
About Sourcepass
Sourcepass is a Technology company based in New York (United States) founded in 2021 by Bruce Simms, Roli Points, and Chuck Canton. IT services are provided by Sourcepass in New York. Sourcepass has raised $135 million across 3 funding rounds from investors including Metropolitan Partners Group and Wedge Venture Partners. Sourcepass has completed 10 acquisitions, including Big Green IT, Bridgepointe Technologies and Infinity Computer Systems. Its chief executive, as recorded, is Chuck Canton. Sourcepass offers products and services including Managed IT Services, Cyber Security Services, Digital Transformation, Procurement Services, and NOC Services. Its focus areas include Business Services, IT Services and Suite. Its competitors include 1&1 IONOS, Genpact and Epam; 1 of its 3 listed competitors has raised funding.
Company details
Sourcepass was founded in 2021 in New York, United States, within the IT sector. Managed IT services and support are delivered by the company to businesses. Operations are based in the United States, focusing on technology infrastructure and solutions. Co-founders Bruce Simms and Roli Points are joined by Chuck Canton, who serves as CEO. The firm handles client IT needs in a regional context.
- Headquarters New York, United States
- Founders Bruce Simms, Roli Points, Chuck Canton
- SectorsTechnology
- Website sourcepass.com
- Social LinkedIn X Facebook YouTube
- Total Equity Funding$135M (USD)
in 3 rounds
- Latest Funding Round$65M (USD), Series C
May 2023
- InvestorsMetropolitan Partners Group
& 1 more
- Investments & AcquisitionsBig Green IT
& 9 more
Products & Services of Sourcepass
Sourcepass offers a comprehensive portfolio of products and services, including Managed IT Services, Cyber Security Services, Digital Transformation, Procurement Services, and NOC Services.
Comprehensive IT management and support for business operations
Protection against threats and risk management for data safety
Services for cloud migrations and modern workplace enhancements
Assistance with software licensing and hardware acquisition
24x7 network operations center for system oversight
Apps and channels of Sourcepass
its YouTube channel Sourcepass, Inc has 78 subscribers and 30 videos.
Videos from Sourcepass
The most watched videos on Sourcepass's YouTube channel, Sourcepass, Inc (78 subscribers). Click a video to play it here.
More on Sourcepass, Inc.
Funding Insights of Sourcepass
Sourcepass has successfully raised a total of $135M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $65 million completed in May 2023. 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 $135M
- Total Rounds 3
- Last Round Series C β $65M
- First Round $70M
(Mar 2022)
- Investors Count 2
All 3 funding rounds of Sourcepass 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 |
|---|---|---|---|---|---|
| May 2023 | $65M | Series C | β | Metropolitan Partners Group | β |
| Mar 2022 | $70M | Series C | β | Metropolitan Partners Group, Wedge Venture Partners | β |
| Mar 2022 | Debt – Conventional | β | β |
2 investors in total: 2 institutional.
Investors in Sourcepass
Sourcepass has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Metropolitan Partners Group and Wedge Venture Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
US private equity investments are managed by Metropolitan Partners Group. | metpg.com | New York, United States | ||
Venture investments are facilitated by Wedge Venture Partners. | wedgeventures.com |
Investor details for Sourcepass
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of Sourcepass
76 people are tracked at Sourcepass (27 in leadership, 49 in team).
| Name | Role | Group |
|---|---|---|
Bruce Simms | Co-Founder | Leadership |
Roli Points | Co-Founder | Leadership |
Chuck Canton | Co-Founder & CEO | Leadership |
Stephanie Fives | Director Client Strategy | Leadership |
Sarah Jordan | Director Of Client Strategy | Leadership |
Zach Sitas | Director, Network Operations Center | Leadership |
Matt Brown | President | Leadership |
Michael Ducsak | Chief Information Security Officer | Leadership |
Anthony Latham | VP Of Product | Leadership |
Matt Mccarthy | Chief Client Officer | Leadership |
Ryan Vilar de Queiros | Director, Vcio Strategy | Leadership |
Karen Krall | VP Of Finance | Leadership |
Tim O'Brien | Vice President Of Business Development | Leadership |
Dave Delvecchio | VP Of Marketing And Communications | Leadership |
Mark Calzone | Vice President Of Operations | Leadership |
Jeff Harris | Senior Director Of Integrations | Leadership |
Ethan Douglas | Vice President Of Client Strategy | Leadership |
Nirvani Singh | Head Of People & Culture | Leadership |
Cori Preftakes | Sr. Director Of M&a / Strategy | Leadership |
Courtney Noonan | Director Of Demand Generation | Leadership |
56 more people are available in the full profile.
