Tech Company Financing Transactions
NPower Funding Round
NPower closed a $1 million funding round on 12/6/2022. Investors included MetLife.
Transaction Overview
Company Name
Announced On
12/6/2022
Transaction Type
Debt
Amount
$1,000,000
Round
Undisclosed
Investors
MetLife (Tia Hodges)
Proceeds Purpose
The grant will fund NPower's virtual courses that provide critical tech skills training, mentoring, and apprenticeship opportunities for often overlooked populations.
Company Information
Company Status
Private & Independent
Industry
EdTech
Mailing Address
55 Washington St. 560
Brooklyn, NY 11201
USA
Brooklyn, NY 11201
USA
Phone
Website
Email Address
Overview
NPower creates pathways to economic prosperity by launching digital careers for military veterans and young adults from underserved communities. In today's economy, over 50% of all jobs require some degree of technology and digital skill. A recent Microsoft Data Science report estimates that digital job capacity--or the total number of new technology-oriented jobs--in the U.S. will grow to 13 million by 2025.
Management Team
Title
Name
Email & Social
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We do our best to report on tech company VC transactions. VC transactions reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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