How Much Did WorkAbilities Raise?
Funding & Key Investors

WorkAbilities has secured $835K in total capital, with its most recent funding round bringing in $485K in a major strategic investment. This significant backing underscores the company's established presence and its trajectory within its sector.

What is WorkAbilities?

WorkAbilities
Business ServicesHuman Resources Management Systems (HRMS)

WorkAbilities is a workforce solutions provider that employs over 200 individuals, offering a reliable and dependable labor force. The company distinguishes itself through competitive bidding, rigorous quality control, and a strong commitment to customer excellence, which has resulted in high customer retention rates. Their business model emphasizes low costs and quick turnaround times, contributing to their success. WorkAbilities also offers automated text message updates for weather-related closures, enhancing customer communication.

How much funding has WorkAbilities raised?

WorkAbilities has raised a total of $835K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$485K

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

Debt (2021): $485K led by PPP

Key Investors in WorkAbilities

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for WorkAbilities?

The recent major strategic investment indicates WorkAbilities is poised for significant scaling and operational expansion. This capital infusion will likely be directed towards enhancing service delivery, potentially expanding their workforce, and further solidifying their competitive edge in the market. The company's focus on quality and customer service, combined with this new financial backing, positions them for sustained growth and increased market share.

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Frequently Asked Questions Regarding WorkAbilities Financial Insights

What are the most recent funding rounds that WorkAbilities has completed, and what were the funding rounds?
WorkAbilities has recently completed 2 funding rounds: Debt on Feb 13, 2021, Debt on Apr 14, 2020.
What is the total amount of funding WorkAbilities has raised to date?
WorkAbilities has raised a total of $835K in funding to date.
How many funding rounds has WorkAbilities completed?
WorkAbilities has completed 2 funding rounds.
How much funding did WorkAbilities raise in its most recent funding round?
WorkAbilities raised $485K in its most recent funding round.
Who are the lead investors in WorkAbilities's latest funding round?
The lead investor in WorkAbilities'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 WorkAbilities's history?
The largest funding round in WorkAbilities's history was $485K.
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