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Able

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Hiring workflow automation software for staffing companies and other high-volume employers

Cleveland, United StatesFounded 2014Legal
Valuation $25–50M Last recorded · 2020
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
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About Able

Able, formerly known as EmployStream, operates as a specialized software-as-a-service (SaaS) provider focused on automating the onboarding process for the staffing industry. The company was founded in 2014 by Rob Sable and originated from within a Cleveland-based staffing agency, giving its team firsthand insight into the complex challenges of managing high-volume employee onboarding. This experience shaped the development of its core product. One of the key figures in the company's growth was Gerald Hetrick, who served as CEO. Hetrick has a 25-year background as an entrepreneur, having co-founded and led two companies from their inception to a successful exit. His journey includes dropping out of university to take a full-time position at a technology reseller, where he advanced through the ranks and later became CTO and COO at subsequent technology firms before his tenure at Able.

The company's primary offering is a cloud-based, mobile-first onboarding automation platform designed to streamline and simplify the hiring process for staffing firms and other high-volume employers. The platform addresses critical touchpoints in the hiring cycle, such as qualifying, hiring, and engaging candidates. Its features include configurable workflows to manage job-specific requirements, a centralized portal for candidates to complete tasks, automated text and email reminders, and e-signature capabilities. This automation aims to significantly reduce the time and cost associated with hiring by eliminating manual data entry, ensuring compliance, and providing a seamless experience for candidates on any device. The business model is centered on providing this SaaS platform to clients, which include some of the largest staffing agencies in the world.

A significant milestone in the company's history occurred in August 2020 when EmployStream rebranded as Able, a move to emphasize its core mission of simplifying the processes that prevent candidates from starting a job. The company has achieved notable growth, securing a $7 million Series B funding round in February 2020 to expand product development and its market footprint. By 2020, its software had facilitated over a million onboardings for more than 160 customers. In January 2022, Able was acquired by Bullhorn, a major applicant tracking system provider and a longtime partner. This acquisition integrated Able's onboarding solutions directly into the Bullhorn platform, with Able's CEO, Gerald Hetrick, and CPO, Dustin Brewer, joining Bullhorn's leadership team to focus on the talent experience.

Source: Dealroom company data

At a glance

Founded
2014
Headquarters
Cleveland, United States
Sector
Legal

Investors

5 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Seed2 investors entered at this stage

  • JumpStart
  • North Coast Ventures

Series A3 investors entered at this stage

  • Rev1 Ventures
  • Ohio Innovation Fund
  • Straylight Capital
Team profiled 7 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

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