Sourcery Technologies

b2b fintech

STATUS: Acquired/Merged
FOUNDING YEAR: 2012
LOCATION: United States
Last Update: 19/01/2021

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About

Sourcery is developing the next generation Foodservice Commerce Platform for restaurants, caterers and corporate kitchens of all sizes. With Sourcerys foodservice expertise, easy-to-use technology, and unmatched customer support, professional food businesses trust Sourcery to make their back-of-the-houses more efficient. With Sourcery, customers spend less time shuffling paper and balancing payments, and more time delighting their customers.

MEDICI Analysis

Sourcery provides foodservice commerce platform for restaurants, caterers and corporate kitchens of all sizes. The integrated Sourcery software is a wholesale commerce platform that includes invoices and vendor payments within the same solution. The platform lets food buyers browse a list of local distributors and handles payments and orders between the two and track market trends in real-time.

Focus

PRODUCTS & SERVICES

B2B payments management platform for food industry

MAIN CLIENTS

Airbnb

Eastman

Gaspar

Chefstable

Dropbox

EXISTING PARTNERSHIPS

Partnered with accounting firms Xero

Sage

NetSuite

Quickbooks

Intacct

Dynamics GP

Momentum

FUNDED

NO

NUMBER OF FUNDING ROUNDS

2

TOTAL FUNDING

$8 M

DATE OF LAST FUNDING

May 2018

IPO STATUS

Private

ESTIMETED REVENUE RANGE

$1M to $10M

SEED & PRIOR FUNDING

$3 M

SEED CLOSED ON

Jan 2015

LISTED

NO

COMMENT

Venture funding: $2 M(Sep 2016).

company provided insights
Acquisitions

M&A

ACQUIRED BY

coinpay

ANNOUNCED DATE

Aug 2019

PRICE

---

company provided insights
Web Traffic

Web Traffic

MONTHLY VISITS

578

AVERAGE VISITS (6 MONTHS)

885.81

MONTHLY VISITS GROWTH

196.25%

VISIT DURATION

2

VISIT DURATION GROWTH

-98.17%

PAGE VIEWS VISIT

1.35

PAGE VIEWS VISIT GROWTH

-20.88%

BOUNCE RATE

82.73%

BOUNCE RATE GROWTH

34.49%

GLOBAL TRAFFIC RANK

9,163,960

MONTHLY RANK CHANGE

-11,261,967

MONTHLY RANK GROWTH

-55.14%

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