What is Able Card?
Established in 1989 and headquartered in Azusa, Southern California, Able Card has carved a niche as the nation's premiere manufacturer of plastic cards. The company specializes in producing nearly 100 million plastic cards annually, adhering to stringent ANSI/ISO grade specifications (ISO 7810-7816). With a dedicated team of 80 employees, Able Card focuses exclusively on plastic card production, leveraging materials chosen for optimal quality and performance in equipment such as barcode readers, mag stripe readers, and ID printers. Their commitment to price, quality, and service positions them as experts in manufacturing blank, printed, and mag stripe cards.
How much funding has Able Card raised?
Able Card has raised a total of $863K across 2 funding rounds:
Debt
$350K
Debt
$513K
Debt (2020): $350K with participation from PPP
Debt (2021): $513K led by PPP
What's next for Able Card?
The recent major strategic investment in Able Card signals a pivotal moment for the company, likely enabling further expansion of its manufacturing capabilities and market reach. This capital infusion, following substantial prior financing, suggests a strategic focus on scaling operations and potentially developing new product lines or enhancing existing ones to meet evolving industry demands. The company's deep expertise in plastic card production positions it for continued leadership and innovation within its specialized market.
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