SourceDay

SourceDay, an enterprise software startup based in the United States, offers a supply chain software solution focused on Unified Supplier Collaboration. The company's mission focuses on ensuring 100% PO Delivery and Supplier Flexibility, allowing buyers and suppliers to collaborate in real time regarding price, quantity, and delivery date changes. This approach has garnered substantial results, as evidenced by SourceDay's impressive statistics. Since its founding in 2013, the company has processed a remarkable 10M PO lines and managed 11.6M PO changes, connecting over 18 thousand companies and orchestrating the receipt of 16.6B parts on-time in 2022 alone. The remarkable output has not gone unnoticed as SourceDay recently received a significant $31.50M Series C investment on 15 February 2022. The investment was led by a consortium of notable backers including Silverton Partners, Baird Capital, Draper Associates, Norwest Venture Partners, Alumni Ventures Blockchain Fund, ATX Venture Partners, and Ring Ventures. The company's performance and ability to impact manufacturers immediately with benefits such as accurate ERP data, decreased buffer stock, more on-time deliveries, and enhanced cash flow underscore its position as a compelling investment prospect in the Enterprise Software and Information Technology sectors.