What is Able?
Able operates at the intersection of HR-tech and process automation, specifically targeting the friction points that impede new hire productivity. By streamlining complex onboarding workflows, the platform enables organizations to accelerate time-to-productivity by up to 90% while simultaneously reducing administrative overhead by half. The company's core value proposition centers on enhancing the candidate experience and ensuring seamless integration for new employees from day one. In an increasingly competitive talent market, Able provides the digital infrastructure necessary for firms to maintain operational agility and high-quality human capital management.
How much funding has Able raised?
Able has raised a total of $11.5M across 3 funding rounds:
Angel/Seed
$1M
Series A
$3.5M
Series B
$7M
Angel/Seed (2017): $1M with participation from JumpStart Inc. and North Coast Angel Fund
Series A (2019): $3.5M led by Ohio Innovation Fund, North Coast Angel Fund, Rev1 Ventures' Companies, and JumpStart
Series B (2020): $7M supported by JumpStart, North Coast Angel Fund, Rev1 Ventures' Companies, Ohio Innovation Fund, and Plymouth Growth Partners
Key Investors in Able
JumpStart
A non-profit venture development organization focused on accelerating the growth of early-stage technology companies through capital and strategic support.
North Coast Angel Fund
A prominent angel investment group providing early-stage capital and mentorship to high-growth startups in the Midwest region.
Plymouth Growth Partners
A growth-stage private equity firm that partners with technology-enabled companies to drive expansion and operational excellence.
What's next for Able?
With the infusion of $7M, Able is well-positioned to scale its enterprise-grade onboarding platform and expand its market reach. The strategic roadmap likely involves deepening its integration capabilities with existing human capital management systems and enhancing its automated workflow engine to accommodate global hiring complexities. As the company transitions into this next phase of growth, the focus will remain on maintaining its competitive edge in onboarding efficiency and expanding its footprint among large-scale enterprises seeking to optimize their talent acquisition and retention strategies.
See full Able company page
