First SOURCE Electrical

Houston, United States Founded: 2008 • Age: 18 yrs Acquired By Winsupply
Online B2B platform offering electrical products

About First SOURCE Electrical

First SOURCE Electrical is a company based in Houston (United States) founded in 2008 was acquired by Winsupply in August 2022.. The company has 51 employees as of December 31, 2021. First SOURCE Electrical offers products and services including Conduit & Fittings, Circuit Breakers, Lighting Fixtures, and Wire and Cable. First SOURCE Electrical operates in a competitive market with competitors including Moov, Digi-Key Electronics, Asseta, Verical and TestMart, among others.

  • Headquarter Houston, United States
  • Employees 51 as on 31 Dec, 2021
  • Sectors
    Retail
  • Email
    ***********
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name First Source Electrical
Operational Areas
Retail → E-Commerce Platforms & Marketplaces
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Latest Funding Round
  • Investors
  • Employee Count
    51

    as on Dec 31, 2021

  • Acquired by
    Winsupply

    (Aug 02, 2022)

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Products & Services of First SOURCE Electrical

First SOURCE Electrical offers a comprehensive portfolio of products and services, including Conduit & Fittings, Circuit Breakers, Lighting Fixtures, and Wire and Cable. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.

Primary

Products for installing and securing electrical conduits.

Devices that protect electrical circuits from overloads.

Fixtures for commercial and industrial lighting applications.

Materials for wiring and cable management in systems.

People of First SOURCE Electrical
Headcount 500-1000
Employee Profiles 4
Employee Profiles
People
Leonard Walton
Information Technology Administrator

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Funding Insights of First SOURCE Electrical

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in First SOURCE Electrical

First SOURCE Electrical has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Winsupply. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Institutional
Investor Description Founded Year Domain Location
-
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by First SOURCE Electrical

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016

Financial Statements - First SOURCE Electrical

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

First Source Electrical Comparisons

Employees
+
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Competitors of First SOURCE Electrical

First SOURCE Electrical operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Moov, Digi-Key Electronics, Asseta, Verical and TestMart, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

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Industrial goods are auctioned online via a B2B marketplace.
Company Name Domain Founded year HQ Location Description
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Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on First Source Electrical

Frequently Asked Questions about First SOURCE Electrical

When was First SOURCE Electrical founded?

First SOURCE Electrical was founded in 2008.

Where is First SOURCE Electrical located?

First SOURCE Electrical is headquartered in Houston, United States. It is registered at Houston, Texas, United States.

How many employees does First SOURCE Electrical have?

As of Dec 31, 2021, the latest employee count at First SOURCE Electrical is 51.

What does First SOURCE Electrical do?

Online B2B platform offering electrical products. It offers products such as ballasts, fuses, cable trays, lighting controllers, smoke detectors, wiring devices, and more.

Who are the top competitors of First SOURCE Electrical?

First SOURCE Electrical's top competitors include Digi-Key Electronics, Asseta and Moov.

What products or services does First SOURCE Electrical offer?

First SOURCE Electrical offers Conduit & Fittings, Circuit Breakers, Lighting Fixtures, and Wire and Cable.

Who are First SOURCE Electrical's investors?

First SOURCE Electrical has 1 investor. Key investors include Winsupply.

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