How Much Did Able Shred Raise?
Funding & Key Investors

Able Shred has secured $27K in recent financing, contributing to a total funding amount of $27K. This substantial expansion capital injection signals a significant growth phase for the company, likely aligning with its Series B/C stage of development. The company's strategic financial maneuvers underscore its commitment to scaling operations and enhancing its service offerings in the competitive document destruction market.

What is Able Shred?

Able Shred
Energy, Utilities & WasteWaste Treatment, Environmental Services & RecyclingBusiness Services

Able Shred is a specialized provider of comprehensive commercial and residential shredding services, established in 2004. The company distinguishes itself through its flexible, contract-free shredding programs, offering both on-site and off-site shredding, incineration, and computer recycling. Known for competitive pricing and a strong emphasis on safety and professionalism, Able Shred facilitates efficient document destruction and recycling for its clients, providing scheduled pickups and secure totes and consoles to meet diverse needs.

How much funding has Able Shred raised?

Able Shred has raised a total of $27K across 1 funding round:

2021

Debt

$27K

Debt (2021): $27K with participation from PPP

Key Investors in Able Shred

PPP

Public-Private Partnership

What's next for Able Shred?

With the recent influx of substantial expansion capital, Able Shred is poised for significant operational scaling and market penetration. This strategic investment is expected to fuel enhancements in service delivery, potentially expanding geographic reach and upgrading technological capabilities for secure document destruction and recycling. The company's focus on contract-free programs and competitive pricing, combined with this new financing, positions it to capture a larger market share and solidify its reputation as a leader in the industry.

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Frequently Asked Questions Regarding Able Shred Financial Insights

What are the most recent funding rounds that Able Shred has completed, and what were the funding rounds?
Able Shred has recently completed 1 funding rounds: Debt on Mar 20, 2021.
What is the total amount of funding Able Shred has raised to date?
Able Shred has raised a total of $27K in funding to date.
How many funding rounds has Able Shred completed?
Able Shred has completed 1 funding rounds.
How much funding did Able Shred raise in its most recent funding round?
Able Shred raised $27K in its most recent funding round.
Who are the lead investors in Able Shred's latest funding round?
The lead investor in Able Shred'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 Shred's history?
The largest funding round in Able Shred's history was $27K.
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