How Much Did Control Source Raise?
Funding & Key Investors

Control Source has secured $150K in total capital, with its most recent financing round bringing in $150K in a major strategic investment. This significant backing underscores the company's established position in the automation technology distribution sector.

What is Control Source?

Control Source
RetailHome Improvement & Hardware Retail

Control Source Inc. operates as a prominent distributor of advanced automation technologies across the Southeastern USA. The company's expertise spans a comprehensive portfolio, including motion control, drives, HMIs, machine safety, and sensing technologies. With a legacy of decades, Control Source is dedicated to fostering innovation and delivering robust, reliable solutions. Their product catalog further extends to robotics, industrial control systems, and networking tools, positioning them as a key player in enabling industrial efficiency and technological advancement for their clientele.

How much funding has Control Source raised?

Control Source has raised a total of $150K across 1 funding round:

2020

Debt

$150K

Debt (2020): $150K with participation from PPP

Key Investors in Control Source

PPP

Public-Private Partnership

What's next for Control Source?

The company's large-scale late-stage funding context suggests a focus on scaling operations, expanding market reach, and potentially integrating new technologies or services. This strategic investment is likely aimed at solidifying Control Source's competitive advantage and capitalizing on the growing demand for sophisticated automation solutions in various industrial sectors. Future growth may involve enhancing distribution networks, deepening partnerships with technology providers, and exploring new application areas for their advanced automation offerings.

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Frequently Asked Questions Regarding Control Source Financial Insights

What are the most recent funding rounds that Control Source has completed, and what were the funding rounds?
Control Source has recently completed 1 funding rounds: Debt on Apr 14, 2020.
What is the total amount of funding Control Source has raised to date?
Control Source has raised a total of $150K in funding to date.
How many funding rounds has Control Source completed?
Control Source has completed 1 funding rounds.
How much funding did Control Source raise in its most recent funding round?
Control Source raised $150K in its most recent funding round.
Who are the lead investors in Control Source's latest funding round?
The lead investor in Control Source's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Control Source's history?
The largest funding round in Control Source's history was $150K.
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