How Much Did Mable Raise?
Funding & Key Investors

Mable has successfully secured a significant capital injection, bringing its total funding to $2.3M. This latest financing round, which contributed $2.3M to the company's balance sheet, underscores the growing market confidence in digital platforms designed to disrupt traditional care models. By facilitating direct connections between support workers and those in need, Mable is positioning itself as a critical infrastructure player within the Australian social services landscape.

The recent strategic investment marks a pivotal moment for the organization, providing the necessary liquidity to scale operations and enhance its proprietary matching technology. As the company transitions into a more mature phase of its lifecycle, this influx of capital serves as a testament to its operational resilience and its commitment to fostering greater autonomy for individuals requiring specialized assistance.

What is Mable?

Mable
Healthcare ServicesElderly Care ServicesBusiness Services

Mable operates a sophisticated online marketplace that empowers individuals with disabilities and older Australians to exercise greater agency over their care arrangements. By bypassing traditional agency intermediaries, the platform enables users to select support workers based on shared interests, specific skill sets, and personal compatibility. This decentralized approach to care delivery not only improves the quality of life for participants but also optimizes the labor market for support professionals. Mable's market position is defined by its dual-sided network effect, where the platform's value proposition grows in tandem with the increasing number of verified workers and active users, effectively creating a more inclusive and responsive ecosystem for the Australian community.

How much funding has Mable raised?

Mable has raised a total of $2.3M across 1 funding round:

2016

Series B

$2.3M

Series B (2016): $2.3M with participation from Ellerston Ventures

Key Investors in Mable

Ellerston Ventures

Ellerston Capital is a prominent Australian investment management firm that specializes in equity and alternative investment strategies, providing institutional-grade backing to high-growth enterprises.

What's next for Mable?

With the recent infusion of capital, Mable is well-positioned to accelerate its expansion strategy and deepen its technological moat. Future growth initiatives will likely focus on enhancing the platform's algorithmic matching capabilities to further reduce friction in the care-seeking process. Furthermore, the company is expected to invest in robust compliance and safety frameworks to maintain its reputation as a trusted intermediary in a highly regulated sector. As Mable continues to scale, the focus will shift toward long-term sustainability and the potential for geographic or service-line diversification, ensuring that the platform remains the premier choice for personalized care coordination in Australia.

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Frequently Asked Questions Regarding Mable Financial Insights

What are the most recent funding rounds that Mable has completed, and what were the funding rounds?
Mable has recently completed 1 funding rounds: Series B on Oct 23, 2016.
What is the total amount of funding Mable has raised to date?
Mable has raised a total of $2.3M in funding to date.
How many funding rounds has Mable completed?
Mable has completed 1 funding rounds.
How much funding did Mable raise in its most recent funding round?
Mable raised $2.3M in its most recent funding round.
Who are the lead investors in Mable's latest funding round?
The lead investor in Mable's latest funding round was Ellerston Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Mable's history?
The largest funding round in Mable's history was $2.3M.
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