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Alpha Source

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A Milwaukee-based provider of medical equipment solutions like maintenance and battery manufacturing

Milwaukee, United StatesFounded 1986Health Tech & Medtech
Valuation $100–250M Last recorded · 2018
Headcount <100 Current team size
Total funding $10–50M Disclosed equity funding
Unlock exact values This page shows ranges. Dealroom has the exact numbers for Alpha Source and the history behind them.

About Alpha Source

Alpha Source is a global distributor specializing in medical equipment and parts, serving the healthcare market. The company operates under a robust Quality Management System (QMS) certified to ISO 13485:2016 standards, ensuring that all products meet international quality benchmarks. Alpha Source caters to a diverse clientele, including hospitals, clinics, and government entities, providing them with reliable and high-quality medical devices and parts. The business model revolves around sourcing and distributing medical equipment, including hard-to-find parts for end-of-service-life (EOSL) devices, from major manufacturers like GE Healthcare, Covidien, and Welch Allyn. Revenue is generated through the sale of these products, with a commitment to same-day shipping for in-stock items, enhancing customer satisfaction and operational efficiency. The company also offers specialized services for government and military purchasers through its Government Sales team and GSA Schedule. Alpha Source's international team is available to assist customers worldwide, ensuring seamless service and support. The company's adherence to FDA GMP requirements further underscores its commitment to quality and reliability in the medical device industry.

Source: Dealroom company data

At a glance

Status
Acquired
Founded
1986
Headquarters
Milwaukee, United States
Employees
33
Open positions
None listed
Dealroom signal
61.8/100
Industry
Health
Sub-industry
Medical Devices
Sector
Health Tech & Medtech, Patient Care, Battery
Technology
Big Data, Deep Tech, Computer Vision
Client focus
b2b
Investment activity
2 companies, latest Nov 2017
Capital deployed
—
Preferred round
ACQUISITION

Funding history

3 recorded events

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
ACQUISITION✓Exit Dec 2023 $0 — Probo Medical ↗
SEED✓Equity / VC Oct 2018 $42M $166M Undisclosed —
Showing the latest 2 of 3 recorded eventsBook a demo for the full funding history →

Growth signals

Alpha Source website traffic

Latest recorded traffic for Alpha Source is 1.7K monthly website visits, down 66.7% over the last three months. Alpha Source's team declined 51.5% over the past year.

Latest monthly visits1.7K 3-month web change-66.7% 1-year team growth-51.5%
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Closest operating peers by Dealroom taxonomy

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Investors

2 investors on the cap table

From Dealroom's funding and investor records, grouped by the round each investor first entered.

Other known investors2 additional known investors

  • Baird Capital
  • Probo Medical
Team profiled 3 named & role-tagged
Founders Hidden — book a demo/100 quality score
Key operators Hidden — book a demo quality score
Potential founders Hidden — book a demo likely future founders
Startup mafia Hidden — book a demo alumni-founded startups
Talent movements Hidden — book a demo in · Hidden — book a demo out past 12 months

Source: Dealroom Talent Intelligence.

Global footprint

Workforce and web traffic by country
Workforce by country
1 countries with
team presence
🇺🇸 United States100%
1 country shown

Market sentiment

Posts on X, past 7 days

An AI-synthesised read of the highest-engagement posts about Alpha Source on X, ranked by likes and reposts, corporate channels excluded.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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