How Much Did First Source Raise?
Funding & Key Investors

First Source has successfully secured a significant capital injection, bringing its total funding to $31K. This latest financing round, which contributed $31K in substantial expansion capital, underscores the firm's robust position within the specialized electronics distribution market. By leveraging this investment, the company aims to solidify its infrastructure and enhance its service delivery capabilities for high-frequency component procurement.

What is First Source?

First Source
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Established in 1985, First Source operates as a critical manufacturers representative and stocking distributor, specializing in RF, Microwave, Lightwave, and Millimeterwave components. As a nationally certified small business with Department of Defense registration and ISO 9001:2015 and AS9120B certifications, the company serves as a vital link in the defense and telecommunications supply chain. Their business model prioritizes a partnership-driven approach, focusing on continuous process improvement and the reliable delivery of mission-critical hardware to meet complex connectivity requirements.

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

Key Investors in First Source

PPP

Public-Private Partnership

What's next for First Source?

With the infusion of this latest capital, First Source is positioned to scale its operational footprint and deepen its technical expertise in the microwave and millimeter-wave sectors. The strategic focus will likely shift toward optimizing inventory management systems and expanding its supplier network to meet the increasing demand for high-performance electronic components. By maintaining its commitment to quality assurance and rigorous compliance standards, the company is well-equipped to navigate the evolving landscape of defense and industrial connectivity, ensuring long-term growth and sustained market relevance.

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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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