Sourceful - About the company
Sourceful is a series A company based in London (United Kingdom), founded in 2020 by Shiran Zheng. It operates as a Provider of web-based sustainable sourcing platform. Sourceful has raised $31.8M in funding from Index Ventures. The company has 33 active competitors, including 2 funded and 2 that have exited. Its top competitors include companies like Hoover's, Kite and Toshi.
Company Details
Sourceful provides a web-based sustainable sourcing platform. The platform helps businesses to customize their sustainable products, track carbon footprints, and make designs with real-time data. It also provides carbon offset and sustainability reports to upgrade sourcing and auto stocks. It helps in managing the business through supplier curation, aggregated logistics, and supply chain reliability.
- Website
- www.sourceful.com/
Key Metrics
Founded Year
2020
Location
London, United Kingdom
Stage
Series A
Total Funding
$31.8M in 2 rounds
Latest Funding Round
Investors
Ranked
1st among 33 active competitors
Employee Count
65 as on Sep 30, 2026
Legal entities associated with Sourceful
Sourceful is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
Sourceful Ltd CIN: 11260656 , United Kingdom, Active | Mar 15, 2018 | - | 6 (As on Apr 30, 2020) |
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Sourceful's funding and investors
Sourceful has raised a total funding of $31.8M over 2 rounds. Its first funding round was on Sep 13, 2021. Its latest funding round was a Series A round on Mar 29, 2022 for $*****. 3 investors participated in its latest round. Sourceful has 9 institutional investors and 31 angel investors.
Here is the list of recent funding rounds of Sourceful:
Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
Mar 29, 2022 | 3974283 | Series A | 6489748 | 9294120 | 6481700 | 5677562 |
Sep 13, 2021 | 3807683 | Seed | 5686806 | 1606270 |
View details of Sourceful's funding rounds and investors
Sourceful's founders and board of directors
Founder? Claim ProfileThe founders of Sourceful is Shiran Zheng. Wing Yung Chan is the CEO of Sourceful.
Here are the details of Sourceful's key team members:
- Shiran Zheng: Co-Founder of Sourceful. They serve on the board of 1 company.
- Wing Yung Chan: CEO of Sourceful.
Sourceful's Board of Directors
Sourceful's board has 3 active members. Shiran Zheng and Wing Yung Chan are part of team and Daniel Hillel Rimer is independent board member.Here is the list of Sourceful's board of directors:
Name | Type | Representing | Status | Duration |
|---|---|---|---|---|
Team | - | Current | 8y 6m | |
vghaulk | Team | - | Current | 4y 1m |
Independent board member | - | Current | 5y 7m | |
dl{{qps | Independent board member | - | Past | 3y 9m |
View details of Sourceful's Founder profiles and Board Members
Sourceful's employee count trend
Sourceful has 65 employees as of Sep 26. Here is Sourceful's employee count trend over the years:
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Sourceful's Competitors and alternates
Top competitors of Sourceful include Hoover's, Kite and Toshi. Here is the list of Top 10 competitors of Sourceful, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Sourceful 2020, London (United Kingdom), Series A | Provider of web-based sustainable sourcing platform | $31.8M | 54/100 | |
2nd | Hoover's 1990, Austin (United States), Acquired | Business listing portal | $20.7M | 44/100 | |
3rd | Kite 2001, Coventry (United Kingdom), Unfunded | E-distributor offering multi-category packaging products | - | - | 38/100 |
4th | Toshi 2015, London (United Kingdom), Deadpooled | Provider of last-mile delivery services for fashion web stores | $9.87M | 34/100 | |
5th | Ideon 2013, Hyde (United Kingdom), Unfunded | E-distributor of packaging solutions | - | - | 30/100 |
6th | We Are Pop Up 2012, Bristol (United Kingdom), Seed | Short-term retail marketplace | $636K | 30/100 | |
7th | Tiny Box Company 2007, Uckfield (United Kingdom), Unfunded | Provider of wholesale gift boxes, jewellery packaging, and related packaging accessories | - | - | 29/100 |
8th | Priory 1989, Kent (United Kingdom), Early Stage | Online distributor of packaging supplies | $337K | 28/100 | |
9th | Ampulla 2006, Hyde (United Kingdom), Unfunded | Online supplier of packaging products | - | - | 24/100 |
10th | The Vacuum Pouch 1990, Bury (United Kingdom), Unfunded | E-distributor of packaging products & services | - | - | 24/100 |
Looking for more details on Sourceful's competitors? Click here to see the top ones
Sourceful's Investments and acquisitions
Sourceful has made no investments or acquisitions yet.
Reports related to Sourceful
Here is the latest report on Sourceful's sector:
News related to Sourceful
Media has covered Sourceful for 1 event in last 1 year, It was about partnerships.
•
eComplete Partners with Sourceful to build AI-Native Creative Operations Across PortfolioAccess Newswire•Nov 18, 2025•eComplete, Sourceful
•
•
Sourceful develops AI packaging tool to aid small firms and start-upsPackaging News•Aug 03, 2023•Sourceful
•
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Sustainable supply chain startup Sourceful delivered £15m funding packageUKTN•Mar 28, 2022•Sourceful, Index Ventures, Coatue, Eka Ventures and 3 others
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