Sourcepass

About

Sourcepass makes strategic acquisitions in the managed IT service space.

New York,New York,United States
251 - 500
https://sourcepass.com/

Highlights

Details

Last Funding Type: Series Unknown
Last Funding Money Raised: $70M
Industries: Information Services,Information Technology,Software
Founded date: Jan 1, 2021
Number Of Employee: 251 - 500
Operating Status: Active
Legal Name: Sourcepass, Inc.

Sourcepass engages in digitizing the way small and mid-sized businesses access innovative IT solutions by making strategic acquisitions in the IT Managed Services space. Sourcepass is committed to eliminating the challenges that SMBs face worldwide, allowing them to focus on their core business.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

1

$70M

Sourcepass has raised a total of $70M in funding over 2 rounds. Their latest funding was raised on Mar 1, 2022 from a Series Unknown round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Mar 1, 2022	Series Unknown	$70M	2	Metropolitan Partners	—	Detail

Investors

Number of Lead Investors

Number of Investors

1

2

Sourcepass is funded by 2 investors. Metropolitan Partners and Wedge Venture Partners are the most recent investors.

Investor Name	Lead Investor	Funding Round
Metropolitan Partners	Yes	Series Unknown
Wedge Venture Partners	—	Series Unknown

Employee Profiles

Number of Employee Profiles

2

Sourcepass has 2 current employee profiles, including Executive Chuck Canton

Chuck Canton

Executive

Mike Riley

Executive

Acquisition

Sourcepass has acquired 6 organizations. Their most recent acquisition was Network Solutions & Technology on Mar 2, 2022. They acquired Network Solutions & Technology for 0.

Date Company Name	Industry	Acquisition Type	Price
Mar 2, 2022 Network Solutions & Technology	Information Technology	acquisition	—	Detail
Mar 24, 2022 Suite3	Business Information Systems	acquisition	—	Detail
Jul 21, 2022 SSD Technology Partners	Computer	acquisition	—	Detail
Jul 21, 2022 Total Technology Solutions	Information Services	acquisition	—	Detail
Aug 1, 2022 Infinity Computer Systems	Business Intelligence	—	—	Detail