How Much Did ABAL Technologies Raise?
Funding & Key Investors

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

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. AbalTech is recognized for its ability to identify and supply highly specialized IT professionals, particularly those difficult-to-find skill sets across various industries. Their dedication to client success and fostering employee innovation solidifies their position as a premier partner for organizations aiming to elevate their technological capabilities.

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

Key Investors in ABAL Technologies

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for ABAL Technologies?

The substantial enterprise-level funding ABAL Technologies has attracted, particularly the recent strategic investment, signals a phase of accelerated scaling and market expansion. This capital infusion is likely to fuel further development of their innovative IT solutions and enhance their capacity to supply specialized IT talent. The company is poised to deepen its market penetration and potentially explore new technological frontiers, leveraging this financial momentum to solidify its leadership in the IT services sector.

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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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