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Venture Capital News: Able Pulls In $3.29 Seed Funding Round

2021-10-28
SAN JOSE, CA, Able, the first income management platform designed for the new economy of independent workers has raised $3.29 million in seed funding.
The round was led by Elefund with additional backing from Moonshots Capital, Next Coast Ventures, Signal Peak Ventures, and U.K. based LocalGlobe. The funding will help launch Able into the estimated $100 billion creator economy total market.

A number of other investors comprised of seasoned entrepreneurs and content creators also participated, including founding COO of Robinhood Nathan Rodland, YouTube co-founder and former CEO Chad Hurley, Twitch co-founder and former COO Kevin Lin, YouTube superstars Evan Fong (VanossGaming), Phil DeFranco, Casey Neistat, Arif Lopez (Azzerz), plus TikTok sensation Kris Collins (Kallmekris). Combined, the group of 30+ creator investors have more than 200 million followers.

Able is the first income management platform built for the creator economy and independent workers of all kinds. Our sole purpose is to build the most effective tools to empower the creative and freelance workforce to better manage their finances, and we are committed to building elegant and simple tools that solve complex problems. The company is based in San Jose and has an office in LA.
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