When was Sourcery Technologies founded?

Sourcery Technologies was founded in 2018 and raised its 1st funding round 3 years after it was founded.

Where is Sourcery Technologies located?

Sourcery Technologies is headquartered in United Kingdom.

Who is the current CEO of Sourcery Technologies?

Brendan Maginnis of Sourcery Technologies. They have also founded 1 company.

Which legal entities is Sourcery Technologies associated with?

Sourcery Technologies is associated with SOURCERY.AI LIMITED.

How many employees does Sourcery Technologies have?

As of Mar 31, 2025, the latest employee count at Sourcery Technologies is 3.

Is Sourcery Technologies a funded company?

Sourcery Technologies is a funded company, having raised a total of $1.87M across 2 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on May 03, 2021.

How much is Sourcery Technologies worth?

The latest valuation of Sourcery Technologies is £***** as of Oct 12, 2021.

When was the latest funding round of Sourcery Technologies?

Sourcery Technologies' latest funding was a $***** Seed round on Jan 14, 2022, with participation from 6 investors. Its primary sector is Application Development Tools. Globally, the Application Development Tools sector has seen $3.29B in funding in 2026 to date.

Where does Sourcery Technologies rank among its competitors?

Sourcery Technologies ranks 16th amongst 332 active competitors, of which 43 are funded. It stands 10th in terms of total funding among its competitors. The most recent competitor to raise funding was Greptile, which secured $40M in Aug, 2026.

Who are the top competitors of Sourcery Technologies?

Sourcery Technologies' top competitors include Semgrep, Code Metal and CodeRabbit. Among them, Greptile secured the most recent funding round in August, 2026.

Sourcery Technologies - 2026 Company Profile, Team, Funding, Competitors & Financials

Company Details

Platform offering code review software. It works by automatically refactoring code in IDE. It also runs in the background and suggests real-time improvements, simplifies conditionals, and writes code. It leverages AI technology for automating code refactoring.

Website: www.sourcery.ai/
Social
Email ID: *****@sourcery.ai

Key Metrics

Founded Year

2018

Location

United Kingdom

Stage

Seed

Total Funding

$1.87M in 2 rounds

Latest Funding Round

Seed, Jan 14, 2022, $*****

Post Money Valuation

£***** as on Oct 12, 2021

Investors

Techstars & 21 more

Ranked

16^th among 332 active competitors

Employee Count

3 as on Mar 31, 2025

Similar Companies

Semgrep & 382 more

View Sourcery Technologies' full profile

Sourcery Technologies is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Reports
SOURCERY.AI LIMITED CIN: 11158247 , United Kingdom, Active	Jan 18, 2018	-	3 (As on Mar 31, 2025)

Sourcery Technologies has raised a total funding of $1.87M over 2 rounds. Its first funding round was on May 03, 2021. Its latest funding round was a Seed round on Jan 14, 2022 for $*****. 6 investors participated in its latest round. Sourcery Technologies has 10 institutional investors and 12 angel investors.

Here is the list of recent funding rounds of Sourcery Technologies:

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jan 14, 2022	8592104	Seed	7103555	8124121	7280279	4259708
May 03, 2021	4104212	Seed	9703696	7227262	Techstars	9038174

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View details of Sourcery Technologies's funding rounds and investors

The founders of Sourcery Technologies are Brendan Maginnis and Nicholas Thapen. Brendan Maginnis is the CEO of Sourcery Technologies.

Here are the details of Sourcery Technologies' key team members:

Brendan Maginnis: Co-Founder & CEO of Sourcery Technologies.
Contact Info: 1 email address
Nicholas Thapen: Co-Founder of Sourcery Technologies.
Contact Info: 1 email address

View details of Sourcery Technologies's Founder profiles and Board Members

Sourcery Technologies' employee count trend

Sourcery Technologies has 3 employees as of Mar 25. The total employee count is 25.0% lower than what it was in Mar 24. Here is Sourcery Technologies's employee count trend over the years:

Employee count trend for Sourcery Technologies

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Top competitors of Sourcery Technologies include Semgrep, Code Metal and CodeRabbit. Here is the list of Top 10 competitors of Sourcery Technologies, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	Semgrep 2017, San Francisco (United States), Series D	Platform offering code analysis and review solutions	$193M	Redpoint Ventures, Felicis Ventures & 4 others	68/100
2nd	Code Metal 2023, Boston (United States), Series B	Provider of AI-powered solutions for automated code translation and edge deployment	$184M	Salesforce Ventures, Shield Capital & 11 others	66/100
3rd	CodeRabbit 2023, San Francisco (United States), Series C	AI powered code review platform	$231M	Atomico, Smash Capital & 14 others	64/100
4th	Qodo 2022, Tel Aviv (Israel), Series B	AI powered code generation platform	$120M	Susa Ventures, Qumra Capital & 11 others	63/100
5th	Rogue Wave 1989, Louisville (United States), Acquired	DevOps solutions for software quality, version control, and automation	-	Rally Ventures, Audax Private Equity & 3 others	62/100
6th	Codacy 2012, Lisbon (Portugal), Series B	Platform offering automated code review solution	$29.9M	Join Capital, EQT & 11 others	61/100
7th	Sonar 2008, Vernier (Switzerland), Series D	Developer of static code analysis tools for continuous code inspection	$458M	General Catalyst, Advent International & 4 others	60/100
8th	Greptile 2021, San Francisco (United States), Series B	AI powered code search and explainer platform	$85.5M	Initialized Capital, Y Combinator & 2 others	58/100
9th	Codeant AI 2023, San Francisco (United States), Seed	Provider of an AI code health platform for code review	$2.5M	Y Combinator, vitalstage ventures & 6 others	56/100
10th	Embold 2008, Frankfurt Am Main (Germany), Series A	Saas based code review and analytics platform	$2.75M	Capnamic Ventures, EIC Fund & 7 others	56/100
16th	Sourcery Technologies 2018, United Kingdom, Seed	Platform offering code review software	$1.87M	Molten Ventures, Acequia Capital & 20 others	49/100