About SOURCE
SOURCE is a company based in Scottsdale (United States) founded in 2015 by Shikha Kapur. It operates as a Product-as-a-Service and Direct-to-Consumer (D2C). SOURCE has raised $361.26 million across 9 funding rounds from investors including Microsoft, Duke Energy and BlackRock. The company has 5 employees as of April 07, 2024. SOURCE has completed 1 acquisition, including PROUD SOURCE WATER. SOURCE offers products and services including Hydropanel Technology, Residential Water System, Community Water System, and Commercial Water System. SOURCE operates in a competitive market with competitors including NovNat Tech, Aquahara Technology and Agua De Sol, among others.
- Headquarter Scottsdale, United States
- Employees 5 as on 07 Apr, 2024
- Founders Shikha Kapur
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Sectors
EnvironmentEnergy & Utilities
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Email
Locked
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Phone
Locked
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Website
Locked
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Social
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- Legal Name Source Global
- Date of Incorporation 11 Feb, 2021
- Jurisdiction Chennai, Tamil Nadu, India
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Annual Revenue
$0.44 (USD)0as on Mar 31, 2023
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Net Profit
-$91.38 K (USD)-241.56as on Mar 31, 2023
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EBITDA
-$89.01 K (USD)-298.7as on Mar 31, 2023
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Total Equity Funding
$361.26 M (USD)
in 9 rounds
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Latest Funding Round
$19.3 M (USD), Series D
Feb 25, 2025
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Investors
Microsoft
& 10 more
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Employee Count
5
as on Apr 07, 2024
- Investments & Acquisitions
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Products & Services of SOURCE
SOURCE offers a comprehensive portfolio of products and services, including Hydropanel Technology, Residential Water System, Community Water System, and Commercial Water System.
Water vapor is converted into clean drinking water.
Solar-powered drinking water is provided for homes remotely.
Scalable drinking water systems are offered for communities.
Customizable water sources are deployed for commercial use.
People of SOURCE
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Funding Insights of SOURCE
SOURCE has successfully raised a total of $361.26M across 9 strategic funding rounds. The most recent funding activity was a Series D round of $19.3 million completed in February 2025. 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
SOURCE has secured backing from 11 investors, including venture fund and institutional investors. Prominent investors backing the company include Microsoft, Duke Energy and BlackRock.
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Climate solutions are advanced via venture capital and startup acceleration.
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Investments are focused on sustainable growth-stage businesses addressing climate change.
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Investments are made in early-stage tech startups by Fifth Wall.
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Investor details for SOURCE
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Investments & Acquisitions by SOURCE
SOURCE has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include PROUD SOURCE WATER.
Investment portfolio details for SOURCE
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| Company Name | Description | Domain | Location | Founded Year | Amount |
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Brand of spring water
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Locked | Locked | 2016 | Locked |
Complete acquisition details for SOURCE
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Financial Statements - SOURCE
Detailed financials for SOURCE
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Source Comparisons
Peer comparison for SOURCE
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Competitors of SOURCE
SOURCE 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 NovNat Tech, Aquahara Technology and Agua De Sol, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Atmospheric water is generated using metal-organic frameworks.
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Engineering firm offering renewable energy storage, dehumidification systems, and business development services.
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Generates potable water from air via solar-powered devices for household use.
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Detailed competitors of SOURCE
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Latest news on Source
Complete news archive for SOURCE
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Frequently Asked Questions about SOURCE
SOURCE was founded in 2015.
SOURCE is headquartered in Scottsdale, United States. It is registered at Scottsdale, Arizona, United States.
SOURCE is a funded company, having raised a total of $361.26M across 9 funding rounds to date.
As of Apr 07, 2024, the latest employee count at SOURCE is 5.
Annual revenue of SOURCE is $0.44 as on Mar 31, 2023.
Clean drinking water is produced by SOURCE through its proprietary Hydropanel technology, which extracts water vapor from the air using solar power. Solutions are provided for residential, community, and commercial needs, addressing water scarcity in remote and off-grid areas. The technology is applied across various sectors, ensuring access to safe drinking water without traditional infrastructure. Scalable and sustainable water systems are offered to meet diverse demands globally.
SOURCE's top competitors include NovNat Tech, Aquahara Technology and Agua De Sol.
SOURCE offers Hydropanel Technology, Residential Water System, Community Water System, and Commercial Water System.
SOURCE has made 1 acquisition, including PROUD SOURCE WATER.
SOURCE has 11 investors. Key investors include Microsoft, Duke Energy, BlackRock, Fifth Wall, and Material Impact.