Source Support

Lawrenceville, United States Founded: 2002 • Age: 24 yrs Acquired By Capitala Group
Management consulting and support services are provided to businesses.
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About Source Support

Source Support is a company based in Lawrenceville (United States) founded in 2002 was acquired by Capitala Group in December 2019.. The company has 11 employees as of April 06, 2024. Source Support offers products and services including Onsite Services, Field Service Management, Remediation & Recall Services, Managed Parts Logistics, and Source Central. Source Support operates in a competitive market with competitors including UST, NTT DATA, Persistent, Endava and Sopra Steria, among others.

  • Headquarter Lawrenceville, United States
  • Employees 11 as on 06 Apr, 2024
  • Sectors
    Business Services
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Jurisdiction Bangalore, Karnataka, India
Operational Areas
Business Services → Professional & Consulting Services
Business Services → Facility, Security & Field Operations
Key Metrics
  • Annual Revenue
    $906.67 K (USD)
    104.17
    as on Mar 31, 2022
  • Net Profit
    $142.93 K (USD)
    -44.63
    as on Mar 31, 2022
  • EBITDA
    $127.45 K (USD)
    403.77
    as on Mar 31, 2022
  • Latest Funding Round
  • Investors
  • Employee Count
    11

    as on Apr 06, 2024

  • Acquired by
    Capitala Group

    (Dec 12, 2019)

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Products & Services of Source Support

Source Support offers a comprehensive portfolio of products and services, including Onsite Services, Field Service Management, Remediation & Recall Services, Managed Parts Logistics, and Source Central. 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

Provides repair, maintenance, and installation for equipment worldwide.

Manages service delivery and compliance through Source Central.

Mitigates business impacts from product recalls.

Handles spare parts delivery and testing to minimize downtime.

Platform for tracking and automating field service operations.

People of Source Support
Headcount 50-200
Employee Profiles 44
Board Members and Advisors 3
Employee Profiles
People
David Walker
Support Engineer
People
Douangsouriya (Tony) Douangpraseuth
Technical Support Engineer
People
Jacob Diama
Technical Support Engineer
People
Angie Griffin-Sligh
Vice President of Quality & Innovation

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Board Members and Advisors
people
Tom York
Director
people
Jack Vander Leeuw
Director
people
Adam Richeson
Board Member

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Funding Insights of Source Support

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 Source Support

Source Support has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Capitala Group. 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
Venture Fund
Investor Description Founded Year Domain Location
Global multi-sector investments are managed by the private equity firm.
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 Source Support

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 - Source Support

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

Source Support Comparisons

Employees
+
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Competitors of Source Support

Source Support 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, NTT DATA, Persistent, Endava and Sopra Steria, 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
domain founded_year HQ Location
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
IT consulting, data analytics, and digital transformation services are provided.
domain founded_year HQ Location
Endava is engaged in digital transformation and AI-driven solutions.
domain founded_year HQ Location
IT suite solutions and consulting services are provided worldwide.
domain founded_year HQ Location
IT consulting and digital transformation services are provided globally.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Source Support

Frequently Asked Questions about Source Support

When was Source Support founded?

Source Support was founded in 2002.

Where is Source Support located?

Source Support is headquartered in Lawrenceville, United States.

Who is the current CEO of Source Support?

Mike Stolz is the current CEO of Source Support.

How many employees does Source Support have?

As of Apr 06, 2024, the latest employee count at Source Support is 11.

What is the annual revenue of Source Support?

Annual revenue of Source Support is $906.67K as on Mar 31, 2022.

What does Source Support do?

Source Support was founded in 2002 and is headquartered in Lawrenceville, United States. Management consulting and support services are delivered by the company within the professional services sector. Operations focus on advisory and operational assistance for clients, with the domain sourcesupport.com used for online presence. Leadership is held by CEO Mike Stolz, ensuring oversight of core activities across the region.

Who are the top competitors of Source Support?

Source Support's top competitors include Persistent, NTT DATA and Endava.

What products or services does Source Support offer?

Source Support offers Onsite Services, Field Service Management, Remediation & Recall Services, Managed Parts Logistics, and Source Central.

Who are Source Support's investors?

Source Support has 1 investor. Key investors include Capitala Group.

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