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, providing clients with tools for efficient asset lifecycle and inventory management. Their product suite includes managed solutions, mobile data collection, and custom software development, complemented by robust training, integration, and consulting services. With over a decade of industry experience, Grable Services caters to enterprises seeking to optimize their asset management operations.
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
Centrust Bank
Centrust Bank is a financial institution that likely provided debt financing, supporting Grable Services' operational growth and capital expenditure needs.
PPP
Public-Private Partnership
Undisclosed investor
An undisclosed investor participated in the funding round, contributing to the overall capital raised for Grable Services' strategic initiatives.
What's next for Grable Services?
The recent major strategic investment signals a pivotal growth phase for Grable Services. This capital infusion is expected to fuel advancements in their IBM Maximo and cloud-based enterprise asset management solutions, potentially expanding their market reach and enhancing their service delivery capabilities. The company is poised to leverage this backing to further solidify its standing as a key provider in the competitive asset management software landscape, likely focusing on scaling operations and deepening technological innovation.
See full Grable Services company page
