What is Sourceful?
Sourceful is dedicated to transforming supply chains into a force for good, benefiting both businesses and the planet. The company is developing a Live Supply Flow designed to be dynamic, resilient, and resourceful. This innovative platform facilitates connections between sustainable suppliers, logistics partners, and businesses, aiming to foster a more responsible and efficient global trade ecosystem. The company's mission aligns with growing market demands for transparency and sustainability in business operations.
How much funding has Sourceful raised?
Sourceful has raised a total of $12.2M across 1 funding round:
Angel/Seed
$12.2M
Angel/Seed (2021): $12.2M with participation from Dylan Field, Index Ventures, Eka Ventures, and Venrex
Key Investors in Sourceful
Index Ventures
Index Ventures is a global venture capital firm that invests in entrepreneurs from seed to IPO, backing companies that challenge the status quo. They have a strong track record with notable investments in technology and growth-stage companies.
Eka Ventures
Eka Ventures is a venture capital firm focused on investing in founders driving positive system change through technology, particularly in areas promoting sustainability, health, and inclusivity. They support category-defining companies aiming for impactful solutions.
Venrex
Venrex is an early-stage venture capital firm with a history of backing successful consumer brands and innovative companies. They focus on supporting entrepreneurs with bold visions to scale their businesses.
What's next for Sourceful?
With this substantial enterprise-level funding and strategic investment, Sourceful is poised for accelerated growth and market expansion. The capital infusion will likely be directed towards enhancing its Live Supply Flow technology, broadening its network of sustainable suppliers and logistics partners, and scaling its operational capabilities. This strategic backing signals strong investor confidence in Sourceful's vision to create a more sustainable and resilient global supply chain, positioning the company to capture a significant share of the evolving market.
See full Sourceful company page