How Much Did Technical Source Raise?
Funding & Key Investors

Technical Source, a woman-owned, family business specializing in IT services, has secured $300K in total funding, with its most recent capital infusion amounting to $150K. This significant strategic investment underscores the company's established position in the market for comprehensive IT relocation and deployment solutions.

What is Technical Source?

Technical Source
Business ServicesSoftware Testing

Technical Source Inc. is a specialized IT services provider with over two decades of experience, focusing on computer relocation, PC disconnect/reconnect, and server migrations. The company handles an impressive volume of over 30,000 system relocations annually, offering a full suite of services including new equipment deployment, post-move support, help desk services, and hardware cleaning. Their commitment to efficiency, customer satisfaction, and environmentally conscious recycling practices distinguishes them in the IT transition sector, making them a trusted partner for businesses navigating complex technology infrastructure changes.

How much funding has Technical Source raised?

Technical Source has raised a total of $300K across 2 funding rounds:

2020

Debt

$150K

2021

Debt

$150K

Debt (2020): $150K with participation from PPP

Debt (2021): $150K led by PPP

Key Investors in Technical Source

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Technical Source?

With a substantial funding history and recent strategic investment, Technical Source is well-positioned for continued growth and expansion within the IT services market. The company's late-stage funding context suggests a focus on scaling operations, enhancing service delivery capabilities, and potentially exploring new technological integrations or service offerings. This capital infusion will likely support efforts to further solidify their market leadership in IT relocation and deployment, reinforcing their reputation for reliability and efficiency in managing critical business transitions.

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Frequently Asked Questions Regarding Technical Source Financial Insights

What are the most recent funding rounds that Technical Source has completed, and what were the funding rounds?
Technical Source has recently completed 2 funding rounds: Debt on Feb 6, 2021, Debt on Apr 30, 2020.
What is the total amount of funding Technical Source has raised to date?
Technical Source has raised a total of $300K in funding to date.
How many funding rounds has Technical Source completed?
Technical Source has completed 2 funding rounds.
How much funding did Technical Source raise in its most recent funding round?
Technical Source raised $150K in its most recent funding round.
Who are the lead investors in Technical Source's latest funding round?
The lead investor in Technical 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 Technical Source's history?
The largest funding round in Technical Source's history was $150K.
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