About Sourceful
Sourceful is a company based in London (United Kingdom) founded in 2020 by Shiran Zheng and Mary Wang. Sourceful has raised $31.84 million across 2 funding rounds from investors including Index Ventures, Coatue and Eka Ventures. The company has 83 employees as of December 01, 2023. Sourceful offers products and services including Sourceful Platform, AI Prototype, and Smart Supply Network. Sourceful operates in a competitive market with competitors including Globality, Market Dojo, BiP Solutions, Ampulla and iVeridis, among others.
- Headquarter London, United Kingdom
- Employees 83 as on 01 Dec, 2023
- Founders Shiran Zheng, Mary Wang
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Sectors
RetailTechnology Industrial Goods & Manufacturing
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Phone
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Website
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Social
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- Legal Name Sourceful Ltd
- Date of Incorporation 16 Mar, 2018
- Jurisdiction MANCHESTER, ENGLAND
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$31.84 M (USD)
in 2 rounds
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Latest Funding Round
$20 M (USD), Series A
Mar 29, 2022
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Investors
Index Ventures
& 3 more
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Employee Count
83
as on Dec 01, 2023
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Products & Services of Sourceful
Sourceful offers a comprehensive portfolio of products and services, including Sourceful Platform, AI Prototype, and Smart Supply Network.
AI tool for creating and managing sustainable packaging options.
Generates photo-real images from packaging designs quickly.
Connects brands with vetted global packaging suppliers.
People of Sourceful
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Funding Insights of Sourceful
Sourceful has successfully raised a total of $31.84M across 2 strategic funding rounds. The most recent funding activity was a Series A round of $20 million completed in March 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 Sourceful
Sourceful has secured backing from 4 investors, including venture fund and angel investors. Prominent investors backing the company include Index Ventures, Coatue and Eka Ventures.
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Venture capital investments in technology startups and entrepreneurs.
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Provider of an investment platform for various stages
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Venture capital fund focused om consumer tech sector
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Investor details for Sourceful
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Investments & Acquisitions by Sourceful
Investment portfolio details for Sourceful
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Financial Statements - Sourceful
Detailed financials for Sourceful
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Sourceful Comparisons
Peer comparison for Sourceful
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Competitors of Sourceful
Sourceful 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 Globality, Market Dojo, BiP Solutions, Ampulla and iVeridis, among others.
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An AI-based platform for global sourcing and outsourcing is offered.
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B2B e-sourcing and auction software is provided via SaaS.
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Offers business intelligence, eSourcing, and marketing solutions for procurement processes.
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Online provider of packaging solutions including bottles, jars, and caps for businesses.
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Sourcing solutions provider
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Detailed competitors of Sourceful
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Latest news on Sourceful
Complete news archive for Sourceful
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Frequently Asked Questions about Sourceful
Sourceful was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Sourceful is headquartered in London, United Kingdom. It is registered at London, England, United Kingdom.
Wing Yung Chan is the current CEO of Sourceful.
Sourceful is a funded company, having raised a total of $31.84M across 2 funding rounds to date.
As of Dec 01, 2023, the latest employee count at Sourceful is 83.
Sourceful was founded in 2020 in London, United Kingdom, as a technology firm focused on sustainable supply chain management. A web-based platform is operated to enable product customization with sustainability features, carbon footprint monitoring, and real-time design data integration. Services include carbon offsetting, sustainability reporting, supplier selection, logistics aggregation, and supply chain oversight to support business operations in the sourcing sector.
Sourceful's top competitors include Globality, Market Dojo and iVeridis.
Sourceful offers Sourceful Platform, AI Prototype, and Smart Supply Network.
Sourceful has 4 investors. Key investors include Index Ventures, Coatue, Eka Ventures, and Dylan Field.