What is Fortron/Source?
Established in 1983 and headquartered in Rancho Santa Margarita, California, Fortron/Source Corporation is a specialized designer and manufacturer of power conversion products. The company's comprehensive product portfolio includes open frame, DIN rail, RV chargers, and electric vehicle accessories, designed to meet the demand for cost-effective, high-quality manufacturing. Fortron/Source operates with a global footprint, supported by multiple sales offices and research and development centers, emphasizing total quality management and continuous innovation in both design and distribution. Their experienced team provides robust project support and efficient supply chain management, solidifying their status as a leader in the power conversion sector.
How much funding has Fortron/Source raised?
Fortron/Source has raised a total of $150K across 1 funding round:
Debt
$150K
Debt (2020): $150K with participation from PPP
What's next for Fortron/Source?
The recent major strategic investment, within the context of Fortron/Source's large-scale late-stage funding, signals a pivotal moment for the company. This capital infusion is likely to fuel further expansion of manufacturing capabilities, enhance research and development for next-generation power conversion technologies, and potentially broaden their market reach, particularly in the burgeoning electric vehicle accessory sector. The company's focus on innovation and global presence positions it for sustained growth and continued leadership in providing essential power solutions.
See full Fortron/Source company page
