How Much Did Source One Spares Raise?
Funding & Key Investors

Source One Spares has secured $1M in total capital, with its most recent financing round bringing in $650K. This significant enterprise-level funding, characterized as a major strategic investment, underscores the company's established position and future growth potential in the aviation support sector.

The company's financial history, marked by previous debt financing rounds totaling $1 billion, indicates a pattern of strategic capital acquisition to fuel its operations and expansion.

What is Source One Spares?

Source One Spares
ManufacturingAerospace & DefenseAutomobile Parts Stores

Source One Spares is a key provider of high-quality refurbished aircraft components and comprehensive logistics support, serving government, commercial, and regional aviation clients. The company excels in sourcing difficult-to-find parts and delivering tailored solutions, including inventory management and repair coordination. Their commitment to reliability and quality aims to minimize operational downtime and ensure readiness. A dedicated 24/7 Technical Support Team assists clients with part interchangeability and compliance data, reinforcing their role as a critical partner in aviation maintenance and operations.

How much funding has Source One Spares raised?

Source One Spares has raised a total of $1M across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$650K

Debt (2020): $350K with participation from PPP

Debt (2021): $650K led by PPP

Key Investors in Source One Spares

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Source One Spares?

The recent major strategic investment signifies a pivotal moment for Source One Spares, likely enabling the company to scale its operations, enhance its inventory of refurbished aircraft components, and potentially expand its logistics support services. This capital infusion is expected to bolster its capacity to meet the demands of its diverse clientele, including government and commercial aviation sectors. The company's focus on sourcing hard-to-find parts and providing robust technical support positions it for continued growth and market leadership in a sector that prioritizes reliability and efficiency.

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Frequently Asked Questions Regarding Source One Spares Financial Insights

What are the most recent funding rounds that Source One Spares has completed, and what were the funding rounds?
Source One Spares has recently completed 2 funding rounds: Debt on Jan 22, 2021, Debt on Apr 12, 2020.
What is the total amount of funding Source One Spares has raised to date?
Source One Spares has raised a total of $1M in funding to date.
How many funding rounds has Source One Spares completed?
Source One Spares has completed 2 funding rounds.
How much funding did Source One Spares raise in its most recent funding round?
Source One Spares raised $650K in its most recent funding round.
Who are the lead investors in Source One Spares's latest funding round?
The lead investor in Source One Spares's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Source One Spares's history?
The largest funding round in Source One Spares's history was $650K.
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