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Sourcepass - About the company

Sourcepass is a series C company based in New York City (United States), founded in 2021 by Bruce Simms. It operates as a Provider of IT services. Sourcepass has raised $135M in funding from Metropolitan Partners Group and Wedge Venture Partners. The company has 141040 active competitors, including 985 funded and 7777 that have exited. Its top competitors include companies like IBM, UST and Infosys.

Company Details

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Key Metrics
Founded Year
2021
Location
New York City, United States
Stage
Series C
Total Funding
$135M in 3 rounds
Latest Funding Round
Ranked
Employee Count
335 as on Sep 30, 2026
Investment & Acquisitions
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Sourcepass's funding and investors

Sourcepass has raised a total funding of $135M over 3 rounds. Its first funding round was on Mar 05, 2022. Its latest funding round was a Series C round on May 04, 2023 for $*****. 1 investor participated in its latest round. Sourcepass has 2 institutional investors.

Here is the list of recent funding rounds of Sourcepass:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
May 04, 2023
6919394
Series C
7065977
9385729
7834836
4796576
Mar 05, 2022
3043877
Series C
7867593
8949190
8362570
4411078
Mar 05, 2022
7157924
Conventional Debt
8643063
7320378
2490816
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Sourcepass' founders and board of directors

Founder? Claim Profile
The founders of Sourcepass is Bruce Simms.
Here are the details of Sourcepass' key team members:

Sourcepass' employee count trend

Sourcepass has 335 employees as of Sep 26. Here is Sourcepass's employee count trend over the years:
Employee count trend for Sourcepass
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Sourcepass's Competitors and alternates

Top competitors of Sourcepass include IBM, UST and Infosys. Here is the list of Top 10 competitors of Sourcepass, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for IBM
IBM
1911, Armonk (United States), Public
Provider of hybrid cloud, artificial intelligence, and IT consulting services
-
77/100
2nd
Logo for UST
UST
1999, Aliso Viejo (United States), Late Stage
Provider of data analytics, cloud modernization, management strategy, and digital transformation services
$250M
76/100
3rd
Logo for Infosys
Infosys
1981, Bengaluru (India), Public
Provider of consulting, data analytics, and IT services
-
75/100
4th
Logo for Virtusa
Virtusa
1996, Westborough (United States), Acquired
IT services company
$45.2M
74/100
5th
Provider of edge-to-cloud solutions, products, and services for enterprise organizations
-
74/100
6th
Logo for Happiest Minds Technologies
Happiest Minds Technologies
2011, Bengaluru (India), Public
Provider of IT suite services
$64.8M
73/100
7th
Logo for Datamatics
Datamatics
1975, Mumbai (India), Public
Provider of digital technologies, business process management, analytics, and automation services
$3M
73/100
8th
Logo for Mindtree
Mindtree
1999, Bengaluru (India), Acquired
Consulting and implementations company
$23.9M
73/100
9th
Logo for Sutherland
Sutherland
1986, Pittsford (United States), Late Stage
Provider of business process and technology management services
$60M
73/100
10th
Logo for Accenture
Accenture
1989, Dublin (Ireland), Public
Provider of IT consulting, technology, and outsourcing services
-
73/100
340th
Logo for Sourcepass
Sourcepass
2021, New York City (United States), Series C
Provider of IT services
$135M
48/100
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Sourcepass's Investments and acquisitions

Sourcepass has not made any investments yet. Sourcepass has made 11 acquisitions.
Here is the list of latest three $acquisitions:lockFilter this list
Date of Investment/Acquisition
Type
Company Name
Founded Year
Location
Feb 29, 2024
Acquisition
2012
Rocklin (United States)
May 31, 2023
Acquisition
2001
Englewood (United States)
May 08, 2023
Acquisition
1999
Midlothian (United States)
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Reports related to Sourcepass

Here is the latest report on Sourcepass's sector:

News related to Sourcepass

lockFilter this list
Media has covered Sourcepass for 1 event in last 1 year, It was about partnerships.
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FAQs about Sourcepass

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