What is One Source Associates?
Founded in 1939 and based in Columbia, Maryland, One Source Associates is a long-standing provider of lighting, electrical supplies, and site amenities. The company offers a comprehensive suite of services, including detailed energy audits, energy management assessments, advanced controls solutions, and guaranteed bills of materials for Wiremold products. Furthermore, One Source Associates provides expert lighting design, precise lighting calculations, shading and daylight assessments, and guidance on LEED and other code compliance recommendations, positioning itself as a key partner for energy efficiency and infrastructure projects.
How much funding has One Source Associates raised?
One Source Associates has raised a total of $2.9M across 2 funding rounds:
Debt
$1M
Debt
$1.9M
Debt (2020): $1M with participation from PPP
Debt (2021): $1.9M led by PPP
Key Investors in One Source Associates
PPP
Public-Private Partnership
PPP
Public-Private Partnership
PPP
Public-Private Partnership
What's next for One Source Associates?
The recent major strategic investment, alongside the overall enterprise-level funding context, suggests One Source Associates is poised for further expansion and technological integration. This capital infusion will likely fuel enhancements in their service offerings, potentially expanding their reach in energy management solutions and smart lighting technologies. The company's deep history and established reputation, combined with this strategic backing, indicate a focus on solidifying its market leadership and driving innovation in sustainable building solutions.
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