Sourceeasy

Los Angeles, United States Founded: 2013 • Age: 13 yrs
Provides comprehensive outsourcing solutions for textile manufacturers.
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About Sourceeasy

Sourceeasy is a company based in Los Angeles (United States) founded in 2013 by Pranay Srinivasan and Chirag Chamoli. It operates as a B2B. Sourceeasy has raised $4.64 million across 2 funding rounds from investors including 500 Global and Vijay Shekhar Sharma. Sourceeasy has completed 1 acquisition, including AbbeyPost. Sourceeasy operates in a competitive market with competitors including Outsourcing, Karvy Data Management, Groupe Athena, Si2chip Technologies and Bit Mapper Integration Technologies, among others.

  • Headquarter Los Angeles, United States
  • Founders Pranay Srinivasan, Chirag Chamoli
  • Sectors
    Industrial Goods & Manufacturing
  • Phone
    *********
  • Website
    *********
  • Social
    *********
Operational Areas
Industrial Goods & Manufacturing → Contract & Custom Manufacturing
Key Metrics
  • Annual Revenue
  • Net Profit
  • EBITDA
  • Total Equity Funding
    $4.64 M (USD)

    in 2 rounds

  • Latest Funding Round
    $4.52 M (USD), Series A

    Feb 26, 2016

  • Investors
    500 Global

    & 1 more

  • Employee Count
    Employee Count
  • Investments & Acquisitions
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Funding Insights of Sourceeasy

Sourceeasy has successfully raised a total of $4.64M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $4.52 million completed in February 2016. 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
  • Total Rounds 2
  • Last Round Series A — $4.5M
  • First Round

    (18 Apr 2014)

  • Investors Count 2
Date Amount Transaction Name Valuation Lead Investors Investors
Feb, 2016 Amount Series A - Sourceeasy Valuation

investors

Apr, 2014 Amount Seed - Sourceeasy Valuation

investors

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Sourceeasy

Sourceeasy has secured backing from 2 investors, including venture fund and angel investors. Prominent investors backing the company include 500 Global and Vijay Shekhar Sharma. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.

All
Venture Fund
Angel
Investor Description Founded Year Domain Location
Venture capital and acceleration are provided to tech startups.
Founded Year Domain Location

Vijay Shekhar Sharma

Founder of Paytm, leading Indian fintech innovator and active angel investor
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Sourceeasy

Sourceeasy has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include AbbeyPost. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
A custom apparel brand offering personalized clothing solutions.
2012
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Sourceeasy

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Sourceeasy Comparisons

Employees
+
Add Comparison
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Competitors of Sourceeasy

Sourceeasy 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 Outsourcing, Karvy Data Management, Groupe Athena, Si2chip Technologies and Bit Mapper Integration Technologies, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.

Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
BPO services are provided to businesses in Japan.
domain founded_year HQ Location
BPO services in data management are provided from India.
domain founded_year HQ Location
Pharmaceutical products exporting services are provided by Groupe Athena.
domain founded_year HQ Location
Semiconductor IP consulting services are provided to clients.
domain founded_year HQ Location
Bit Mapper Integration Technologies offers electronics and embedded system design and manufacturing services.
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Sourceeasy

Frequently Asked Questions about Sourceeasy

When was Sourceeasy founded?

Sourceeasy was founded in 2013 and raised its 1st funding round 1 year after it was founded.

Where is Sourceeasy located?

Sourceeasy is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.

Who is the current CEO of Sourceeasy?

Pranay Srinivasan is the current CEO of Sourceeasy. They have also founded this company.

Is Sourceeasy a funded company?

Sourceeasy is a funded company, having raised a total of $4.64M across 2 funding rounds to date. The company's 1st funding round was a Seed of $126.5K, raised on Apr 18, 2014.

What does Sourceeasy do?

Sourceeasy, established in 2013, excels in producing manufactured goods, textiles, outsourcing services, and providing supply chain solutions. Provides comprehensive outsourcing solutions for textile manufacturers. Committed to advancing standards, it focuses on innovation, efficiency, and delivering value to clients worldwide. It continues to evolve, meeting industry challenges with strategic approaches.

Who are the top competitors of Sourceeasy?

Sourceeasy's top competitors include Outsourcing, Karvy Data Management and Si2chip Technologies.

How many acquisitions has Sourceeasy made?

Sourceeasy has made 1 acquisition, including AbbeyPost.

Who are Sourceeasy's investors?

Sourceeasy has 2 investors. Key investors include 500 Global, and Vijay Shekhar Sharma.

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