How Much Did Able Raise?
Funding & Key Investors

Able has secured significant capital, with its total funding reaching $150K following a recent major strategic investment of $150K. This latest round of financing underscores the company's established market presence and its trajectory within the competitive staffing solutions sector. The company's financial activities indicate a phase of substantial growth and strategic expansion, positioning it for further development in its operational scope.

What is Able?

Able
Business ServicesHuman Resources Management Systems (HRMS)

Able Staffing specializes in providing a comprehensive suite of staffing solutions, encompassing recruiting and placement for temporary, temp-to-perm, and direct hire positions. The company serves diverse sectors, including nursing, transportation, industrial manufacturing, and clerical roles. Beyond core placement services, Able Staffing offers essential support functions such as payrolling, employee benefits administration, and pre-employment screening, aiming to address the multifaceted needs of both employers and job seekers. By integrating advanced technology with a personalized approach, Able Staffing strives to optimize the connection between qualified candidates and suitable job opportunities, tailoring its offerings to precise business requirements without escalating costs.

How much funding has Able raised?

Able has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Able

PPP

Public-Private Partnership

What's next for Able?

The recent large-scale, late-stage funding, characterized as a major strategic investment, signals Able's readiness for accelerated growth and market consolidation. This infusion of capital is likely to be directed towards enhancing technological infrastructure, expanding service offerings into new verticals or geographies, and potentially pursuing strategic acquisitions. The company's focus on operational efficiency and client-centric solutions, combined with this significant financial backing, positions Able to further solidify its competitive advantage and capture a larger share of the staffing market. Future developments may include scaling its recruitment capabilities and broadening its service portfolio to meet evolving industry demands.

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Frequently Asked Questions Regarding Able Financial Insights

What are the most recent funding rounds that Able has completed, and what were the funding rounds?
Able has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Able has raised to date?
Able has raised a total of $150K in funding to date.
How many funding rounds has Able completed?
Able has completed 1 funding rounds.
How much funding did Able raise in its most recent funding round?
Able raised $150K in its most recent funding round.
Who are the lead investors in Able's latest funding round?
The lead investor in Able'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's history?
The largest funding round in Able's history was $150K.
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