How Much Did First Source Raise?
Funding & Key Investors

First Source, a specialized distributor of RF, Microwave, Lightwave, and Millimeterwave components, has secured $31K in recent financing, contributing to a total funding of $31K. This capital infusion, described as substantial expansion capital, aligns with the company's significant Series B/C stage, indicating a phase of accelerated growth and market penetration. The company's long-standing presence since 1985 underscores its established position in the niche electronics supply chain.

What is First Source?

First Source
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Established in 1985, First Source Inc. operates as a manufacturers representative and stocking distributor with a focused expertise in RF, Microwave, Lightwave, and Millimeterwave components. As a nationally certified small business registered with the Department of Defense, First Source holds ISO 9001:2015 and AS9120B certifications, highlighting its commitment to quality and stringent industry standards. The company's operational philosophy centers on achieving total customer satisfaction through a collaborative partnership approach with both customers and suppliers, ensuring the timely delivery of high-quality components. Their proficiency in teamwork, communication, and continuous process improvement positions them as a key player in meeting the complex connectivity needs of their clientele.

How much funding has First Source raised?

First Source has raised a total of $31K across 1 funding round:

2021

Debt

$31K

Debt (2021): $31K with participation from PPP

What's next for First Source?

With the recent injection of $31K in expansion capital, First Source is poised for significant strategic advancements. This funding, occurring at a critical Series B/C stage, suggests an intent to scale operations, enhance product offerings, or expand market reach within the specialized RF and microwave component sector. The company's robust certifications and established history provide a solid foundation for leveraging this investment to further solidify its market position and pursue new growth opportunities. Future developments may include expanding distribution networks, investing in advanced inventory management systems, or forging new supplier partnerships to broaden their component portfolio.

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Frequently Asked Questions Regarding First Source Financial Insights

What are the most recent funding rounds that First Source has completed, and what were the funding rounds?
First Source has recently completed 1 funding rounds: Debt on Feb 27, 2021.
What is the total amount of funding First Source has raised to date?
First Source has raised a total of $31K in funding to date.
How many funding rounds has First Source completed?
First Source has completed 1 funding rounds.
How much funding did First Source raise in its most recent funding round?
First Source raised $31K in its most recent funding round.
Who are the lead investors in First Source's latest funding round?
The lead investor in First 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 First Source's history?
The largest funding round in First Source's history was $31K.
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