What is Grable Services?
Grable Services, founded in 2012, is a disabled veteran-owned business specializing in comprehensive software solutions for enterprise asset management. The company's core offerings revolve around IBM Maximo services and cloud solutions, designed to enhance efficiency in asset lifecycle and inventory management. Grable Services provides a suite of products including managed solutions, mobile data collection tools, and custom software development, alongside crucial training, integration, and consulting services. Their expertise targets enterprises seeking robust asset management capabilities.
How much funding has Grable Services raised?
Grable Services has raised a total of $608K across 2 funding rounds:
Debt
$108K
Debt
$500K
Debt (2021): $108K with participation from PPP
Debt (2025): $500K led by Centrust Bank
Key Investors in Grable Services
PPP
Public-Private Partnership
Centrust Bank
Centrust Bank is a financial institution that provides debt financing, likely supporting Grable Services' operational and growth initiatives through strategic lending.
What's next for Grable Services?
The recent major strategic investment signals a pivotal phase for Grable Services, likely enabling the company to scale its operations, enhance its software solutions, and broaden its market reach. This capital infusion is expected to support innovation in their IBM Maximo and cloud-based offerings, potentially leading to new product development or acquisitions. As a company with over a decade of experience, this financing positions Grable Services for accelerated growth and increased competitive advantage in the enterprise asset management software landscape.
See full Grable Services company page
