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.
- Website
- www.ecsourcinggroup.com/
Key Metrics
Founded Year
2001
Location
Morristown, United States
Stage
Acquired
Ranked
60th among 126 active competitors
Employee Count
4 as on May 31, 2026
Investment & Acquisitions
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.
Click here to take a look at EC Sourcing Group's acquisition in detail
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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 ProfileThe founders of EC Sourcing Group are Ron Emma and Andy Caetta.
Here are the details of EC Sourcing Group's key team members:
- Ron Emma: Co-Founder & CMO of EC Sourcing Group and founder of 1 other company.
- Andy Caetta: Co-Founder & COO of EC Sourcing Group and founder of 1 other company.
View details of EC Sourcing Group's Founder profiles and Board 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:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Globality 2015, Palo Alto (United States), Series E | Provider of AI-driven platform for sourcing and procurement process automation | $368M | 68/100 | |
2nd | Provider of software connecting procurement buyers with potential supply partners | $76M | 59/100 | ||
3rd | Fairmarkit 2017, Boston (United States), Series C | Provider of an AI platform for automating strategic sourcing processes | $78M | 58/100 | |
4th | Keelvar Tech 2012, Ireland, Series B | Provider of AI-native software for strategic sourcing and procurement processes | $43M | 57/100 | |
5th | LevaData 2013, Sunnyvale (United States), Series C | Provider of AI and SaaS-based sourcing and procurement software | $64M | 49/100 | |
6th | supplier.io 2011, Westchester (United States), Seed | Provider of web-based supply chain sourcing solutions for businesses | - | 47/100 | |
7th | Scout RFP 2013, San Francisco (United States), Acquired | Cloud-based sourcing platform | $60.9M | 47/100 | |
8th | ProcureShip 2015, Athens (Greece), Seed | Cloud-based procurement platform | - | 46/100 | |
9th | Bonfire Interactive 2011, Waterloo (Canada), Acquired | Supplier sourcing solution provider | $11.1M | 44/100 | |
10th | PAVUS 2024, New York (United States), Seed | Provider of AI-powered platform to optimize sourcing and procurement processes | $5.2M | 44/100 | |
60th | 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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