How Much Did Ables Raise?
Funding & Key Investors

Ables, a long-standing provider of HVAC and electrical services, has secured significant capital, with total funding reaching $350K. The company recently announced a $350K strategic investment, underscoring its robust market position and future growth potential. This latest financing round marks a pivotal moment for the Zanesville-based firm, signaling confidence from its backers in its established operational model and expansion strategies.

What is Ables?

Ables
ConstructionConstruction ManagementConsumer Services

Ables Inc. is a family-owned enterprise with a legacy dating back to 1967, specializing in comprehensive HVAC and electrical solutions for residential, commercial, and industrial clients across Zanesville, Cambridge, Newark, and surrounding regions. The company's service portfolio encompasses air conditioning and heating systems, electrical work, and emergency repair services, all aimed at ensuring year-round comfort and safety. Ables Inc. distinguishes itself through a commitment to safety, competitive pricing, and the adoption of environmentally conscious technologies, including geothermal heat pumps. Its enduring focus on service quality and customer satisfaction has cemented its reputation within the community.

How much funding has Ables raised?

Ables has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Ables?

The substantial backing, highlighted by the $350K strategic investment, positions Ables for significant expansion and operational enhancement. This capital infusion is expected to fuel advancements in service delivery, potentially enabling the company to broaden its geographic reach or invest in new technologies. Given its history of providing reliable HVAC and electrical services, this strategic financing will likely support Ables in scaling its operations, reinforcing its market leadership, and continuing its tradition of quality service to a growing client base.

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Frequently Asked Questions Regarding Ables Financial Insights

What are the most recent funding rounds that Ables has completed, and what were the funding rounds?
Ables has recently completed 1 funding rounds: Debt on Apr 8, 2020.
What is the total amount of funding Ables has raised to date?
Ables has raised a total of $350K in funding to date.
How many funding rounds has Ables completed?
Ables has completed 1 funding rounds.
How much funding did Ables raise in its most recent funding round?
Ables raised $350K in its most recent funding round.
Who are the lead investors in Ables's latest funding round?
The lead investor in Ables'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 Ables's history?
The largest funding round in Ables's history was $350K.
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