How Much Did Mable Raise?
Funding & Key Investors

Mable, a transformative wholesale platform, has successfully secured significant capital to accelerate its market expansion. With a total funding amount reaching $11.6M, the company continues to solidify its position within the competitive B2B commerce landscape. The most recent strategic investment of $8.5M underscores investor confidence in Mable's ability to streamline the complex procurement processes between retailers, brands, and distributors.

This latest injection of financing follows a disciplined growth trajectory, beginning with its initial seed round in 2019 and culminating in a robust Series A round in late 2020. By leveraging this capital, Mable is well-positioned to enhance its digital infrastructure and broaden its reach across the wholesale ecosystem.

What is Mable?

Mable
RetailHome Improvement & Hardware RetailSoftware

Mable operates as a sophisticated wholesale marketplace designed to bridge the operational gaps between retailers and suppliers. By digitizing the procurement lifecycle, the platform enables seamless product discovery, order management, and supply chain coordination. In an era where B2B commerce is rapidly shifting toward digital-first models, Mable provides the necessary tools for independent retailers to compete with larger incumbents. The company's value proposition lies in its ability to reduce friction in the wholesale buying process, thereby increasing efficiency for both brands and distributors. As a key player in the vertical SaaS and commerce enablement space, Mable is effectively modernizing traditional wholesale distribution channels.

How much funding has Mable raised?

Mable has raised a total of $11.6M across 2 funding rounds:

2019

Angel/Seed

$3.1M

2020

Series A

$8.5M

Angel/Seed (2019): $3.1M with participation from Laurent Amouyal, Venrock, Accomplice, James McCann, and Founder Collective

Series A (2020): $8.5M led by Underscore VC, Venrock companies, Accomplice, and Founder Collective

Key Investors in Mable

Underscore VC

Underscore VC is a Boston-based venture capital firm that supports bold early-stage B2B software founders at the Pre-Seed and Seed stages, employing a collaborative, open-source investing model.

Venrock

Founded in 1969, Venrock is a historic venture capital firm headquartered in Palo Alto, known for its deep industry expertise and long track record of backing high-growth technology and healthcare ventures.

Accomplice

Accomplice is a Massachusetts-based venture capital firm that invests in technology startup companies, providing strategic support to help founders scale their businesses effectively.

What's next for Mable?

Looking ahead, Mable is poised to leverage its recent capital infusion to scale its operations and deepen its product offerings. The strategic focus will likely center on expanding its network of retailers and brands, while simultaneously refining its platform features to support higher transaction volumes. Given the current enterprise-level funding context, the company is expected to prioritize market penetration and the development of advanced analytics tools that provide actionable insights for its user base. By maintaining its commitment to founder-aligned growth and capital efficiency, Mable is well-equipped to navigate the evolving demands of the wholesale industry and sustain its momentum as a leader in B2B commerce innovation.

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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 2 funding rounds: Series A on Dec 9, 2020, Angel/Seed on Oct 15, 2019.
What is the total amount of funding Mable has raised to date?
Mable has raised a total of $11.6M in funding to date.
How many funding rounds has Mable completed?
Mable has completed 2 funding rounds.
How much funding did Mable raise in its most recent funding round?
Mable raised $8.5M 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 Underscore VC. 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 $8.5M.
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