyn, New York, NPower is a non-profit organization dedicated to empowering individuals from underserved communities. The company offers comprehensive technology skills training programs specifically designed for military veterans and active members, women, minorities, and young adults. By bridging the digital divide, NPower equips these populations with the in-demand technical expertise necessary to secure meaningful employment in the technology industry, fostering economic mobility and opportunity.
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 in NPower signals a robust commitment to its mission and operational expansion. This capital infusion is likely to fuel the enhancement of its technology skills training programs, potentially broadening its reach to more underserved communities and veterans. Future initiatives may include scaling its mentorship programs, developing new curriculum aligned with emerging tech trends, and forging stronger partnerships with corporations for job placement, thereby solidifying its role as a critical resource for workforce development in the technology sector.
See full NPower company page