How Much Did ABAL Technologies Raise?
Funding & Key Investors

ABAL Technologies has secured $1.3M in total capital, with its most recent financing round bringing in $991K through a major strategic investment. This significant backing underscores the company's established presence and growth trajectory in the enterprise technology sector.

What is ABAL Technologies?

ABAL Technologies
Business ServicesSoftware TestingHuman Resources Management Systems (HRMS)

ABAL Technologies is a comprehensive IT development and consulting firm headquartered in New Jersey. The company excels in delivering innovative IT solutions and staffing services, focusing on bespoke technology implementations that align with diverse business models. By ensuring access to highly skilled IT professionals, AbalTech addresses the critical need for specialized talent across various industries. Their core competency lies in identifying and supplying hard-to-find skill sets, positioning them as a premier partner for organizations aiming to elevate their technological capabilities and operational efficiency.

How much funding has ABAL Technologies raised?

ABAL Technologies has raised a total of $1.3M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$991K

Debt (2020): $350K with participation from PPP

Debt (2021): $991K led by PPP

What's next for ABAL Technologies?

The recent major strategic investment into ABAL Technologies signals a pivotal moment for the company, likely enabling accelerated expansion of its service offerings and market reach. This enterprise-level financing suggests a focus on scaling operations, enhancing research and development for cutting-edge IT solutions, and potentially broadening its client base within the enterprise sector. ABAL Technologies is poised to leverage this capital to further solidify its position as a leader in IT consulting and staffing, driving innovation and delivering advanced technological solutions to its clientele.

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Frequently Asked Questions Regarding ABAL Technologies Financial Insights

What are the most recent funding rounds that ABAL Technologies has completed, and what were the funding rounds?
ABAL Technologies has recently completed 2 funding rounds: Debt on Feb 20, 2021, Debt on Apr 14, 2020.
What is the total amount of funding ABAL Technologies has raised to date?
ABAL Technologies has raised a total of $1.3M in funding to date.
How many funding rounds has ABAL Technologies completed?
ABAL Technologies has completed 2 funding rounds.
How much funding did ABAL Technologies raise in its most recent funding round?
ABAL Technologies raised $991K in its most recent funding round.
Who are the lead investors in ABAL Technologies's latest funding round?
The lead investor in ABAL Technologies'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 ABAL Technologies's history?
The largest funding round in ABAL Technologies's history was $991K.
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