# OTHRSource

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/othrsource

- Industry: Business Support Services
- Headquarters: Atlanta, US
- Website: www.othrsource.com
- Total disclosed funding: $2M
- Latest round: Series A (Apr 12, 2021)
- Investors on record: 5

## About

Based in the US, OTHRSource, LLC operates as a provider of innovative digital solutions, focusing on enhancing operational efficiency for businesses through advanced software applications.Founded in 2017 in Atlanta, US, OTHRSource, LLC specializes in digital solutions that optimize resources and productivity for businesses. The company has successfully completed 2 deals, with its most recent deal occurring on April 12, 2021, when it raised USD 2.000 mn during its Series A funding round, drawing investment from Florida Funders, Entaire Global, Engage Ventures, EAT Investments, and CSN Investments. The founder's history is not specified in the available data.OTHRSource specializes in providing innovative digital solutions aimed at enhancing operational efficiency for businesses across various sectors. Their core product offerings include a suite of software applications designed for resource management, data analytics, and workflow optimization. These tools enable companies to streamline their processes, improve decision-making, and drive productivity. Released in phases over the past few years, these products cater primarily to small and medium-sized enterprises (SMEs) in North America and Europe, addressing common pain points such as inefficient resource allocation and data silos. OTHRSource's client base consists of diverse industries, including manufacturing, retail, and logistics, with end users ranging from operational managers to C-suite executives who utilize these tools to enhance their organizations' performance.OTHRSource generates revenue through a subscription-based model, providing clients access to its comprehensive software suite. This structure allows clients to choose from various pricing plans tailored to their specific needs, which can include monthly or annual subscriptions based on the number of users or features required. Revenue is driven by both direct-to-consumer sales as well as partnerships with third-party vendors who integrate OTHRSource's solutions into their offerings. Additionally, the company may engage in B2B transactions, where larger enterprises seek customized solutions that include implementation services and ongoing technical support. This multifaceted approach to revenue generation solidifies OTHRSource’s position within the market and supports its continued growth and product development efforts.In April 2021, OTHRSource, LLC raised USD 2.000 mn in Series A funding, which will be utilized to increase retailer alliances and marketing efforts, hire a vice president of sales, expand its sales team, and invest in technology. The company is focused on launching new products designed to further enhance its offerings but specific release dates have not been provided. OTHRSource plans to expand its market presence, targeting both North American and European regions for increased customer reach.

## Funding rounds

- Series A, Apr 12, 2021, $2M — Florida Funders, Engage Ventures, Entaire Global, CSN Investments, EAT Investments

## Investors

- Florida Funders (https://capitalatlas.ai/funds/florida-funders) — Series A
- Engage Ventures (https://capitalatlas.ai/funds/engage-ventures) — Series A
- Entaire Global — Series A
- CSN Investments — Series A
- EAT Investments — Series A