What is Battery Source?
Founded in 1989 and headquartered in Thomasville, Georgia, Battery Source operates as a comprehensive provider of batteries for a wide array of applications, including cellphones, laptops, automobiles, and specialized equipment like powered wheelchairs and boats. Beyond sales, the company offers essential services such as battery servicing, rentals, and pack rebuilding, alongside golf cart services, rentals, and repairs. This diversified approach positions Battery Source as a key player in the energy storage and mobility solutions market.
How much funding has Battery Source raised?
Battery Source has raised a total of $350K across 1 funding round:
Debt
$350K
Debt (2020): $350K with participation from PPP
Key Investors in Battery Source
PPP
Public-Private Partnership
What's next for Battery Source?
With a history of substantial late-stage funding, Battery Source is poised for continued expansion and operational enhancement. The recent strategic investment signals confidence from its backers, likely enabling the company to scale its service offerings, invest in new technologies, and potentially broaden its geographic reach. Future growth may focus on optimizing its supply chain, enhancing its repair and servicing capabilities, and exploring new battery chemistries or applications to maintain its competitive edge in the evolving energy sector.
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