About SmartSource
SmartSource is a company based in Hauppauge (United States) founded in 1984 was acquired by Abcomrents in March 2019. It operates as a Managed Services, and Pay-per-Use / Usage-Based. SmartSource offers products and services including Event Technology Solutions, IT Solutions, and Equipment Rentals. SmartSource operates in a competitive market with competitors including UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, among others.
- Headquarter Hauppauge, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Smartsource®
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Abcomrents
(Mar 25, 2019)
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Products & Services of SmartSource
SmartSource offers a comprehensive portfolio of products and services, including Event Technology Solutions, IT Solutions, and Equipment Rentals. 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.
Technology solutions for events are provided by SmartSource.
Managed IT services are offered for business needs.
Various tech equipment rentals are provided for clients.
Funding Insights of SmartSource
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in SmartSource
SmartSource has secured backing from 1 investor. Prominent investors backing the company include SmartSource. 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.
| Investor | Description | Founded Year | Domain | Location |
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IT equipment and accessories are rented, resold, and integrated offline.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by SmartSource
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - SmartSource
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Smartsource Comparisons
Competitors of SmartSource
SmartSource 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 UST, Genpact, 1&1 IONOS, Happiest Minds and Accenture, 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.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
High-quality office furniture is provided by UST for various needs.
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| domain | founded_year | HQ Location |
Provider of end-to-end business process outsourcing services
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| domain | founded_year | HQ Location |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Smartsource
Frequently Asked Questions about SmartSource
When was SmartSource founded?
SmartSource was founded in 1984.
Where is SmartSource located?
SmartSource is headquartered in Hauppauge, United States. It is registered at Hauppauge, New York, United States.
What does SmartSource do?
SmartSource is established as a trusted provider of event technology and IT solutions across various industries. Services are offered in event management, audio-visual production, and digital signage, alongside comprehensive IT support including cybersecurity, infrastructure management, and equipment rentals. Solutions are tailored to meet specific client needs in sectors such as staffing, entertainment, legal, education, and government. Nationwide coverage in the United States is provided, ensuring 247 support and customized technology setups for seamless project execution.
Who are the top competitors of SmartSource?
SmartSource's top competitors include Happiest Minds, Mavenir and 1&1 IONOS.
What products or services does SmartSource offer?
SmartSource offers Event Technology Solutions, IT Solutions, and Equipment Rentals.
Who are SmartSource's investors?
SmartSource has 1 investor. Key investors include SmartSource.