What is LogicSource?
LogicSource is dedicated to transforming the landscape of sourcing and procurement. The company provides advanced business solutions designed to enable organizations to buy more effectively and achieve greater profitability. By leveraging innovative strategies and technology, LogicSource empowers businesses to optimize their spending and streamline their procurement processes, positioning itself as a key player in the operational efficiency sector.
How much funding has LogicSource raised?
LogicSource has raised a total of $226.3M across 9 funding rounds:
Private Equity
$10.2M
Unspecified
$2M
Private Equity
$13M
Private Equity
$1.3M
Unspecified
$2M
Series B
$5.8M
Debt
$2M
Private Equity
$180M
Private Equity (2009): $10.2M led by Bain Capital Ventures
Unspecified (2012): $2M, investors not publicly disclosed
Private Equity (2013): $13M featuring Bain Capital Ventures and Apollo Investment Corp
Private Equity (2015): $1.3M backed by Bain Capital Ventures
Unspecified (2016): $2M, investors not publicly disclosed
Series B (2020): $5.8M led by Pegasus Growth Capital
Debt (2020): $2M supported by PPP
Private Equity (2022): $180M featuring FTV Capital
Key Investors in LogicSource
Bain Capital Ventures
Bain Capital Ventures is a prominent venture capital arm of Bain Capital, known for its early-stage investments in various sectors. The firm actively supports companies with capital solutions and strategic guidance to foster innovation and drive exceptional outcomes.
FTV Capital
FTV Capital is a growth equity investment firm specializing in high-growth companies within enterprise technology, financial services, and payments. They provide substantial investment to fuel expansion and innovation in these key sectors.
Apollo Investment Corp
Apollo Investment Corp, part of Apollo Global Management, is a major alternative asset manager focusing on private markets and alternative investments. They offer flexible funding and strategic support to companies.
What's next for LogicSource?
The substantial enterprise-level funding and recent strategic investment indicate a strong trajectory for LogicSource. This capital infusion is likely to fuel further innovation in its sourcing and procurement solutions, potentially expanding its market reach and enhancing its technological capabilities. The company is well-positioned to capitalize on the growing demand for optimized procurement strategies, aiming to drive significant value for its enterprise clients and solidify its leadership in the market.
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