What is Total Source?
Headquartered in the Twin Cities, Minnesota, Total Source operates as a comprehensive service provider for small to medium-sized enterprises. The company maintains a diversified portfolio that spans essential business functions, including professional printing services, high-impact graphic design, and the procurement of office supplies and commercial furniture. Furthermore, the firm distinguishes itself through the provision of branded promotional items and corporate apparel, acting as a one-stop solution for regional businesses seeking to streamline their operational and marketing requirements.
By integrating these disparate services under a single umbrella, Total Source has carved out a unique market position. Its ability to cater to the multifaceted needs of the SME sector allows it to maintain high client retention rates while serving as a critical partner for local economic growth.
How much funding has Total Source raised?
Total Source has raised a total of $20K across 1 funding round:
Debt
$20K
Debt (2021): $20K with participation from PPP
Key Investors in Total Source
PPP
Public-Private Partnership
Undisclosed Investor
Undisclosed investor participating in the funding round.
Undisclosed Investor
Undisclosed investor participating in the funding round.
What's next for Total Source?
Looking ahead, the strategic deployment of the $20K will likely focus on scaling the company's digital infrastructure and expanding its logistics capabilities to better serve its growing client base. As the firm navigates this significant Series B/C stage, management is expected to prioritize operational efficiency and the potential acquisition of smaller regional competitors to consolidate its market share.
The roadmap for the coming fiscal periods involves a dual focus: enhancing the technological sophistication of its design and printing workflows while simultaneously broadening its distribution network for office furniture and apparel. This disciplined approach to growth, supported by the recent influx of investment, positions Total Source to emerge as a dominant force in the regional business services sector, setting the stage for sustained profitability and long-term value creation for its stakeholders.
