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Sourcery - About the company

Sourcery is an acquired company based in San Francisco (United States), founded in 2012 by Naama Moran and Peretz Partensky. It operates as a Software-based accounts payable automation solutions. Sourcery has raised $7.5M in funding from Marker and Alchemist Accelerator. The company has 350 active competitors, including 40 funded and 25 that have exited. Its top competitors include companies like AvidXchange, Konfío and RapidClaims.

Company Details

Registered Address
Albuquerque, New Mexico
Key Metrics
Founded Year
2012
Location
San Francisco, United States
Stage
Acquired
Total Funding
$7.5M in 3 rounds
Latest Funding Round
Investors
Ranked
Employee Count
4 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Lavu iPad PoS (Aug 07, 2019)

Sourcery's acquisition details

Sourcery got acquired by Lavu iPad PoS on Aug 07, 2019.
Click here to take a look at Sourcery's acquisition in detail
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Sourcery's funding and investors

Sourcery has raised a total funding of $7.5M over 3 rounds. Its first funding round was on 2012. Its latest funding round was a Series A round on Sep 13, 2016 for $*****. 3 investors participated in its latest round. Sourcery has 13 institutional investors.

Here is the list of recent funding rounds of Sourcery:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Sep 13, 2016
3948166
Series A
1647299
7040648
8950032
5158385
Oct 03, 2014
6267511
Seed
9623129
2322796
7066802
5277151
2012
7256
Seed
4895
8653
3983
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Sourcery's founders and board of directors

Founder? Claim Profile
The founders of Sourcery are Naama Moran and Peretz Partensky.
Here are the details of Sourcery's key team members:

Sourcery's employee count trend

Sourcery has 4 employees as of Aug 26. Here is Sourcery's employee count trend over the years:
Employee count trend for Sourcery
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Sourcery's Competitors and alternates

Top competitors of Sourcery include AvidXchange, Konfío and RapidClaims. Here is the list of Top 10 competitors of Sourcery, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for AvidXchange
AvidXchange
2000, Charlotte (United States), Acquired
Accounts payable and payment automation solution for businesses
$1.18B
73/100
2nd
Logo for Konfío
Konfío
2014, Miguel Hidalgo (Mexico), Series E
Financial solutions platform provider
$378M
67/100
3rd
Logo for RapidClaims
RapidClaims
2023, Manhattan (United States), Series A
Provider of AI-powered platform for revenue cycle management and intelligence
$11.1M
65/100
4th
Logo for Ordermentum
Ordermentum
2014, Sydney (Australia), Public
Provider of order management software solutions for businesses
$58.9M
64/100
5th
Logo for Ottimate
Ottimate
2014, San Francisco (United States), Series B
Provider of AI-powered accounts payable automation software for multiple industries
$164M
62/100
6th
Logo for Duplo
Duplo
2021, Lagos (Nigeria), Seed
Provider of B2B payments solutions
$5.6M
62/100
7th
Logo for LayerX
LayerX
2018, Chuo City (Japan), Series B
Provider of AI, SaaS, and Fintech digital solutions and services
$192M
62/100
8th
Logo for Ftni
Ftni
2008, Omaha (United States), Acquired
Provider of cloud-based platform automating accounts receivable and payment processing
$1.12M
62/100
9th
Logo for Basware
Basware
1985, Espoo (Finland), Late Stage
Provider of software for invoice lifecycle management and automation processes
-
61/100
10th
Logo for RoadSync
RoadSync
2015, Atlanta (United States), Series B
Accounts receivable solutions for businesses
$40M
60/100
32nd
Logo for Sourcery
Sourcery
2012, San Francisco (United States), Acquired
Software-based accounts payable automation solutions
$7.5M
42/100
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Sourcery's Investments and acquisitions

Sourcery has made no investments or acquisitions yet.

Reports related to Sourcery

Here is the latest report on Sourcery's sector:

News related to Sourcery

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FAQs about Sourcery

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