How Much Did Able Supply Raise?
Funding & Key Investors

Able Supply, a prominent player in the industrial materials sector, has successfully secured a significant capital injection to bolster its market presence. With a total historical backing of $95K, the firm recently finalized a round totaling $95K. This substantial expansion capital underscores the company's trajectory as it scales its manufacturing capabilities within the competitive refractory landscape.

What is Able Supply?

Able Supply
ManufacturingGlass & ClayBuilding Materials

Headquartered in Houston, Texas, Able Supply Company operates as a specialized manufacturer and supplier of high-performance refractory materials. The firm maintains a robust product portfolio that includes dense castables, insulating castables, ceramic fiber blankets, and specialized refractory mixes. By catering to heavy industrial applications that require extreme thermal resistance, the company has established itself as a critical link in the supply chain for energy, petrochemical, and manufacturing sectors. Their commitment to material innovation and quality control positions them as a reliable partner for clients navigating complex industrial environments.

How much funding has Able Supply raised?

Able Supply has raised a total of $95K across 1 funding round:

2021

Debt

$95K

Debt (2021): $95K with participation from PPP

Key Investors in Able Supply

PPP

Public-Private Partnership

What's next for Able Supply?

The infusion of $95K serves as a strategic catalyst for Able Supply as it transitions into a more mature operational phase. With the company currently positioned in a significant Series B/C stage, the focus is expected to shift toward scaling production capacity and optimizing distribution logistics to meet rising demand. Future growth initiatives will likely involve enhancing R&D efforts to develop next-generation refractory solutions that offer superior thermal efficiency. By leveraging this financing, Able Supply is well-positioned to capture additional market share and solidify its reputation as a leader in industrial material supply, ensuring long-term sustainability and operational excellence in a capital-intensive industry.

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Frequently Asked Questions Regarding Able Supply Financial Insights

What are the most recent funding rounds that Able Supply has completed, and what were the funding rounds?
Able Supply has recently completed 1 funding rounds: Debt on Jan 21, 2021.
What is the total amount of funding Able Supply has raised to date?
Able Supply has raised a total of $95K in funding to date.
How many funding rounds has Able Supply completed?
Able Supply has completed 1 funding rounds.
How much funding did Able Supply raise in its most recent funding round?
Able Supply raised $95K in its most recent funding round.
Who are the lead investors in Able Supply's latest funding round?
The lead investor in Able Supply'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 Supply's history?
The largest funding round in Able Supply's history was $95K.
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