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- Alpaca
Alpaca Revenue, Valuation, Funding & Investors
Alpaca is valued at $1.1B as of February 2026, a 11.5x multiple on its last reported $100M revenue.
Last Alpaca valuation
$1.1B
Seed · Feb 2026
Last Alpaca funding round
$1M
Seed · Feb 2026
Alpaca revenue
$100M
Seed · Feb 2026
Key investors in Alpaca
Invest Nebraska
Nelnet
Workshop Venture Partners
MOVE Venture Capital
Lozier Foundation
About Alpaca
Alpaca is a subscription service delivering monthly classroom supply packs to teachers in the United States. Each pack contains organizational tools, student incentives, decor items, and hygiene essentials, structured to benefit every teacher in participating schools. The model doubles product value with $2 of goods per $1 subscription fee, supporting K-12 educators with curated, high-demand materials shipped nationwide.
Founded
2022
HQ
Website
Status
Privately held
Customer focus
B2C
Revenue model
Subscription
Revenue
$100M (Feb 2026)
Valuation
$1.1B (Feb 2026)
Alpaca Valuation
Alpaca is currently valued at $1.1B, based on its seed round in February 2026.
Alpaca valuation by funding round
| Date | Stage | Valuation | Revenue Multiple |
|---|---|---|---|
| Feb 2026 | Seed | $1.1B | 11.5x |
Alpaca Revenue
Alpaca's latest recorded revenue is $100M, as of its seed round in February 2026. At a $1.1B valuation, that implies a 11.5x revenue multiple.
Alpaca revenue by funding round
| Date | Revenue * | Valuation | Revenue Multiple | Stage |
|---|---|---|---|---|
| Feb 2026 | $100M | $1.1B | 11.5x | Seed |
* Revenue (or ARR) figures are the values recorded alongside each funding round. Typically run-rate revenue at the time of the deal, or a reported LTM (last 12 months) revenue.
Alpaca Funding History
Alpaca has raised a total of $4M across 3 funding rounds.
Alpaca's first fundraising round was a $1M seed round in March 2022. The most recent completed round was a $1M seed round in February 2026.
Alpaca funding rounds
| Date | Stage | Investors | Raised | Valuation | Deal Summary |
|---|---|---|---|---|---|
| Feb 2026 | Seed | - | $1M | $1.1B | - |
| Apr 2025 | Seed | Invest Nebraska (lead); Nelnet (lead); Lozier Foundation; Workshop Venture Partners; MOVE Venture Capital | $2M | - | Alpaca closed a $1.8 million seed funding round in early 2025 led by Nelnet and Invest Nebraska, with participation from Workshop Ventures, the Lozier Foundation, and MOVE Venture Capital. The company previously shipped its 40,000th care pack as of May 2024, indicating a school-focused product serving the education sector by making schools happier places to work. Alpaca later closed a $150 million Series D in January 2026 at a $1.15 billion post-money valuation led by Drive Capital. |
| Mar 2022 | Seed | Invest Nebraska (lead) | $1M | - | - |
Who has invested in Alpaca?
5 investors have backed Alpaca across its funding rounds, including Invest Nebraska, Nelnet, Workshop Venture Partners, MOVE Venture Capital and Lozier Foundation.
Lead investors include Invest Nebraska and Nelnet.
Alpaca Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 2 | Lead | Mar 2022 | ||
| 1 | Lead | Apr 2025 | ||
| 1 | Participant | Apr 2025 | ||
This data is available for Pro users. Sign up to see all 5 Alpaca investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialAlpaca Competitors
Alpaca competitors include listed companies like Ziff Davis and Eagle Eye, and private ones like LifeMiles, CoinBridge, Boost and ShopBack.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Private | - | - | $1.1B | - | ||
| Private | - | - | $1B | - | ||
| Private | - | - | $1.5B | - | ||
| Private | - | - | $900M | - | ||
| Publicly listed | $1.5B | $335M | $2B | 1.0x | ||
| Publicly listed | $65M | $15M | $190M | 2.6x |
Alpaca Public Comps
Alpaca is still privately-owned, but its public comps include Universal Technical Institute, Afya, Emirates Mobility Company, HUMANSOFT Holding, QuinStreet, AcadeMedia, Ibotta, Phoenix Education, Coursera and Cogna Educação.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $836M | $141M | 1.6x | 1.5x | 9.5x | 13.1x | |||
| $719M | $289M | 2.3x | 2.2x | 5.6x | 5.0x | |||
| $210M | $116M | 4.2x | 4.2x | 7.6x | 8.6x | |||
| $252M | $134M | 3.4x | 3.5x | 6.4x | 7.4x | |||
| $1.3B | $61M | 0.7x | 0.7x | 15.8x | 7.9x | |||
| $2B | $444M | 1.2x | 1.1x | 5.5x | 5.3x | |||
| $342M | $7M | 2.5x | 2.4x | 114.9x | 15.3x | |||
| $1B | $194M | 0.8x | 0.8x | 4.1x | 3.2x | |||
This data is available for Pro users. Sign up to see all Alpaca competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Alpaca
| When was Alpaca founded? | Alpaca was founded in 2022. |
| Where is Alpaca headquartered? | Alpaca is headquartered in Omaha, NE, United States. |
| Is Alpaca publicly listed? | No, Alpaca is a private, VC-backed company. |
| What is Alpaca's valuation? | Alpaca was last valued at $1.1B in its seed round in February 2026. |
| How much funding has Alpaca raised? | Alpaca has raised $4M across 3 funding rounds. |
| What was Alpaca's last funding round? | Alpaca's last funding round was a $1M seed round in February 2026. |
| Who are Alpaca's investors? | Alpaca's investors include Invest Nebraska, Nelnet, Lozier Foundation, Workshop Venture Partners and MOVE Venture Capital. |
| What is Alpaca's revenue? | Alpaca's latest recorded revenue is $100M (February 2026). |
| What is Alpaca's revenue multiple? | Alpaca's latest valuation implies a 11.5x revenue multiple ($1.1B valuation on $100M of revenue). |
| Which companies are comparable to Alpaca? | Companies comparable to Alpaca include LifeMiles, CoinBridge, Boost, ShopBack, Ziff Davis and Eagle Eye. |
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