How Much Did Able Card Raise?
Funding & Key Investors

Able Card, a prominent player in the specialized manufacturing sector, has successfully secured a major strategic investment to bolster its operational capacity. This latest infusion of capital, totaling $513K, underscores the company's sustained growth trajectory within the high-precision card production market. With a cumulative financial backing of $863K, the firm continues to solidify its infrastructure and market presence, leveraging these resources to maintain its competitive edge in the production of ANSI/ISO grade plastic cards.

What is Able Card?

Able Card
ManufacturingPlastic, Packaging & Containers

Founded in 1989 and headquartered in Azusa, Southern California, Able Card has established itself as a premier manufacturer dedicated exclusively to the production of plastic cards. By focusing 100% of its operational efforts on this niche, the company produces nearly 100 million units annually, adhering to the rigorous ISO 7810-7816 specifications. This commitment to quality ensures that their products, ranging from blank cards to sophisticated mag stripe and printed variants, meet the stringent requirements of modern barcode and ID reader equipment. The company's market position is defined by its specialized expertise, high-volume output, and a dedicated workforce of 80 professionals, making it a critical supplier in the identity and access management supply chain.

Keywords: plastic card manufacturing, ISO 7810-7816 standards, industrial card production, enterprise manufacturing, card technology, supply chain stability, Southern California manufacturing.

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

What's next for Able Card?

The recent strategic investment positions Able Card to further optimize its manufacturing processes and expand its footprint in the industrial card sector. Given the company's long-standing history and focus on high-quality, equipment-compatible card production, this capital will likely be directed toward technological upgrades and capacity scaling to meet increasing demand for secure, durable identification and access media. As the industry shifts toward more complex, integrated card technologies, Able Card is well-positioned to leverage its established reputation and technical proficiency to capture additional market share. Future growth will likely center on maintaining its rigorous quality standards while scaling production to support larger enterprise-level clients who require reliable, high-performance card solutions for their internal systems.

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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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