Sourcepass Raises Additional $65M in Funding

Sourcepass

Sourcepass, an East Northport, NY-based IT Services and Cybersecurity provider, raised additional $65M in funding.

The round brought the total amount to $135M. Metropolitan Partners Group, a private investment firm based in NYC, has been a key player in Sourcepass’ funding.

The company intends to use the funds to supports its strategic objectives, including the acquisition of Proxios, which expands their physical presence in the mid-Atlantic states, while broadening their client base in the healthcare, legal, and non-profit sectors. 

Led by Chuck Canton, CEO and Founder, Sourcepass is an IT Services and Cybersecurity provider. In 2023, the company has launched Quest, an innovative consumption platform powered by AI. Additionally, Sourcepass plans to continue their expansion with a series of strategic acquisitions throughout the year, aimed at increasing their vertical markets and bolstering their portfolio of services and talent resources.

FinSMEs

03/05/2023