About SourceSage
SourceSage is a company based in Singapore (Singapore) founded in 2015. SourceSage has raised $2.23 million across 2 funding rounds from investors including Wavemaker Partners and IGlobe Partners. The company has 1 employees. SourceSage operates in a competitive market with competitors including Cart.com, AnyMind Group, BigCommerce, ANS Commerce and CommerceIQ, among others.
- Headquarter Singapore, Singapore
- Employees 1
- SectorsRetail
- Website sourcesage.co
- Social LinkedIn X Facebook
- Legal Name Sourcesage India Private Limited
- Date of Incorporation 16 Jul, 2020
- Jurisdiction Malleswaram, Karnataka, India
- Annual Revenue₹37.4 Lakh
FY 2025 · +4% YoY
- Net Loss-₹84,655
FY 2025 · -2% margin
- EBITDA-₹82,958
FY 2025 · -2% margin
- Total Equity Funding$2.23M (USD)
in 2 rounds
- Latest Funding Round$2.23M (USD), Seed
Nov 2020
- InvestorsWavemaker Partners
& 1 more
- Employee Count1
Associated legal entities of SourceSage
SourceSage operates through Sourcesage India Private Limited (active). Its filings, financials, charges and directors are on the company page.
| Legal entity | Status | Incorporated | Registered in | Revenue (FY 2025) | Employees | Directors | Company page |
|---|---|---|---|---|---|---|---|
| Sourcesage India Private Limited CIN U72900KA2020FTC136042 | Active | 16 Jul 2020 | Bangalore, Karnataka | ₹0.4 Cr | – | 2 | View details |
Funding Insights of SourceSage
SourceSage has successfully raised a total of $2.23M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2.23 million completed in November 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 $2.23M
- Total Rounds 2
- Last Round Seed — $2.23M
- Investors Count 2
All 2 funding rounds of SourceSage 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 |
|---|---|---|---|---|---|
| Nov 2020 | $2.23M | Seed | – | IGlobe Partners, Wavemaker Partners | – |
| May 2017 | – | Seed | – | – |
2 investors in total: 2 institutional.
Investors in SourceSage
SourceSage has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Wavemaker Partners and IGlobe Partners.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Tech and life Science focused early stage VC firm investing in the US | – | iglobepartners.com | Singapore, Singapore | |
Investments in early-stage technology companies are made by Wavemaker Partners. | 2003 | wavemaker.vc | Los Angeles, United States |
Investor details for SourceSage
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
Verified entity values are shown only after access is granted.
Board of directors of Sourcesage India Private Limited (SourceSage)
Sourcesage India Private Limited is the primary company behind SourceSage. The board of Sourcesage India Private Limited currently have 2 directors; the longest-serving is Sim Heong Khee, appointed in 2020. 1 earlier director has ceased.
| Director | Designation | Appointed | Tenure | Entity |
|---|---|---|---|---|
| Sim Heong Khee DIN 08784260 | Director | 16 Jul 2020 | 6 yrs 2 mo | Sourcesage India Private Limited |
| Sasikiran Srikakulapu DIN 08660188 | Director | 23 Nov 2021 | 4 yrs 10 mo | Sourcesage India Private Limited |
People of SourceSage
9 people are tracked at SourceSage (1 in leadership, 8 in team); the tracked headcount is 1.
| Name | Role | Group |
|---|---|---|
Jian Min Sim | Co-Founder | Leadership |
Budi Hermansyah | Backend Engineer Team Lead at Sourcesage.co | Team |
Chanh Tran | Senior Procurement Specialist | Team |
Liim T. | Category Lead | Team |
Winni H. Yadan | Senior Lead Software Engineer | Team |
Danny Chua | Product Team Lead | Team |
John sim | EVP Finance/Procurement | Team |
Wills Zhang | Software Engineer | Team |
Sourcesage App | Product Specialist | Team |
Complete people profiles for SourceSage
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.
Financials of SourceSage
Figures of Sourcesage India Private Limited, the primary company behind SourceSage, for FY 2025. Revenue was ₹37.4 Lakh (+4% year on year). Net loss was -₹84,655 (-2% margin). EBITDA was -₹82,958 (-2% margin).
- ₹37.4 LakhRevenue · FY 2025 · +4% YoY
- -₹84,655Net loss · -2% margin
- -₹82,958EBITDA · -2% margin
- ₹5 LakhPaid-up capital
Balance sheet, profit and loss, cash flow and ratios of Sourcesage India Private Limited are on its company page.
Detailed financial statements for SourceSage
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Timeline of SourceSage
3 dated milestones of SourceSage across 5 years, from founding to its latest funding, stage changes and deals.
- Founded SourceSage is founded.
- Funding First funding round.
- Funding Latest funding round, Seed, of $2.2M.
