SOURCE Global, PBC

Power & UtilitiesSeries DScottsdale, USsource.co

Latest round

Series D

Last raised

Apr 2022

Total raised

$181M

Investors

11

About SOURCE Global, PBC

Founded in 2014 and headquartered in Scottsdale, US, SOURCE Global, PBC specializes in sustainable water technology. The company was established by Cody Friesen, who has a background in developing eco-friendly technologies.SOURCE Global specializes in innovative drinking water solutions through its flagship product, the SOURCE® drinking water system. This system utilizes patented Hydropanel® technology to extract water vapor from the atmosphere, harnessing solar energy to convert it into liquid water, which is then mineralized for enhanced health benefits and taste. The core function of this product addresses critical water supply challenges, particularly in rural, off-grid areas, and regions lacking reliable access to clean drinking water, such as small islands in the Philippines and remote communities globally. The company serves a diverse customer base, including residential homeowners, community organizations, and commercial entities, offering scalable solutions that can be tailored for various environments and sizes.SOURCE Global generates revenue through a business model that includes both direct-to-consumer sales and partnerships with community organizations and commercial entities. The company’s primary offerings, including the SOURCE drinking water system, fulfill the urgent demand for sustainable water solutions across various demographics. Clients typically engage with SOURCE by purchasing the Hydropanel systems, which involve upfront costs along with potential subscription services for maintenance and support. SOURCE Global is focused on expanding its product offerings and entering new markets to address growing water scarcity challenges worldwide.

Who invested in SOURCE Global, PBC

11 investors across 2 rounds

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Funding rounds

  1. Series D

    Apr 14, 2022

    Amount

    $109M

    Investors

    Locked

  2. Series C

    Aug 23, 2020

    Amount

    $72M

    Investors

    Locked

Questions about SOURCE Global, PBC

Who invested in SOURCE Global, PBC?

SOURCE Global, PBC has 11 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has SOURCE Global, PBC raised?

SOURCE Global, PBC has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did SOURCE Global, PBC last raise money?

SOURCE Global, PBC's most recent round on record is a Series D, in Apr 2022.

What does SOURCE Global, PBC do?

Founded in 2014 and headquartered in Scottsdale, US, SOURCE Global, PBC specializes in sustainable water technology.

Where is SOURCE Global, PBC headquartered?

SOURCE Global, PBC is headquartered in Scottsdale, US.

Which VCs invest in companies like SOURCE Global, PBC?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back power & utilities companies at SOURCE Global, PBC's stage. Their profiles are linked below.

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