What is Sourcery?
Founded in 2018 and headquartered in London, United Kingdom, Sourcery is an AI code assistant designed to enhance developer productivity by enabling faster and more efficient code generation. The company operates within the rapidly evolving landscape of developer tools, leveraging artificial intelligence to streamline the software development lifecycle. Its core offering aims to address the increasing complexity of modern software projects by providing intelligent assistance directly within the coding environment.
How much funding has Sourcery raised?
Sourcery has raised a total of $1.8M across 1 funding round:
Angel/Seed
$1.8M
Angel/Seed (2022): $1.8M with participation from Acequia Capital, Runa Capital, Angel Invest, Forward Partners, Techstars, and CapitalX
Key Investors in Sourcery
Acequia Capital
Acequia Capital is a venture capital firm based in Seattle, Washington, known for its investment focus on early-stage technology companies.
Runa Capital
Runa Capital is an international venture capital firm specializing in deep tech and software, with a notable history of investing in over 80 companies across Europe and North America.
Angel Invest
Super Angel Fund Europe, also referred to as Angel Invest, is a highly active European investment fund backing over 75 startups annually, with a strong emphasis on AI, crypto, fintech, and climate tech.
What's next for Sourcery?
The substantial enterprise-level funding and recent strategic investment signal a pivotal growth phase for Sourcery. This capital infusion is expected to fuel further research and development into its AI code assistant technology, potentially expanding its feature set and market reach. Strategic partnerships and continued product innovation will likely be key as Sourcery aims to solidify its position in the competitive developer tools market, driving adoption among a wider range of software development teams and enterprises.
See full Sourcery company page