About Source Tech
Source Tech is a company based in Charlotte (United States) founded in 1986 was acquired by StoneCalibre in June 2013. Source Tech has raised $64.27 million across 3 funding rounds from investors including StoneCalibre. Source Tech offers products and services including MICR Printers, MICR Toner, Self-Service Kiosks, and Check Printing Software. Source Tech operates in a competitive market with competitors including Intersection, Soofa, WattIQ, ImageHolders and LQD WiFi, among others.
- Headquarter Charlotte, 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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Annual Revenue
Not available
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Net Profit
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EBITDA
Not available
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Total Equity Funding
$64.27 M (USD)
in 3 rounds
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Latest Funding Round
$2.25 M (USD), Series C
Feb 18, 2020
- Investors
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Employee Count
Not available
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Acquired by
StoneCalibre
(Jun 10, 2013)
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Products & Services of Source Tech
Source Tech offers a comprehensive portfolio of products and services, including MICR Printers, MICR Toner, Self-Service Kiosks, and Check Printing Software.
Secure printers for on-demand check printing to prevent fraud.
High-quality toner for secure MICR document production.
Kiosks that process financial transactions efficiently.
Software for automating accounts payable and payroll checks.
People of Source Tech
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Funding Insights of Source Tech
Source Tech has successfully raised a total of $64.27M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $2.25 million completed in February 2020. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Source Tech
Source Tech has secured backing from 1 investor. Prominent investors backing the company include StoneCalibre.
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StoneCalibre is recognized as an international private investment firm.
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Investor details for Source Tech
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Investments & Acquisitions by Source Tech
Investment portfolio details for Source Tech
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Financial Statements - Source Tech
Detailed financials for Source Tech
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Source Tech Comparisons
Peer comparison for Source Tech
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Competitors of Source Tech
Source Tech 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 Intersection, Soofa, WattIQ, ImageHolders and LQD WiFi, among others.
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Intersection is engaged in out-of-home advertising and public space communications.
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Advertising agency services are provided digitally by Soofa.
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Provider of asset management solutions
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Tablet enclosures and iPad kiosks are custom designed and manufactured.
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Urban smart hubs are developed for public spaces in cities.
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Detailed competitors of Source Tech
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Latest news on Source Tech
Complete news archive for Source Tech
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Frequently Asked Questions about Source Tech
Source Tech was founded in 1986 and raised its 1st funding round 17 years after it was founded.
Source Tech is headquartered in Charlotte, United States. It is registered at Charlotte, North Carolina, United States.
Source Tech is a funded company, having raised a total of $64.27M across 3 funding rounds to date.
Source Technologies, LLC is a provider of thermal bar code and magnetic ink character recognition (MICR) printing solutions for warehousing and distribution, finance, healthcare, transportation and logistics, and retail markets. Its products include mid-range and mobile thermal printers and its consumables like toners and cartridges. It also provides laser printing solutions for printing packing slips, shipping labels, invoices and order forms. It is also the manufacturer of BillPay kiosks. As a Software offering, the flagship product is nbsp;RiskPartner, a Know Your Customer- compliant nbsp;software solution.The firm operates out of thenbsp;United States, the United Kingdom, and Singapore.
Source Tech's top competitors include Intersection, Soofa and WattIQ.
Source Tech offers MICR Printers, MICR Toner, Self-Service Kiosks, and Check Printing Software.
Source Tech has 1 investor. Key investors include StoneCalibre.