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SourceDay
AddedFeb 15, 2024
UpdatedJun 18, 2026
SourceDay

SourceDay

Series C

Sourceday, Inc. provides SaaS-based procurement and order management solutions in Texas.

HQ
Austin, TX, US
Founded
2013
Overview
Compare
Fundraising
Employees
Website

Founded in Texas, SourceDay, Inc. is a software-as-a-service (SaaS) company dedicated to optimizing procurement and purchase order management through advanced supplier collaboration solutions. Their core mission is to minimize pre-shipment supply chain issues and ensure operational efficiency with AI-powered PO Lifecycle Management. SourceDay's vision is to provide seamless and reliable supply chain operations, significantly reducing the chaos often associated with procurement processes. Their primary market focus includes mid-sized technology manufacturers and other industries reliant on timely and accurate parts delivery.

SourceDay has garnered attention from notable investors and industry leaders who recognize the transformative potential of their solutions. The company's key achievements include achieving up to 96% on-time delivery rates for their clients, a significant improvement in supply chain reliability. This impact has been particularly felt in the tech manufacturing sector, where timely part delivery is critical. By addressing up to 70% of supply chain issues before shipment, SourceDay has established itself as a vital player in the procurement and supply chain management landscape.

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SourceDay - Quick Facts

Who are SourceDay's competitors?

Companies similar to SourceDay include Datum Source, LogicSource, DispenseSource and Arkestro.

When was SourceDay founded?

SourceDay was founded in 2013.

Where is SourceDay's headquarters located?

SourceDay's headquarters is located in Austin, TX, US.

When was SourceDay's last funding round?

SourceDay's most recent funding round was for $31.5M (USD) in February 2022.

How much has SourceDay raised to-date?

As of Feb 15, 2022, SourceDay has raised a total of $57.6M (USD).

How many employees does SourceDay have?

SourceDay has 115 employees as of Feb 5, 2024.

SourceDay - Classification

Ownership
  • Private Equity
  • Venture Capital
Technology
  • AI
  • Automation
Geographic Exposure
  • United States
Revenue
  • Recurring
  • SaaS
  • Software
Customer
  • Enterprise
Main Product
  • Procurement Software
Tags
  • SaaS
  • Supply Chain
NAICS
  • 540000Professional, Scientific, and Technical Services
  • 541500Computer Systems Design and Related Services
  • 541000Professional, Scientific, and Technical Services
  • 541510Computer Systems Design and Related Services
  • 541511Custom Computer Programming Services
SIC
  • 7300Business Services
  • 7370Computer Programming, Data Processing, And Other Computer Related
  • 7371Computer Programming Services
Show 5 more industry codes
NAICS
  • 513200Software Publishers
  • 510000Information
  • 513000Publishing Industries
  • 513210Software Publishers
SIC
  • 7372Prepackaged Software