Where is Sourceit located?

Sourceit is headquartered in Melbourne, Australia.

How many employees does Sourceit have?

As of Apr 30, 2026, the latest employee count at Sourceit is 4.

Is Sourceit a funded company?

Sourceit is a funded company, having raised a total of $***** in its 1st and only funding round.

Where does Sourceit rank among its competitors?

Sourceit ranks 143rd amongst 207 active competitors, of which 41 are funded. It stands 11th in terms of total funding among its competitors. The most recent competitor to raise funding was SkySelect, which secured $9M in Mar, 2026.

Who are the top competitors of Sourceit?

Sourceit's top competitors include Coupa, Zaggle and Bizongo. Among them, SkySelect secured the most recent funding round in March, 2026.

Sourceit - 2026 Company Profile, Team & Competitors

Company Details

Sourceit is a provider of cloud-based source-to-pay software. It enables RFQ creation and management, sourcing, procurement, inventory visibility, file sharing and collaboration with suppliers, bidding automation, compliance management, rate card pricing, supplier response comparison and documentation. Its clients include Gateway, Thumbprint and Ennis.

Website: sourceithq.com
Social
Email ID: *****@sourceithq.com
Phone Number: +61 **********

Key Metrics

Founded Year

2010

Location

Melbourne, Australia

Stage

Unfunded

Ranked

143^rd among 207 active competitors

Employee Count

4 as on Apr 30, 2026

Similar Companies

Coupa & 258 more

View Sourceit's full profile

Sourceit is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SOURCEITHQ PTY LTD CIN: 609743197 , Australia, Active	Dec 08, 2015	-	-	-

Sourceit has not raised any funding rounds yet.

Sourceit's employee count trend

Sourceit has 4 employees as of Apr 26. Here is Sourceit's employee count trend over the years:

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Top competitors of Sourceit include Coupa, Zaggle and Bizongo. Here is the list of Top 10 competitors of Sourceit, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Coupa 2006, San Mateo (United States), Acquired	Provider of cloud-based business spend management platform leveraging AI to help companies achieve visibility, control, and optimization of total spend	$169M	Meritech, Crosslink Capital & 18 others	87/100
2nd	Zaggle 2011, Hyderabad (India), Public	Platform designed to streamline business spends, payments, and rewards through automated and innovative workflows	$13.7M	Bengal Finance and Investment, Ventureast ... & 36 others	84/100
3rd	Bizongo 2015, Mumbai (India), Series E	Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions	$307M	Schroders Capital, Accel & 30 others	77/100
4th	Airbase 2017, San Francisco (United States), Acquired	Provider of a platform integrating human resources, finance, and information technology	$91M	Bain Capital Ventures, First Round Capital ... & 21 others	72/100
5th	Procurify 2012, Vancouver (Canada), Series C	SaaS-enabled end-to-end spend management software	$82.5M	Information Venture Partners, Ten Coves Capital ... & 22 others	69/100
6th	GEP 1999, Clark (United States), Unfunded	Cloud-based procurement-to-pay solutions	-	-	68/100
7th	Dice 2018, Pune (India), Acquired	Provider of spend management and digital commerce platform for enterprises	$6.55M	IIT Mandi Catalyst, Dallas Venture Capital ... & 13 others	68/100
8th	Proactis 1996, Wetherby (United Kingdom), Acquired	Provider of cloud-based spend management and e-procurement software	-	Eiffel Investment Group, HSBC & 2 others	67/100
9th	SkySelect 2011, San Francisco (United States), Series A	Provider of an AI-powered platform for aircraft parts procurement and sourcing	$9M	Verb Ventures, The Rock Creek Group & 12 others	64/100
10th	Tropic 2020, New York City (United States), Series B	Provider of cloud-based procurement management solutions	$67.1M	Founder Collective, Insight Partners & 12 others	62/100
143rd	Sourceit 2010, Melbourne (Australia), Unfunded	Provider of cloud-based source-to-pay software	-	-	24/100