Competitors of SourceSage
SourceSage 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 Cart.com, AnyMind Group, BigCommerce, ANS Commerce and CommerceIQ, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| cart.com | 2020 | Austin, United States | $481.56M | 998 | Software suite solutions are provided for e-commerce businesses. | |
| anymindgroup.com | 2016 | Singapore | $79.7M | – | Platforms for e-commerce, marketing, and manufacturing are provided. | |
| bigcommerce.com | 2009 | Austin, United States | $233.45M | 1,321 | SaaS-based software suites for e-commerce operations are provided. | |
| anscommerce.com | 2017 | Gurugram, India | $2.52M | 45 | E-commerce solutions and logistics are provided for online businesses. | |
| commerceiq.ai | 2012 | Mountain View, United States | $195.5M | 256 | AI platform for retail ecommerce management and optimization is provided. | |
| pattern.com | 2013 | Lehi, United States | $277M | 166 | Software suite solutions are provided for brands and e-commerce businesses. | |
| shopup.org | 2017 | Dhaka, Bangladesh | $198.12M | – | ShopUp is focused on empowering small businesses through technology. | |
| baozun.com | 2007 | Shanghai, China | – | – | E-commerce solutions are provided for retail brands online. | |
| acommerce.asia | 2013 | Bangkok, Thailand | $118.8M | – | End-to-end e-commerce solutions for brands are provided. | |
| woocommerce.com | 2008 | Cape Town, South Africa | – | – | Open source solution that enables retailers to build an online store |
Detailed competitors of SourceSage
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.
Similar companies to SourceSage
10 companies that operate in the same segment as SourceSage (E-Commerce Enablers & Infrastructure), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Integrated logistics services including parcel delivery and warehousing are provided. | 2011 | Gurugram, Haryana, India | USD 1.25 B | USD 1.12 B | 62,070 | |
E-commerce storefront solutions are provided for online businesses. | 2006 | Ottawa, Ontario, Canada | USD 122.25 M | USD 8.45 B | 8,100 | |
E-commerce tools for shipping, marketing, and financial services are provided. | 2012 | Gurugram, Haryana, India | USD 344.42 M | USD 135.47 M | 800 | |
Express delivery logistics solutions are provided for businesses and individuals. | 2015 | Bengaluru, Karnataka, India | USD 246.8 M | USD 447.86 M | – | |
Purchase financing solutions are offered to businesses via installment payments. | 2019 | Dubai, Dubai, United Arab Emirates | USD 837 M | – | – | |
SaaS email marketing solutions are offered to e-commerce businesses. | 2012 | Boston, Massachusetts, United States | USD 778.5 M | USD 1.23 B | 2,180 | |
Platform acquiring Amazon FBA brands | 2018 | Walpole, Massachusetts, United States | USD 3.35 B | – | 1 | |
Delivery channels management software is provided for restaurants. | 2015 | Bengaluru, Karnataka, India | USD 32.32 M | USD 2.97 M | 171 | |
Point-of-sale financing is facilitated via an online platform for retailers. | 2016 | Los Angeles, California, United States | USD 158.63 M | – | 128 | |
Digital consumer brands are acquired and enabled by technology platform. | 2004 | Manchester, Greater Manchester, United Kingdom | USD 722.56 M | USD 2.32 B | 6,790 |
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Frequently Asked Questions about SourceSage
SourceSage was founded in 2015 and raised its 1st funding round 2 years after it was founded.
SourceSage is headquartered in Singapore, Singapore.
SourceSage is a funded company, having raised a total of $2.23M across 2 funding rounds to date.
SourceSage has 1 employees.
The primary company behind SourceSage, Sourcesage India Private Limited, reported revenue of ₹37.4 Lakh for FY 2025, up 4% year on year.
SourceSage is an app-based market information platform for B2B businesses. It is a cross-platform B2B mobile app that aims to make physical commodities trading on-demand. It allows the users to communicate with each other by sending messages pictures and allows users to view each others profile. The communication is tied to the users mobile number to communicate with each other. The company offers frictionless quoting that allows buyers and sellers to bring automation to B2B quotations. It can be used for sales, marketing, procurement professionals, distributors, suppliers, wholesalers, freight forwarders, agents, importers exporters across industries such as chemicals, oil gas, agricultural, pharmaceuticals, and others. The company also offers cloud-based software solutions to create B2B e-commerce stores. Its app is available for Android and iOS platforms.
SourceSage's top competitors include CommerceIQ, ShopUp and Cart.com.
SourceSage has 2 investors. Key investors include Wavemaker Partners, and IGlobe Partners.
SourceSage operates through Sourcesage India Private Limited.
The legal entities of SourceSage currently have 2 directors, including Sasikiran Srikakulapu, Sim Heong Khee.