What is Alphasource?
Alphasource operates as a woman-owned, certified hub-zone and government contractor, specializing in industrial, maintenance, foreign material exclusion (FME), and drop prevention supplies and devices. With a legacy spanning over a century, the company is recognized for its 24-hour emergency product service and a broad catalog of innovative solutions available for immediate shipment. Alphasource serves key industries including power generation, food manufacturing, aerospace, and construction, with a core mission to enhance job site safety and mitigate potential hazards through its product offerings. Their commitment to quality and customer satisfaction has solidified their position as a trusted partner in the supply chain.
How much funding has Alphasource raised?
Alphasource has raised a total of $363K across 2 funding rounds:
Debt
$150K
Debt
$213K
Debt (2020): $150K with participation from PPP
Debt (2021): $213K led by PPP
Key Investors in Alphasource
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for Alphasource?
The substantial capital infusion, particularly the recent strategic investment, positions Alphasource for continued growth and operational enhancement. As a company with a deep history and a focus on essential industrial supplies, this backing will likely support the expansion of its product lines, further development of its emergency service capabilities, and potentially broaden its reach within government contracting and other critical sectors. Alphasource's ability to provide same-day shipping for a wide range of innovative solutions suggests a strategic focus on supply chain resilience and immediate customer needs, which this financing will undoubtedly bolster.
See full Alphasource company page
