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
- Website
- getsourcery.com
- 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
Ranked
32nd among 350 active competitors
Employee Count
4 as on Aug 31, 2026
Similar Companies
Exit Details
Acquired by Lavu iPad PoS (Aug 07, 2019)
Legal entities associated with Sourcery
Sourcery is associated with 1 legal entity given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Reports |
|---|---|---|---|---|
LAVU INC. CIN: 273435051 , United States, Active | Dec 31, 1999 | - | 36 (As on Dec 31, 2024) | - |
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 |
View details of Sourcery's funding rounds and investors
Sourcery's founders and board of directors
Founder? Claim ProfileThe founders of Sourcery are Naama Moran and Peretz Partensky.
Here are the details of Sourcery's key team members:
- Naama Moran: Co-Founder & CEO of Sourcery and founder of 4 other companies, including Cheetah Technologies, Cheetah and Hooja.
- Peretz Partensky: Co-Founder of Sourcery.
View details of Sourcery's Founder profiles and Board Members
Sourcery's employee count trend
Sourcery has 4 employees as of Aug 26. Here is Sourcery's employee count trend over the years:
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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:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | AvidXchange 2000, Charlotte (United States), Acquired | Accounts payable and payment automation solution for businesses | $1.18B | 73/100 | |
2nd | Financial solutions platform provider | $378M | 67/100 | ||
3rd | RapidClaims 2023, Manhattan (United States), Series A | Provider of AI-powered platform for revenue cycle management and intelligence | $11.1M | 65/100 | |
4th | Ordermentum 2014, Sydney (Australia), Public | Provider of order management software solutions for businesses | $58.9M | 64/100 | |
5th | Ottimate 2014, San Francisco (United States), Series B | Provider of AI-powered accounts payable automation software for multiple industries | $164M | 62/100 | |
6th | Provider of B2B payments solutions | $5.6M | 62/100 | ||
7th | Provider of AI, SaaS, and Fintech digital solutions and services | $192M | 62/100 | ||
8th | Ftni 2008, Omaha (United States), Acquired | Provider of cloud-based platform automating accounts receivable and payment processing | $1.12M | 62/100 | |
9th | Provider of software for invoice lifecycle management and automation processes | - | 61/100 | ||
10th | RoadSync 2015, Atlanta (United States), Series B | Accounts receivable solutions for businesses | $40M | 60/100 | |
32nd | Sourcery 2012, San Francisco (United States), Acquired | Software-based accounts payable automation solutions | $7.5M | 42/100 |
Looking for more details on Sourcery's competitors? Click here to see the top ones
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
•
Commerce and Payments Platform Sourcery Completes $5M Venture Funding RoundPR Newswire•Aug 08, 2023•Sourcery, Marker, Steadfast Financial
•
Lavu Acquires Sourcery, a Y Combinator-Backed Startup Focusing on Accounts Payable AutomationBusiness Wire•Aug 07, 2019•Lavu iPad PoS, Sourcery
•
Sourcery raised $5 million to help restaurants and food vendors deal with each other, and not lost receipts or invoicesTechCrunch+•Sep 13, 2016•Sourcery, Marker, Steadfast Capital, Palantir
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