Details

Last Funding Type

Seed

Last Funding Money Raised

$2.50M

Industries

Analytics,B2B,E-Commerce,E-Commerce Platforms,Financial Services,FinTech,Food and Beverage,Payments,Restaurants,Wholesale

Founded date

Jan 1, 2012

Number Of Employee

11 - 50

Operating Status

Active

Legal Name

Sourcery Technologies, Inc.

Also Known As

Sourcery

Sourcery is developing a payments and commerce platform that focuses on the wholesale foodservice industry, a $220B market that still runs on 1980s technology: buyers search for products in paper catalogs, submit orders by fax or phone, and deal with paper invoices and checks. Sourcery's platform brings all of these transactions online.

Sourcery enables companies of all sizes to handle their AP needs in one place. We turn a stack of invoices into a boatload of insights automagically. We work with leading restaurateurs, operators and accountants to build the best accounts payable solution for the industry. Owners and executives of multi-unit restaurant organizations rely on Sourcery to provide a scalable solution to help them create efficiencies, and, ultimately, grow their business, while impacting their bottom line. Sourcery integrates with most accounting software and restaurant management applications.

We use a combination of computation and human verification to have the best in class extraction of structured data from invoices down the the line item. Our data analytics automatically detect anomalies and notify purchasers about rising prices.

Customers include Palantir, Dropbox, Airbnb, Stripe as well as restaurants, caterers, and other food businesses.

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