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Able Device

Able Device
2010 FOUNDED
PRIVATE STATUS
1-10 EMPLOYEES
Angel LATEST DEAL TYPE
$380K LATEST DEAL AMOUNT
2 INVESTORS
Description

Developer of a SIM-based application engine designed to embed machine-to-machine (M2M) communication. The company's SIM-based application engine enables hosting of IoT device controls and applications on standard SIMs for mobile network operators (MNOs) and IoT service providers onto SIMs of MNOs and MVNOs, enabling them with standards based IoT device connectivity and network management tools.

Ownership Status
Privately Held (backing)
Financing Status
Accelerator/Incubator Backed
Primary Industry
Other Communications and Networking
Primary Office
8311 Brier Creek Parkway
Suite 105-386
Raleigh, NC 27617
United States

+1 (919) 000-0000
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Able Device Valuation and Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
3. Angel (individual) 14-Jul-2017 $380K 00000 Completed Generating Revenue
2. Angel (individual) 01-Sep-2015 0000 Completed Generating Revenue
1. Accelerator/Incubator 01-Nov-2012 $100K $50K Completed Startup
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Able Device Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds Board
Seat
Contact
Info
Groundwork Labs Accelerator/Incubator 000 0000 000000 0
The Startup Factory Accelerator/Incubator Minority 000 0000 000000 0

Able Device Executive Team (6)

Name Title Board
Seat
Contact
Info
Roger Dewey Chief Executive Officer & Co-Founder
Jeffrey Simpson Chief Financial Officer
Leigh Ryals Chief Operating Officer, Director & Co-Founder
Ian Johnson Co-Founder & Chief Technology Officer
Joe Jesson Chief Technology Officer & Technical Advisor
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Able Device Board Members (1)

Name Representing Role Since Contact
Info
Erik Hällström Self Independent, Non-Executive Director 000 0000
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