How Much Did SmartSource Raise?
Funding & Key Investors

SmartSource, a provider of technology staffing and technical solutions, has secured $2.4M in total capital, with its most recent financing round bringing in $1.4M. This major strategic investment underscores the company's significant enterprise-level funding trajectory.

What is SmartSource?

SmartSource
Business ServicesHuman Resources Management Systems (HRMS)Software Testing

Founded in 1996 and headquartered in St. Charles, Illinois, SmartSource is a prominent provider of technology staffing, multi-site deployment, and comprehensive technical solutions. The company's core mission is to equip businesses with the necessary personnel and operational frameworks to effectively advance and succeed in their technology initiatives. SmartSource delivers both the human capital and the strategic processes that enable clients to win with technology.

How much funding has SmartSource raised?

SmartSource has raised a total of $2.4M across 2 funding rounds:

2020

Debt

$1M

2021

Debt

$1.4M

Debt (2020): $1M with participation from PPP

Debt (2021): $1.4M led by PPP

Key Investors in SmartSource

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for SmartSource?

The recent major strategic investment indicates SmartSource is likely in a growth or scaling phase, leveraging this enterprise-level funding to expand its service offerings and market reach. This capital infusion is expected to fuel further development in its technology staffing and deployment solutions, positioning the company for continued advancement in the competitive tech services landscape. The company's focus on delivering both people and processes suggests a strategy aimed at comprehensive client solutions.

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Frequently Asked Questions Regarding SmartSource Financial Insights

What are the most recent funding rounds that SmartSource has completed, and what were the funding rounds?
SmartSource has recently completed 2 funding rounds: Debt on Mar 23, 2021, Debt on May 1, 2020.
What is the total amount of funding SmartSource has raised to date?
SmartSource has raised a total of $2.4M in funding to date.
How many funding rounds has SmartSource completed?
SmartSource has completed 2 funding rounds.
How much funding did SmartSource raise in its most recent funding round?
SmartSource raised $1.4M in its most recent funding round.
Who are the lead investors in SmartSource's latest funding round?
The lead investor in SmartSource'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 SmartSource's history?
The largest funding round in SmartSource's history was $1.4M.
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