Complete people profiles for Sourcepass
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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- Board tenure
- Professional contacts
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Investments & Acquisitions by Sourcepass
Sourcepass has strategically engaged in corporate development activities, having acquired 10 companies. Notable acquisitions include Big Green IT, Bridgepointe Technologies and Infinity Computer Systems.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Provider of cloud services | biggreenit.com | Rocklin, United States | 2012 | Feb 2024 | β’β’β’β’ | |
Managed IT services and solutions are provided by machineLOGIC. | machinelogic.com | Englewood, United States | 2001 | May 2023 | β’β’β’β’ | |
Cloud computing, IT security, and network management services are provided. | proxios.com | Midlothian, United States | 1999 | May 2023 | β’β’β’β’ | |
Data center, cybersecurity, and managed IT services are provided. | bridgepointetechnologies.com | San Mateo, United States | 2002 | Mar 2023 | β’β’β’β’ | |
IT service suite solutions are provided by CCSI. | ccsinet.com | Bohemia, United States | 1974 | Dec 2022 | β’β’β’β’ | |
IT suite and ERP solutions are provided for business operations. | infinityusa.com | New York, United States | 1989 | Oct 2022 | β’β’β’β’ | |
Provider of IT support services | totaltechmd.com | Towson, United States | 1995 | Jul 2022 | β’β’β’β’ | |
IT service suite solutions are provided to various clients. | ssdel.com | Wilmington, United States | 1981 | Jul 2022 | β’β’β’β’ | |
Network security, data backup, and managed IT services are provided. | suite3.com | Easthampton, United States | 1987 | Mar 2022 | β’β’β’β’ | |
IT and consulting services are provided in New York. | nst-li.com | East Northport, United States | 2000 | Mar 2022 | β’β’β’β’ |
Complete acquisition details for Sourcepass
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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- Exports
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Timeline of Sourcepass
13 dated milestones of Sourcepass across 3 years, from founding to its latest funding, stage changes and deals.
- Founded Sourcepass is founded.
- Acquisition Acquires Sourcepass.
- Funding First funding round of $70.0M.
- Acquisition Acquires Suite3.
- Acquisition Acquires SSD.
- Acquisition Acquires Total Technology Solutions.
- Acquisition Acquires Infinity Computer Systems.
- Acquisition Acquires Sourcepass GOV.
- Acquisition Acquires Bridgepointe Technologies.
- Funding Latest funding round, Series C, of $65.0M.
- Acquisition Acquires Proxios.
- Acquisition Acquires machineLOGIC.
- Acquisition Acquires Big Green IT.
Competitors of Sourcepass
Sourcepass has 3 listed competitors in our database, 1 of them funded. They include 1&1 IONOS, Genpact and Epam.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ionos.com | 1988 | Chesterbrook, United States | 134 | Cloud infrastructure and hosting services are provided by 1&1 IONOS. | ||
| genpact.com | 1997 | New York, United States | 129,140 | Provider of end-to-end business process outsourcing services | ||
| epam.com | 1993 | Newtown Square, United States | $50M | Provider of software development, data analytics, and other IT suite services |
Detailed competitors of Sourcepass
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Verified entity values are shown only after access is granted.
Web traffic of Sourcepass
The website of Sourcepass (sourcepass.com) receives about 8.4K visits a month.
- Monthly visits8.4K
▲ 18.7% vs previous month
Websites whose visitors overlap most with Sourcepass. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
techproeducation.com | techproeducation.com | 100% | #2,125,833 | β | |
securitasinc.com | securitasinc.com | 85% | #81,599 | β | |
| aus.com | 85% | 2.6M | #19,969 | View details | |
ariessecurity.com | ariessecurity.com | 41% | #10,200,848 | β |
Top companies in IT Services & Operations
3 companies that operate in the same segment as Sourcepass (IT Services & Operations) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud orchestration solutions are provided for multi-cloud and device applications. | 1998 | Palo Alto, California, United States | USD 595.83 M | USD 812.05 M | 8,861 | |
A cloud-based platform for incident management software is provided. | 2009 | San Francisco, California, United States | USD 173.6 M | USD 492.55 M | 4,473 | |
Unified IT management is delivered through a cloud-based platform. | 2004 | Santa Clara, California, United States | USD 83.7 M | USD 13.28 B | 26,290 |
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Related news about Sourcepass
Complete news archive for Sourcepass
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Frequently Asked Questions about Sourcepass
Sourcepass was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Sourcepass is headquartered in New York, United States. It is registered at New York, New York, United States.
Chuck Canton is the CEO of Sourcepass, as recorded in our data. They have also founded this company.
Sourcepass is a funded company, having raised a total of $135M across 3 funding rounds to date. The company's 1st funding round was a Series C of $70M, raised on Mar 2022.
Sourcepass was founded in 2021 in New York, United States, within the IT sector. Managed IT services and support are delivered by the company to businesses. Operations are based in the United States, focusing on technology infrastructure and solutions. Co-founders Bruce Simms and Roli Points are joined by Chuck Canton, who serves as CEO. The firm handles client IT needs in a regional context.
Sourcepass offers Managed IT Services, Cyber Security Services, Digital Transformation, Procurement Services, and NOC Services.
Sourcepass has made 10 acquisitions, including Big Green IT, Bridgepointe Technologies, and Infinity Computer Systems.
Sourcepass has 2 investors. Key investors include Metropolitan Partners Group, and Wedge Venture Partners.
