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SourceDay logo — Unified Supplier Collaboration - 100% PO Delivery and Suppli...

SourceDay

Unified Supplier Collaboration - 100% PO Delivery and Supplier Flexibility

Founded 2013 United States Austin, United States 84 employees Series C Total: $51.25M Enterprise Software, Information Technology +2

General Information

Company Name SourceDay
Founded Year 2013
Location United States Austin, United States
Founders / Decision Makers
Team member
Employees 84
Industries Enterprise Software, Information Technology, Marketplaces +1
Funding Stage Series C
Social

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About SourceDay

SourceDay, an enterprise software startup based in the United States, offers a supply chain software solution focused on Unified Supplier Collaboration. The company's mission focuses on ensuring 100% PO Delivery and Supplier Flexibility, allowing buyers and suppliers to collaborate in real time regarding price, quantity, and delivery date changes. This approach has garnered substantial results, as evidenced by SourceDay's impressive statistics. Since its founding in 2013, the company has processed a remarkable 10M PO lines and managed 11.6M PO changes, connecting over 18 thousand companies and orchestrating the receipt of 16.6B parts on-time in 2022 alone. The remarkable output has not gone unnoticed as SourceDay recently received a significant $31.50M Series C investment on 15 February 2022. The investment was led by a consortium of notable backers including Silverton Partners, Baird Capital, Draper Associates, Norwest Venture Partners, Alumni Ventures Blockchain Fund, ATX Venture Partners, and Ring Ventures. The company's performance and ability to impact manufacturers immediately with benefits such as accurate ERP data, decreased buffer stock, more on-time deliveries, and enhanced cash flow underscore its position as a compelling investment prospect in the Enterprise Software and Information Technology sectors.

Business keywords: Supply Chain Software, Supplier Collaboration, PO Delivery, ERP Data Accuracy, On-Time Deliveries, Inventory Management, Cash Flow Management, PO Change Management, Real-Time Collaboration, Supplier Flexibility, EDI Integration, Supply Chain Orchestration, Revenue Protection, Business Performance

Funding Rounds & Investors (4)

View All
Funding Stage Amount Investors Lead Investors Date
Series C $31.50M 7
Silverton Partners Baird Capital Draper Associates
Silverton Partners, Baird Capital +5
15 Feb 2022
Series B $12.50M 4
Silverton Partners Baird Capital Draper Associates
Silverton Partners, Baird Capital +2
07 Apr 2020
Series A $6.50M 3
Silverton Partners Draper Associates ATX Venture Partners
Silverton Partners, Draper Associates +1
05 Dec 2018
Convertible Note $750.00K 3
Silverton Partners Draper Associates ATX Venture Partners
Silverton Partners, Draper Associates +1
12 Nov 2015

SourceDay Alternatives & Competitors

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SourceDay vs
Flowlity
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SourceDay vs
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SourceDay vs
LeanDNA
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FAQ About SourceDay

Unified Supplier Collaboration - 100% PO Delivery and Supplier Flexibility
SourceDay was founded in 2013.
SourceDay is headquartered in Austin, United States.
SourceDay operates in Enterprise Software, Information Technology, Marketplaces and Supply Chain. Its work centres on Supply Chain Software, Supplier Collaboration, PO Delivery and ERP Data Accuracy.
SourceDay has approximately 84 employees.
SourceDay has completed 4 funding rounds, raising a total of $51.25M. The latest funding stage is Series C.
Top alternatives and competitors to SourceDay include Flowlity, Stockoss, LeanDNA, Jump Technologies, Inc., LOG-NET, Inc.. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
SourceDay and Flowlity are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for SourceDay, https://bouncewatch.com/company/sourceday, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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