How Much Did Sub Source Raise?
Funding & Key Investors

Sub Source, a provider of metal finishing, coating, and nondestructive testing services, has secured $350K in total capital. The company recently announced a major strategic investment of $350K, signaling a significant phase of growth and development. This latest financing round underscores the company's established position in the market and its potential for future expansion.

What is Sub Source?

Sub Source
ManufacturingIndustrial Machinery & EquipmentAerospace & Defense

Sub Source, Inc. is a NADCAP and ISO certified entity based in Rockford, Illinois, specializing in comprehensive metal finishing, coating, and nondestructive testing. With over five decades of operational history, the company offers a broad spectrum of services including powder coating, liquid paint, and metal preparation. These solutions are meticulously tailored for demanding sectors such as aerospace, automotive, and defense. Sub Source positions itself as a single-source provider for both critical and secondary processes, emphasizing its commitment to quality, efficiency, and timely delivery, making it a valued partner for businesses requiring precision finishing.

How much funding has Sub Source raised?

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

2020

Debt

$350K

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

What's next for Sub Source?

The recent strategic investment in Sub Source, occurring within a large-scale late-stage funding context, suggests a strategic pivot or an acceleration of existing growth initiatives. This capital infusion is likely to be directed towards enhancing operational capacity, expanding service offerings, or solidifying market share within the aerospace, automotive, and defense industries. The company's focus on quality certifications and extensive technical expertise provides a strong foundation for leveraging this new backing to pursue further innovation and market penetration.

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Frequently Asked Questions Regarding Sub Source Financial Insights

What are the most recent funding rounds that Sub Source has completed, and what were the funding rounds?
Sub Source has recently completed 1 funding rounds: Debt on Apr 11, 2020.
What is the total amount of funding Sub Source has raised to date?
Sub Source has raised a total of $350K in funding to date.
How many funding rounds has Sub Source completed?
Sub Source has completed 1 funding rounds.
How much funding did Sub Source raise in its most recent funding round?
Sub Source raised $350K in its most recent funding round.
Who are the lead investors in Sub Source's latest funding round?
The lead investor in Sub Source'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 Sub Source's history?
The largest funding round in Sub Source's history was $350K.
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