About Source Tech
Source Tech is a Technology company based in Charlotte (United States) founded in 1986, and was acquired by StoneCalibre in June 2013. Thermal printing solutions and software for financial transactions are provided. Source Tech has raised $64.27 million across 3 funding rounds from investors including StoneCalibre. Its website sourcetech.com draws about 24 thousand monthly visits. Source Tech offers products and services including MICR Printers, MICR Toner, Self-Service Kiosks, and Check Printing Software. Its focus areas include High Tech, Smart Cities, Smart Public Infrastructure and Smart City Kiosks. Its competitors include Intersection, Soofa and WattIQ; 3 of its 3 listed competitors have raised funding.
Company details
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.
- Headquarters Charlotte, United States
- Stage Acquired
- SectorsTechnology
- Website category Computers Electronics and Technology · Computer Hardware
- Website sourcetech.com
- Social LinkedIn X Facebook YouTube
- Acquired by StoneCalibre (Jun 2013)
- Total Equity Funding$64.27M (USD)
in 3 rounds
- Latest Funding Round$2.25M (USD), Series C
Feb 2020
- Investors
- Acquired byStoneCalibre
(Jun 2013)
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.
Apps and channels of Source Tech
its YouTube channel Source Technologies has 35 subscribers and 9 videos.
Videos from Source Tech
The most watched videos on Source Tech's YouTube channel, Source Technologies (35 subscribers). Click a video to play it here.
More on Source Technologies.
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.
- Total Funding $64.27M
- Total Rounds 3
- Last Round Series C — $2.25M
- First Round $42.02M
(Jun 2003)
All 3 funding rounds of Source Tech with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb 2020 | $2.25M | Series C | – | – | – |
| Jun 2009 | $20M | Series C | – | – | – |
| Jun 2003 | $42.02M | Series C | – | – | – |
1 investors in total: 1 institutional.
Investors in Source Tech
Source Tech has secured backing from 1 investor. Prominent investors backing the company include StoneCalibre.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
StoneCalibre is recognized as an international private investment firm. | 2012 | stonecalibre.com | Los Angeles, United States |
Investor details for Source Tech
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Source Tech
24 people are tracked at Source Tech (11 in leadership, 13 in team).
| Name | Role | Group |
|---|---|---|
Mike Drury | CFO | Leadership |
Boyce White | Director of Operations | Leadership |
Bev Jansen | Sales Director | Leadership |
Tim Baker | President & CEO | Leadership |
Snehal Vashi | VP Software Development | Leadership |
John White | Director of Sales Operations | Leadership |
Eric Eicke | Director of Software Innovation | Leadership |
Mark Hitz | VP Engineering | Leadership |
Gerald Manley | VP Of Payments | Leadership |
Bob O'Neill | VP Of Sales And Strategy | Leadership |
Myra Flynn | Director Channel Development & Sales | Leadership |
Beth Thomas | Controller | Team |
Kevin Vanover | Operations Supervisor | Team |
Keith Hamilton | EVP & CRO | Team |
Mike Jarrett | Solutions Delivery Manager | Team |
Nikki Miller Fulton | Project Manager Solutions Delivery | Team |
Susanne Gaus-Zikeli | Sr. Business Analyst/BI Manager | Team |
Chuck Freeman | Senior Hardware Engineer | Team |
Noah Vu | Technical Support Technician II | Team |
Tony Stokes | Software Programmer\analyst | Team |
4 more people are available in the full profile.
Complete people profiles for Source Tech
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
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Timeline of Source Tech
4 dated milestones of Source Tech across 34 years, from founding to its latest funding, stage changes and deals.
- Founded Source Tech is founded.
- Funding First funding round of $42.0M.
- Exit Acquired by StoneCalibre.
- Funding Latest funding round, Series C, of $2.2M.
Competitors of Source Tech
Source Tech has 3 listed competitors in our database, 3 of them funded. They include Intersection, Soofa and WattIQ.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| intersection.com | 2001 | New York, United States | $150M | 433 | Intersection is engaged in out-of-home advertising and public space communications. | |
| soofadigital.com | 2014 | Cambridge, United States | $1.68M | Advertising agency services are provided digitally by Soofa. | ||
| wattiq.io | 2013 | San Francisco, United States | $3.02M | Provider of asset management solutions |
Detailed competitors of Source Tech
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Source Tech
The website of Source Tech (sourcetech.com) receives about 23.6K visits a month and ranks #2,907,892 among all websites worldwide, #10,494 in Computer Hardware.
- Monthly visits23.6K
▲ 222.2% vs previous month
- Unique visitors3.2K
per month
- Global rank#2,907,892
among all websites
- Category rank#10,494
Computers Electronics and Technology · Computer Hardware
- Bounce rate49%
- Pages per visit1.6
- Average visit22 sec
- DevicesDesktop 37% · Mobile 63%
Websites whose visitors overlap most with Source Tech. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| rosettatechnologies.com | 100% | #7,176,910 | View details | ||
okidata.com | okidata.com | 100% | – | ||
printerm.com | printerm.com | 95% | #3,791,752 | – | |
dymo.com | dymo.com | 92% | #140,186 | – | |
printech.com | printech.com | 80% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 15 similar websites and full traffic analytics for Source Tech
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 15 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Smart Infrastructure & Cities
3 companies that operate in the same segment as Source Tech (Smart Infrastructure & Cities) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Web3 infrastructure solutions are offered via a blockchain platform. | 2021 | Palo Alto, California, United States | USD 336 M | 186 | ||
Blockchain-based public network for financial industry is operated. | 2018 | Brooklyn, New York, United States | USD 368 M | 480 | ||
Online platform for blockchain and smart contract cybersecurity | 2017 | New York, New York, United States | USD 296.15 M | 210 |
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Related news about 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. The company's 1st funding round was a Series C of $42.02M, raised on Jun 2003.
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.
Yes. Source Tech was acquired by StoneCalibre in June 2013.