How Much Did Sourced Raise?
Funding & Key Investors

Sourced, a prominent Toronto-based consultancy specializing in cloud computing, has successfully secured a major strategic investment. This latest capital injection, totaling $1.9M, underscores the firm's critical role in helping large-scale organizations navigate the complexities of digital transformation. With a cumulative financial backing of $1.9M, the company continues to solidify its position as a leader in the enterprise cloud services sector, demonstrating significant growth and market resilience since its inception in 2010.

What is Sourced?

Sourced
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Founded in 2010, Sourced has carved out a distinct niche by providing high-level consulting services that prioritize security, governance, and compliance within cloud environments. As enterprises increasingly migrate mission-critical workloads to the cloud, the demand for specialized expertise in regulatory adherence and infrastructure management has surged. Sourced addresses these challenges by offering bespoke strategies that ensure organizations can leverage cloud scalability without compromising on operational integrity or data protection. Their market position is defined by a deep understanding of the intersection between complex IT architecture and the stringent requirements of modern corporate governance.

How much funding has Sourced raised?

Sourced has raised a total of $1.9M across 1 funding round:

2020

Private Equity

$1.9M

Private Equity (2020): $1.9M with participation from Round13

Key Investors in Sourced

Round13

Round13 Capital is a Canadian investment firm focused on nurturing the best companies for sustainable success over the next century. They invest primarily in vertical software, ecommerce, tech-enabled services, disruptive retail, and artificial intelligence sectors.

What's next for Sourced?

With the infusion of this major strategic investment, Sourced is well-positioned to accelerate its service expansion and deepen its technical capabilities. The firm is expected to focus on scaling its consulting operations to meet the rising demand for secure cloud adoption among global enterprises. By leveraging this capital, Sourced will likely enhance its proprietary frameworks for cloud governance, ensuring that clients remain compliant in an increasingly volatile regulatory landscape. As the company moves into its next phase of maturity, the focus will remain on maintaining its reputation for excellence in cloud security while exploring new opportunities to drive digital efficiency for its diverse client base.

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Frequently Asked Questions Regarding Sourced Financial Insights

What are the most recent funding rounds that Sourced has completed, and what were the funding rounds?
Sourced has recently completed 1 funding rounds: Private Equity on Oct 21, 2020.
What is the total amount of funding Sourced has raised to date?
Sourced has raised a total of $1.9M in funding to date.
How many funding rounds has Sourced completed?
Sourced has completed 1 funding rounds.
How much funding did Sourced raise in its most recent funding round?
Sourced raised $1.9M in its most recent funding round.
Who are the lead investors in Sourced's latest funding round?
The lead investor in Sourced's latest funding round was Round13. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Sourced's history?
The largest funding round in Sourced's history was $1.9M.
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