About Sourced Group
Sourced Group is a company based in Toronto (Canada) founded in 2010 by Jonathan Spinks was acquired by Amdocs in May 2021. Sourced Group has raised $17.09 million across 2 funding rounds from investors including HSBC, Comerica and Amdocs. The company has 219 employees as of December 31, 2024. Sourced Group has completed 1 acquisition, including DevOpsGroup. Sourced Group offers products and services including Cloud Migration Services, Application Modernisation, Data Security, and Governance and Compliance. Sourced Group operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
- Headquarter Toronto, Canada
- Employees 219 as on 31 Dec, 2024
- Founders Jonathan Spinks
-
Sectors
Technology
-
Email
Locked
-
Phone
Locked
-
Website
Locked
-
Social
Locked
- Legal Name Sourced Group Inc
-
Annual Revenue
Not available
-
Net Profit
Not available
-
EBITDA
Not available
-
Total Equity Funding
$17.09 M (USD)
in 2 rounds
-
Latest Funding Round
$1.9 M (USD), Series A
Oct 21, 2020
-
Investors
HSBC
& 3 more
-
Employee Count
219
as on Dec 31, 2024
- Investments & Acquisitions
-
Acquired by
Amdocs
(May 12, 2021)
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Sourced Group
Sourced Group offers a comprehensive portfolio of products and services, including Cloud Migration Services, Application Modernisation, Data Security, and Governance and Compliance.
Services for migrating enterprise IT systems to cloud platforms securely.
Updating applications for cloud environments and scalability.
Solutions for protecting data during cloud transitions and operations.
Advisory for regulatory compliance in cloud infrastructure management.
People of Sourced Group
Unlock access to complete
Funding Insights of Sourced Group
Sourced Group has successfully raised a total of $17.09M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $1.9 million completed in October 2020. 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 Sourced Group
Sourced Group has secured backing from 4 investors, including venture fund and institutional investors. Prominent investors backing the company include HSBC, Comerica and Amdocs.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Round13 Capital is engaged in venture capital investments across Canada.
|
Locked | Locked | Locked | |
|
Commercial banking services are provided to businesses and individuals.
|
Locked | Locked | Locked | |
|
Universal banking and financial advisory services are provided globally.
|
Locked | Locked | Locked |
Investor details for Sourced Group
Investor domains, locations, round participation, and complete history require an active premium plan.
- Investor domains
- Investor locations
- Funding rounds
- Participation history
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Sourced Group
Sourced Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DevOpsGroup.
Investment portfolio details for Sourced Group
Portfolio company identities, transaction dates, round details, and investment values require an active premium plan.
- Portfolio identities
- Transaction dates
- Round details
- Investment values
Verified entity values are shown only after access is granted.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
DevOps support services including transformation and platform engineering are offered.
|
Locked | Locked | 2013 | Locked |
Complete acquisition details for Sourced Group
Transaction dates, acquired stakes, disclosed values, domains, and locations require an active premium plan.
- Transaction dates
- Acquired stakes
- Disclosed values
- Domains and locations
Verified entity values are shown only after access is granted.
Financial Statements - Sourced Group
Detailed financials for Sourced Group
Historical revenue, profit, statement rows, ratios, and trend charts require an active premium plan.
- Historical revenue
- Profit trends
- Statement rows
- Financial ratios
Verified entity values are shown only after access is granted.
Sourced Group Comparisons
Peer comparison for Sourced Group
Named peer metrics, headcount, funding, location, and side-by-side benchmarks require an active premium plan.
- Named peers
- Headcount comparison
- Funding comparison
- Operating benchmarks
Verified entity values are shown only after access is granted.
Competitors of Sourced Group
Sourced Group 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| Locked | Locked | Locked |
High-quality office furniture is provided by UST for various needs.
|
|
| Locked | Locked | Locked |
Application development, cloud, cybersecurity, and business intelligence services are provided.
|
|
| Locked | Locked | Locked |
AI, cloud, and blockchain services are provided globally.
|
|
| Locked | Locked | Locked |
IT and digital transformation services are delivered to various industries.
|
|
| Locked | Locked | Locked |
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
|
|
| Locked | Locked | Locked |
Provider of end-to-end business process outsourcing services
|
Detailed competitors of Sourced Group
Competitor domains, locations, full profiles, and operating metrics require an active premium plan.
- Domains and locations
- Full company profiles
- Operating metrics
- Competitive positioning
Verified entity values are shown only after access is granted.
Latest news on Sourced Group
Complete news archive for Sourced Group
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Sourced Group
Sourced Group was founded in 2010 and raised its 1st funding round 9 years after it was founded.
Sourced Group is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
Jonathan Spinks is the current CEO of Sourced Group. They have also founded this company.
Sourced Group is a funded company, having raised a total of $17.09M across 2 funding rounds to date.
As of Dec 31, 2024, the latest employee count at Sourced Group is 219.
Sourced Group was established in 2010 in Toronto, Canada, by Jonathan Spinks as founder and CEO. Operations center on delivering a range of IT services within the technology sector. The company maintains its headquarters in Toronto, supporting various IT solutions for clients. Focus is placed on core IT functionalities, with services extending to related support areas across the region.
Sourced Group's top competitors include Happiest Minds, 1&1 IONOS and Genpact.
Sourced Group offers Cloud Migration Services, Application Modernisation, Data Security, and Governance and Compliance.
Sourced Group has made 1 acquisition, including DevOpsGroup.
Sourced Group has 4 investors. Key investors include HSBC, Comerica, Amdocs, and Round13 Capital.