About Sourced Group
Sourced Group is a Technology company based in Toronto (Canada) founded in 2010 by Jonathan Spinks, and was acquired by Amdocs in May 2021. A suite of IT services is provided by Sourced Group. Sourced Group has raised $17.09 million across 2 funding rounds from investors including HSBC, Comerica and Amdocs. The company has 219 employees. Sourced Group has completed 1 acquisition, including DevOpsGroup. Its chief executive, as recorded, is Jonathan Spinks. Sourced Group offers products and services including Cloud Migration Services, Application Modernisation, Data Security, and Governance and Compliance. Its focus areas include Business Services, IT Services and Suite. Its legal entity is Sourced Group Inc.
Company details
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.
- Headquarters Toronto, Canada
- Employees 219
- Founders Jonathan Spinks
- Stage Acquired
- SectorsTechnology
- Email••••••••
- Phone•••• ••••
- Website sourcedgroup.com
- Social LinkedIn X
- Acquired by Amdocs (May 2021)
- Legal Name Sourced Group Inc
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.
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.
- Total Funding $17.09M
- Total Rounds 2
- Last Round Series A — $1.9M
- First Round $15.19M
(Sep 2019)
- Investors Count 3
All 2 funding rounds of Sourced Group with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
4 investors in total: 4 institutional.
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. | round13.com | Toronto, Canada | ||
Commercial banking services are provided to businesses and individuals. | 1849 | comerica.com | Dallas, United States | |
Universal banking and financial advisory services are provided globally. | 1865 | hsbc.com | London, United Kingdom | |
Cloud-based OSS and BSS solutions are provided to communications providers. | 1982 | amdocs.com | Chesterfield, United States |
Investor details for Sourced Group
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
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Verified entity values are shown only after access is granted.
People of Sourced Group
18 people are tracked at Sourced Group (11 in leadership, 7 in team); the tracked headcount is 219.
| Name | Role | Group |
|---|---|---|
Jonathan Spinks | Founder & CEO | Leadership |
Deborah Koens | Regional Head, Americas | Leadership |
Jeff Sakkal | Global Head of Cloud Sales | Leadership |
Dipankar Sengupta | Head of Sales International | Leadership |
Tim Baguley | Regional Head, APAC | Leadership |
James Smith | Regional Head, EMEA | Leadership |
Robin Morrison | Head of CoE | Leadership |
Valentina Cuomo | Cloud Sales Partner- Director | Leadership |
Avinash Satpute | Head of Global Delivery Hub | Leadership |
Olivier van Grembergen | VP Sales - FSI & Enterprise - Asia & Europe | Leadership |
Martin Chawke | Head Of Sales | Leadership |
Lisa-Mae Petropoulos | Regional PMO Professional | Team |
Mahesh Badgujar | Lead Consultant | Team |
Maya Sofhiana Zaini | Marketing Manager (asean) | Team |
Sami Souabni | Lead Consultant | Team |
Amit Erande | Lead Consultant | Team |
Kabir Gill | Account Delivery Lead | Team |
Rohan Wood | Lead Consultant - AWS | Team |
Complete people profiles for Sourced Group
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Investments & Acquisitions by Sourced Group
Sourced Group has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include DevOpsGroup.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
DevOps support services including transformation and platform engineering are offered. | devopsgroup.com | Cardiff, United Kingdom | 2013 | Nov 2021 | •••• |
Complete acquisition details for Sourced Group
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
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Timeline of Sourced Group
5 dated milestones of Sourced Group across 11 years, from founding to its latest funding, stage changes and deals.
- Founded Sourced Group is founded.
- Funding First funding round of $15.2M.
- Funding Latest funding round, Series A, of $1.9M.
- Exit Acquired by Amdocs.
- Acquisition Acquires DevOpsGroup.
Web traffic of Sourced Group
Websites that share an audience with Sourced Group (sourcedgroup.com).
Websites whose visitors overlap most with Sourced Group. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| crystalloids.com | 100% | 680.7K | #5,656,547 | View details | |
| profisee.com | 83% | 64.1K | #633,343 | View details | |
| google.com | 73% | 85.8B | #1 | View details | |
stacktics.com | stacktics.com | 27% | #5,320,075 | – |
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Related news about Sourced Group
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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 CEO of Sourced Group, as recorded in our data. 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. The company's 1st funding round was a Series A of $15.19M, raised on Sep 2019.
Sourced Group has 219 employees.
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 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.
Sourced Group operates through Sourced Group Inc.
Yes. Sourced Group was acquired by Amdocs in May 2021.