About LogicSource
LogicSource is a Technology company based in Norwalk (United States) founded in 2009. It operates as a cloud-based sourcing and procurement solutions are provided for multiple industries. LogicSource has raised $213.97 million across 8 funding rounds from investors including FTV Capital. The company has 196 employees. LogicSource offers products and services including OneMarket Platform, Sourcing Services, and Procure-to-Pay. Its focus areas include Enterprise Applications, SCM Software, Spend Management and Suite. Its legal entity is LogicSource®, Inc. Its competitors include Coupa, Sage Group, Tipalti, Emburse and Airbase and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
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.
- Headquarters Norwalk, United States
- Employees 196
- SectorsTechnology
- Website logicsource.com
- Social LinkedIn X Facebook
- Legal Name Logicsource®, Inc.
- Total Equity Funding$213.97M (USD)
in 8 rounds
- Latest Funding Round$180M (USD), Series C
Apr 2022
- Investors
- Employee Count196
Products & Services of LogicSource
LogicSource offers a comprehensive portfolio of products and services, including OneMarket Platform, Sourcing Services, and Procure-to-Pay.
Integrated platform for managing procurement and contracts efficiently.
Services for critical sourcing and buying components.
System for streamlining procure-to-pay processes and efficiencies.
Funding Insights of LogicSource
LogicSource has successfully raised a total of $213.97M across 8 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.
- Total Funding $213.97M
- Total Rounds 8
- Last Round Series C — $180M
- First Round $10.19M
(Oct 2009)
- Investors Count 1
All 8 funding rounds of LogicSource with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Apr 2022 | $180M | Series C | – | FTV Capital | – |
| Oct 2020 | $499,999 | Series B | – | – | – |
| Mar 2016 | $2M | Series B | – | – | – |
| Jul 2015 | $1.28M | Series B | – | – | – |
| Nov 2013 | $12.99M | Series B | – | – | – |
| Mar 2013 | $5M | Series A | – | – | – |
| Jan 2012 | $2M | Series A | – | – | – |
| Oct 2009 | $10.19M | Series A | – | – | – |
1 investors in total: 1 institutional.
Investors in LogicSource
LogicSource has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include FTV Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity investment firm | – | ftvcapital.com | San Francisco, United States |
Investor details for LogicSource
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
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People of LogicSource
7 people are tracked at LogicSource (1 in leadership, 6 in board & advisors); the tracked headcount is 196.
| Name | Role | Group |
|---|---|---|
David Pennino | President & CTO | Leadership |
John Malfettone | Advisory Board Member | Board & advisors |
Jeff Bornstein | Advisory Board Member | Board & advisors |
Christine Baird | Advisory Board Member | Board & advisors |
Mary K. Wagner | Advisory Board Member | Board & advisors |
Denis Lapolice | Advisory Board Member | Board & advisors |
Matt Katz | Advisory Board Member | Board & advisors |
Complete people profiles for LogicSource
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
Timeline of LogicSource
3 dated milestones of LogicSource across 13 years, from founding to its latest funding, stage changes and deals.
- Founded LogicSource is founded.
- Funding First funding round of $10.2M.
- Funding Latest funding round, Series C, of $180.0M.
Competitors of LogicSource
LogicSource has 10 listed competitors in our database, 9 of them funded. They include Coupa, Sage Group, Tipalti, Emburse and Airbase, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| coupa.com | 2006 | San Mateo, United States | $169M | 643 | Cloud-based end-to-end spend management software is delivered for businesses. | |
| sage.com | 1981 | United States | – | 1,877 | Cloud-based accounting and payroll solutions for small and medium businesses | |
| tipalti.com | 2010 | Foster, United States | $553M | 360 | Cloud-based procurement and invoice management solutions are offered to businesses. | |
| emburse.com | 2002 | San Francisco, United States | $7.25M | 9 | Corporate cards and expense management are offered to businesses. | |
| airbase.com | 2017 | San Francisco, United States | $90.5M | 77 | Procure-to-pay management software is offered for business operations. | |
| bizongo.com | 2015 | Mumbai, India | $257.08M | 94 | Platform offering AI-powered vendor digitization, procurement and supply chain financing solutions | |
| procurify.com | 2012 | Vancouver, Canada | $82.49M | – | SaaS spend management software is used to automate procure-to-pay operations. | |
| ivalua.com | 2000 | Redwood, United States | $134.45M | 236 | Procurement management solutions are delivered for business operations. | |
| corcentric.com | 1998 | Mclean, United States | $81.2M | – | Cloud-based procurement automation solutions are delivered to businesses worldwide. | |
| mineraltree.com | 2010 | Cambridge, United States | $123.38M | 26 | Cloud-based accounts payable automation is delivered for businesses. |
Detailed competitors of LogicSource
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of LogicSource
The website of LogicSource (logicsource.com) receives about 5.6K visits a month.
- Monthly visits5.6K
▲ 24.8% vs previous month
Websites whose visitors overlap most with LogicSource. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| usa800.com | 100% | – | – | View details | |
asiainspection.com | asiainspection.com | 67% | – | – | – |
sourceoneinc.com | sourceoneinc.com | 62% | – | – | – |
ecommerceandb2b.com | ecommerceandb2b.com | 61% | – | – | – |
| inwk.com | 60% | 15.3K | #1,211,925 | View details | |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 8 similar websites and full traffic analytics for LogicSource
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 8 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Finance & Accounting Applications
10 companies that operate in the same segment as LogicSource (Finance & Accounting Applications), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 | |
Spend management and accounts payable solutions are delivered to businesses. | 2019 | New York, New York, United States | USD 5.07 B | – | 6,209 | |
Business spends, payments, and rewards are streamlined by automated workflows. | 2011 | Hyderabad, Telangana, India | USD 13.75 M | USD 149.43 M | 431 | |
SaaS-driven credit card and spend management solutions platform for businesses | 2017 | Draper, Utah, United States | USD 1.2 B | – | 5,356 | |
Subscription-based online banking is offered to SMEs and freelancers. | 2017 | Paris, Ile de France, France | USD 717.15 M | USD 171.7 M | 2,457 | |
Cloud-based ERP software is provided for business management across segments. | 1996 | Oslo, Oslo, Norway | USD 198.09 M | – | – | |
Payflow is recognized as a financial wellness application for employees. | 2020 | Alcobendas, Comunidad De Madrid, Spain | USD 58.23 M | – | – | |
Cloud-based HR and payroll solutions are offered for small businesses. | 2012 | San Francisco, California, United States | USD 718.35 M | – | 8,159 |
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Related news about Logicsource
Complete news archive for LogicSource
Full article history, source details, and older brand coverage require an active premium plan.
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- Older coverage
- Brand-specific news history
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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 $213.97M across 8 funding rounds to date. The company's 1st funding round was a Series A of $10.19M, raised on Oct 2009.
LogicSource has 196 employees.
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.
LogicSource operates through Logicsource®, Inc..