LogicSource

Norwalk, United States Founded: 2009 • Age: 17 yrs
Cloud-based sourcing and procurement solutions are provided for multiple industries.
Annual revenue - Latest available
Total funding $205.7M 5 rounds
Employees 196 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 11 Brand Intelligence

About LogicSource

LogicSource is a company based in Norwalk (United States) founded in 2009. LogicSource has raised $205.68 million across 5 funding rounds from investors including FTV Capital. The company has 196 employees as of December 31, 2022. LogicSource offers products and services including OneMarket Platform, Sourcing Services, and Procure-to-Pay. LogicSource operates in a competitive market with competitors including Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.

  • Headquarter Norwalk, United States
  • Employees 196 as on 31 Dec, 2022
  • Sectors
    Technology
  • Phone
    Locked
  • Website
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  • Social
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  • Legal Name Logicsource®, Inc.
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    Not available
  • Net Profit
    Not available
  • EBITDA
    Not available
  • Total Equity Funding
    $205.68 M (USD)

    in 5 rounds

  • Latest Funding Round
    $180 M (USD), Series C

    Apr 07, 2022

  • Investors
  • Employee Count
    196

    as on Dec 31, 2022

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Products & Services of LogicSource

LogicSource offers a comprehensive portfolio of products and services, including OneMarket Platform, Sourcing Services, and Procure-to-Pay.

Product name locked
Category locked
Primary

Integrated platform for managing procurement and contracts efficiently.

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Services for critical sourcing and buying components.

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System for streamlining procure-to-pay processes and efficiencies.

People of LogicSource

Headcount 50-200
Employee Profiles 1
Board Members and Advisors 6
Employee Profiles
People
David Pennino
President & CTO

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Board Members and Advisors
people
John Malfettone
Advisory Board Member
people
Jeff Bornstein
Advisory Board Member
people
Christine Baird
Advisory Board Member
people
Mary K. Wagner
Advisory Board Member

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Teams

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Funding Insights of LogicSource

LogicSource has successfully raised a total of $205.68M across 5 strategic funding rounds. The most recent funding activity was a Series C round of $180 million completed in April 2022. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.

Investors in LogicSource

LogicSource has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FTV Capital.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity investment firm
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Investor details for LogicSource

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  • Investor domains
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Investments & Acquisitions by LogicSource

Investments
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Investment portfolio details for LogicSource

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  • Transaction dates
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Financial Statements - LogicSource

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Detailed financials for LogicSource

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  • Profit trends
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Logicsource Comparisons

LogicSource Primary company
Description
Cloud-based sourcing and procurement solutions are provided ...
Location
Norwalk, United States
Founded Year
2009
Annual Revenue
Not available
Net Profit
Not available
EBITDA
Not available
Employees
196
As of 2022
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Peer comparison for LogicSource

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Competitors of LogicSource

LogicSource operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.

Company Name Domain Founded year HQ Location Description
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Cloud-based end-to-end spend management software is delivered for businesses.
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Cloud-based accounting and payroll solutions for small and medium businesses
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Cloud-based procurement and invoice management solutions are offered to businesses.
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Corporate cards and expense management are offered to businesses.
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Procure-to-pay management software is offered for business operations.
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Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions
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Detailed competitors of LogicSource

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Latest news on Logicsource

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Complete news archive for LogicSource

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Frequently Asked Questions about LogicSource

LogicSource was founded in 2009.

LogicSource is headquartered in Norwalk, United States.

LogicSource is a funded company, having raised a total of $205.68M across 5 funding rounds to date.

As of Dec 31, 2022, the latest employee count at LogicSource is 196.

Founded in 2009 and based in Norwalk, United States, LogicSource delivers cloud-based solutions for total sourcing, procurement, and transaction management. Tactical and strategic sourcing, complex category handling, and advisory co-sourcing services are included. The OneMarket platform enables procurement automation, management, and measurement. Operations target sectors such as retail, consumer packaged goods, finance, insurance, travel, leisure, and healthcare.

LogicSource's top competitors include Coupa, Sage Group and Airbase.

LogicSource offers OneMarket Platform, Sourcing Services, and Procure-to-Pay.

LogicSource has 1 investor. Key investors include FTV Capital.

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