How Much Did Able Card Raise?
Funding & Key Investors

Able Card, a prominent manufacturer of ANSI/ISO grade plastic cards, has secured $863K in total capital, with a recent strategic investment of $513K announced on March 31, 2021. This significant financing underscores the company's established position in the market and its ongoing growth trajectory.

What is Able Card?

Able Card
ManufacturingPlastic, Packaging & Containers

Established in 1989 and headquartered in Azusa, Southern California, Able Card is recognized as the nation's premiere manufacturer of high-quality plastic cards. The company produces approximately 100 million plastic cards annually, adhering strictly to ISO 7810-7816 specifications. With a dedicated team of 80 employees, Able Card specializes exclusively in card manufacturing, leveraging materials chosen for optimal product quality. Their expertise spans blank cards, printed cards, and magnetic stripe cards, positioning them as a focused leader in the industry.

How much funding has Able Card raised?

Able Card has raised a total of $863K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$513K

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

Debt (2021): $513K led by PPP

Key Investors in Able Card

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Able Card?

The recent major strategic investment indicates a phase of scaling and potential expansion for Able Card. This capital infusion is likely to support enhancements in manufacturing capacity, technological upgrades, or market penetration efforts. As a specialist in plastic card production, the company is well-positioned to capitalize on evolving industry demands for secure and durable identification and transaction cards.

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Frequently Asked Questions Regarding Able Card Financial Insights

What are the most recent funding rounds that Able Card has completed, and what were the funding rounds?
Able Card has recently completed 2 funding rounds: Debt on Mar 31, 2021, Debt on Apr 28, 2020.
What is the total amount of funding Able Card has raised to date?
Able Card has raised a total of $863K in funding to date.
How many funding rounds has Able Card completed?
Able Card has completed 2 funding rounds.
How much funding did Able Card raise in its most recent funding round?
Able Card raised $513K in its most recent funding round.
Who are the lead investors in Able Card's latest funding round?
The lead investor in Able Card'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 Able Card's history?
The largest funding round in Able Card's history was $513K.
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