What is Outside Source?
Outside Source is an IoT app development company specializing in the creation of mobile and web applications, alongside comprehensive solutions for connected products. The company focuses on product strategy, user experience, and custom software engineering to facilitate the market entry of its clients' IoT concepts. Operating from the Indiana IoT Lab, Outside Source leverages a network of partners and resources to support all phases of product development, including product design, mobile development, software engineering, and ongoing maintenance. Their services are designed to drive innovation for businesses aiming to enhance their Internet of Things offerings.
How much funding has Outside Source raised?
Outside Source has raised a total of $381K across 2 funding rounds:
Debt
$150K
Debt
$231K
Debt (2020): $150K with participation from PPP
Debt (2021): $231K led by PPP
What's next for Outside Source?
With the recent injection of capital, Outside Source is poised for accelerated growth and further development of its IoT solutions. The large-scale late-stage funding suggests a strategic focus on scaling operations, expanding market reach, and potentially enhancing its technological capabilities. This investment will likely enable the company to solidify its market position and pursue new opportunities within the rapidly evolving IoT landscape, driving innovation for its clients and stakeholders.
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