How Much Did Smart Source Technologies Raise?
Funding & Key Investors

Smart Source Technologies has secured $350K in total capital, with its most recent financing round bringing in $350K through a major strategic investment. This latest infusion of capital underscores the company's significant growth trajectory and its established position in the technical staffing and consulting market. The company's funding history, which includes a debt financing round in May 2020, indicates a strategic approach to capital management as it navigates its expansion.

What is Smart Source Technologies?

Smart Source Technologies
Business ServicesHuman Resources Management Systems (HRMS)Software Testing

Founded in 1999 and headquartered in North Brunswick, New Jersey, Smart Source Technologies specializes in providing technical consultants to a diverse range of clients nationwide. The company has successfully placed over 700 technical consultants across more than 100 private companies and public sector agencies. Its client base spans from emerging digital marketing startups to established global leaders in sectors such as insurance, pharmaceuticals, manufacturing, and supply chain management. This broad reach highlights Smart Source Technologies' capability to cater to varied industry demands for specialized technical talent.

How much funding has Smart Source Technologies raised?

Smart Source Technologies has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

What's next for Smart Source Technologies?

With the recent strategic investment, Smart Source Technologies is poised for accelerated growth and market expansion. The substantial capital infusion is expected to fuel initiatives aimed at enhancing its service offerings, broadening its client base, and potentially exploring new technological verticals. As a company with a long-standing presence since 1999, this late-stage funding signifies a pivotal moment for scaling operations and solidifying its competitive advantage in the dynamic technical staffing landscape. Future developments will likely focus on leveraging this investment to further innovate and meet the evolving needs of its clientele.

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Frequently Asked Questions Regarding Smart Source Technologies Financial Insights

What are the most recent funding rounds that Smart Source Technologies has completed, and what were the funding rounds?
Smart Source Technologies has recently completed 1 funding rounds: Debt on May 3, 2020.
What is the total amount of funding Smart Source Technologies has raised to date?
Smart Source Technologies has raised a total of $350K in funding to date.
How many funding rounds has Smart Source Technologies completed?
Smart Source Technologies has completed 1 funding rounds.
How much funding did Smart Source Technologies raise in its most recent funding round?
Smart Source Technologies raised $350K in its most recent funding round.
Who are the lead investors in Smart Source Technologies's latest funding round?
The lead investor in Smart Source Technologies'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 Smart Source Technologies's history?
The largest funding round in Smart Source Technologies's history was $350K.
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