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EC Sourcing Group - About the company

EC Sourcing Group is an acquired company based in Morristown (United States), founded in 2001 by Ron Emma and Andy Caetta. It operates as an E-procurement and e-sourcing solutions provider simplifying procurement processes for businesses. The company has 126 active competitors, including 16 funded and 15 that have exited. Its top competitors include companies like Globality, Scoutbee and Fairmarkit.

Company Details

E-procurement and e-sourcing solutions provider simplifying procurement processes for businesses. They offer a suite of procurement-centric tools engineered and managed by industry experts. Their solutions include spend analysis, e-auctions, award optimization, contract management, supplier management, and workflow automation. They provide technology that empowers teams and fuels performance, offering features like implementation support, training, and an open API architecture for integrations. The company's solutions cater to various procurement spend categories, including indirect, direct, complex, and service-type events. They focus on helping organizations digitally transform their procurement processes, gain efficiency, improve results, and drive more savings. They offer cloud based SaaS solutions with features like cart, login, subscription, and pricing.
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Key Metrics
Founded Year
2001
Location
Morristown, United States
Stage
Acquired
Ranked
Employee Count
4 as on May 31, 2026
Investment & Acquisitions
Similar Companies
Exit Details
Acquired by Simfoni (Jan 10, 2022)

EC Sourcing Group's acquisition details

EC Sourcing Group got acquired by Simfoni on Jan 10, 2022.
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EC Sourcing Group's funding and investors

EC Sourcing Group has not raised any funding rounds yet.

EC Sourcing Group's founders and board of directors

Founder? Claim Profile
The founders of EC Sourcing Group are Ron Emma and Andy Caetta.
Here are the details of EC Sourcing Group's key team members:

EC Sourcing Group's employee count trend

EC Sourcing Group has 4 employees as of May 26. Here is EC Sourcing Group's employee count trend over the years:
Employee count trend for EC Sourcing Group
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EC Sourcing Group's Competitors and alternates

Top competitors of EC Sourcing Group include Globality, Scoutbee and Fairmarkit. Here is the list of Top 10 competitors of EC Sourcing Group, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Globality
Globality
2015, Palo Alto (United States), Series E
Provider of AI-driven platform for sourcing and procurement process automation
$368M
68/100
2nd
Logo for Scoutbee
Scoutbee
2015, Wurzburg (Germany), Acquired
Provider of software connecting procurement buyers with potential supply partners
$76M
59/100
3rd
Logo for Fairmarkit
Fairmarkit
2017, Boston (United States), Series C
Provider of an AI platform for automating strategic sourcing processes
$78M
58/100
4th
Logo for Keelvar Tech
Keelvar Tech
2012, Ireland, Series B
Provider of AI-native software for strategic sourcing and procurement processes
$43M
57/100
5th
Logo for LevaData
LevaData
2013, Sunnyvale (United States), Series C
Provider of AI and SaaS-based sourcing and procurement software
$64M
49/100
6th
Logo for supplier.io
supplier.io
2011, Westchester (United States), Seed
Provider of web-based supply chain sourcing solutions for businesses
-
47/100
7th
Logo for Scout RFP
Scout RFP
2013, San Francisco (United States), Acquired
Cloud-based sourcing platform
$60.9M
47/100
8th
Logo for ProcureShip
ProcureShip
2015, Athens (Greece), Seed
Cloud-based procurement platform
-
46/100
9th
Logo for Bonfire Interactive
Bonfire Interactive
2011, Waterloo (Canada), Acquired
Supplier sourcing solution provider
$11.1M
44/100
10th
Logo for PAVUS
PAVUS
2024, New York (United States), Seed
Provider of AI-powered platform to optimize sourcing and procurement processes
$5.2M
44/100
60th
Logo for EC Sourcing Group
EC Sourcing Group
2001, Morristown (United States), Acquired
E-procurement and e-sourcing solutions provider simplifying procurement processes for businesses
-
-
23/100
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EC Sourcing Group's Investments and acquisitions

EC Sourcing Group has acquired Bid Mode. EC Sourcing Group has not made any investments as of now.

Reports related to EC Sourcing Group

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News related to EC Sourcing Group

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