How Much Did Ability Works Rehab Services Raise?
Funding & Key Investors

Ability Works Rehab Services has secured $1.1M in total capital, with a recent strategic investment of $768K. This significant enterprise-level funding underscores the company's established presence and strategic growth initiatives within its sector. The latest financing round, which closed on February 6, 2021, follows a prior debt financing event on April 16, 2020.

What is Ability Works Rehab Services?

Ability Works Rehab Services
RetailOffice Products Retail & DistributionBusiness Services

Ability Works Rehab Services operates within the business solutions sector, focusing on providing sales and service for multifunction printers (MFPs) from leading brands such as Xerox and Lexmark. The company offers a comprehensive suite of products, including printer-related applications and essential repair services. Their primary client base consists of businesses requiring robust printing solutions and ongoing support. Headquartered in Salt Lake City, Utah, Ability Works Rehab Services prioritizes customer service during standard business hours, aiming to be a reliable partner for organizational printing needs.

How much funding has Ability Works Rehab Services raised?

Ability Works Rehab Services has raised a total of $1.1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$768K

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

Debt (2021): $768K led by PPP

Key Investors in Ability Works Rehab Services

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Ability Works Rehab Services?

The substantial enterprise-level capital infusion, particularly the recent strategic investment, positions Ability Works Rehab Services for significant expansion and operational enhancement. This backing suggests a focus on scaling its service offerings, potentially expanding its market reach, and investing in advanced printing technologies or support infrastructure. The company's trajectory indicates a move towards solidifying its market position and leveraging its established customer service ethos to capture greater market share in the competitive business solutions landscape.

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Frequently Asked Questions Regarding Ability Works Rehab Services Financial Insights

What are the most recent funding rounds that Ability Works Rehab Services has completed, and what were the funding rounds?
Ability Works Rehab Services has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 16, 2020.
What is the total amount of funding Ability Works Rehab Services has raised to date?
Ability Works Rehab Services has raised a total of $1.1M in funding to date.
How many funding rounds has Ability Works Rehab Services completed?
Ability Works Rehab Services has completed 2 funding rounds.
How much funding did Ability Works Rehab Services raise in its most recent funding round?
Ability Works Rehab Services raised $768K in its most recent funding round.
Who are the lead investors in Ability Works Rehab Services's latest funding round?
The lead investor in Ability Works Rehab Services'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 Ability Works Rehab Services's history?
The largest funding round in Ability Works Rehab Services's history was $768K.
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