SOURCE Overview
- Year Founded
-
2014

- Status
-
Private
- Employees
-
160

- Latest Deal Type
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Series D
- Latest Deal Amount
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$130M
- Investors
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22
SOURCE General Information
Description
Developer of a hydro panel technology designed to provide safe, clean drinking water for industrial, commercial, residential and community applications. The company's technology utilizes advanced materials science to pull water from even the driest conditions, producing pure water that is mineralized and delivered to various taps, enabling individuals and businesses to get clean water essentially anywhere.
Contact Information
Website
www.source.coCorporate Office
- 1465 North Scottsdale Road
- Suite 600
- Scottsdale, AZ 85257
- United States
Corporate Office
- 1465 North Scottsdale Road
- Suite 600
- Scottsdale, AZ 85257
- United States
SOURCE Valuation & Funding
Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
---|---|---|---|---|---|---|
10. Later Stage VC (Series D) | 19-Jul-2022 | $130M | Completed | Generating Revenue | ||
9. Later Stage VC (Series C1) | 24-Aug-2020 | Completed | Generating Revenue | |||
8. Grant | 18-Sep-2019 | Completed | Generating Revenue | |||
7. Early Stage VC | 29-Oct-2018 | Completed | Generating Revenue | |||
6. Early Stage VC (Series B1) | 20-Mar-2018 | Completed | Generating Revenue | |||
5. Early Stage VC (Series B) | 21-Oct-2016 | Completed | Generating Revenue | |||
4. Early Stage VC (Series A1) | 25-Mar-2016 | Completed | Generating Revenue | |||
3. Early Stage VC (Series A) | 18-Nov-2015 | Completed | Generating Revenue | |||
2. Accelerator/Incubator | Completed | Generating Revenue | ||||
1. Accelerator/Incubator | Completed | Startup |
SOURCE Cap Table
Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
---|---|---|---|---|---|---|---|---|
Series D | ||||||||
Series C1 | ||||||||
Series C | ||||||||
Series B1 | ||||||||
Series B | ||||||||
Series A1 | 345,901 | $0.000100 | $1.91 | $1.91 | 1x | $1.91 | 1.34% | |
Series A | 2,620,545 | $0.000100 | $1.91 | $1.91 | 1x | $1.91 | 10.14% |
VC Exit Predictor
See how our proprietary methodology utilizes historical data sets to synthesize the likelihood of an acquisition, IPO, or no exit event. Get a detailed look at the calculations behind our predictions.
SOURCE Patents
SOURCE Recent Patent Activity
Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
---|---|---|---|---|---|
AU-2023203951-A1 | Systems and methods for generating water from air | Pending | 23-Jun-2022 | ||
US-20230415067-A1 | Systems and methods for generating water from air | Pending | 23-Jun-2022 | ||
US-20230304270-A1 | Systems and methods for generating water from air | Pending | 22-Mar-2022 | ||
AU-2023238748-A1 | Systems and methods for generating water from air | Pending | 22-Mar-2022 | ||
US-20230113840-A1 | Systems and methods for water production, treatment, adjustment and storage | Pending | 08-Oct-2021 | C02F1/008 |
SOURCE Signals
SOURCE Investors (22)
Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
---|---|---|---|---|
AF Ventures | Growth/Expansion | Minority | ||
Drawdown Fund | Growth/Expansion | Minority | ||
Fifth Wall | Venture Capital | Minority | ||
Gr8day Investments | Venture Capital | Minority | ||
Harvard Management Company | Limited Partner | Minority |
SOURCE Investments & Acquisitions (2)
SOURCE’s most recent deal was a Merger/Acquisition with Proud Source. The deal was made on 08-Mar-2023.
Company Name | Deal Date | Deal Type | Deal Size | Industry | Lead Partner |
---|---|---|---|---|---|
Proud Source | 08-Mar-2023 | Merger/Acquisition | Beverages | ||
Strella | 01-Dec-2018 | Grant | Business/Productivity Software |
Affiliates
Subsidiaries (1)
Name | Industry | Location | Year Founded |
---|---|---|---|
Proud Source | Boise, ID | 2015 |
SOURCE FAQs
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When was SOURCE founded?
SOURCE was founded in 2014.
-
Where is SOURCE headquartered?
SOURCE is headquartered in Scottsdale, AZ.
-
What is the size of SOURCE?
SOURCE has 160 total employees.
-
What industry is SOURCE in?
SOURCE’s primary industry is Other Consumer Durables.
-
Is SOURCE a private or public company?
SOURCE is a Private company.
-
What is the current valuation of SOURCE?
The current valuation of SOURCE is
. -
What is SOURCE’s current revenue?
The current revenue for SOURCE is
. -
How much funding has SOURCE raised over time?
SOURCE has raised $237M.
-
Who are SOURCE’s investors?
AF Ventures, Drawdown Fund, Fifth Wall, Gr8day Investments, and Harvard Management Company are 5 of 22 investors who have invested in SOURCE.
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