What is Able?
Able operates at the intersection of HR technology and process automation, providing a robust platform designed to simplify and accelerate the onboarding of new hires. By addressing the friction points that typically delay productivity, Able enables organizations to reduce hiring costs by up to 50% while simultaneously increasing the speed of talent integration by 90%. The platform serves as a critical infrastructure layer for enterprises looking to optimize their candidate experience and ensure seamless transitions from offer acceptance to day-one readiness. Through its sophisticated workflow engine, Able eliminates manual administrative burdens, allowing HR teams to focus on strategic talent management rather than repetitive documentation tasks.
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 North Coast Angel Fund and JumpStart Inc.
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 Ohio Innovation Fund, Rev1 Ventures' Companies, JumpStart, North Coast Angel Fund, and Plymouth Growth Partners
Key Investors in Able
Ohio Innovation Fund
A venture capital firm focused on providing growth capital to high-potential technology companies within the Ohio region and beyond.
JumpStart
A non-profit venture development organization that provides capital and strategic support to early-stage and high-growth startups.
Plymouth Growth Partners
A growth equity firm that partners with mid-market software and technology-enabled service companies to drive operational excellence and scale.
What's next for Able?
With the infusion of $7M, Able is poised to enter a new phase of growth characterized by aggressive market penetration and feature expansion. The company's strategic focus will likely center on deepening its integration capabilities with existing enterprise resource planning and applicant tracking systems, thereby cementing its role as an indispensable tool in the HR tech stack. As the demand for remote and hybrid work solutions continues to evolve, Able's ability to digitize and automate the onboarding process provides a distinct competitive advantage. Investors are closely monitoring the company's ability to maintain its rapid growth trajectory while scaling its enterprise-grade security and compliance features to support larger, global client deployments.
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