Company Updates

  • SourceDay Announces Record Growth as One of Austin’s Fastest-Growing Companies

    SourceDay Announces Record Growth as One of Austin’s Fastest-Growing Companies

    75 Percent Growth in ACV, 1,300 Percent Increase in Spend, 100 Percent Employee Growth, and HQ Expansion AUSTIN, Texas— SourceDay, the direct spend industry’s leading supplier collaboration engine, today announced a series of performance and momentum milestones, including 75 percent growth in total annual contract value during 2019. In 2019, SourceDay added thousands of additional…

  • SourceDay Snags Spredfast Executive and Channel Development Veteran Amid Rapid Growth

    SourceDay Snags Spredfast Executive and Channel Development Veteran Amid Rapid Growth

    Sarah Moore and Emeka Obianwu Join Leadership Team as CMO and SVP, Alliances & Channel AUSTIN, Texas— SourceDay, the leading supply chain automation SaaS solution, today announced it added two seasoned executives to its leadership team. Spredfast veteran Sarah Moore joined the company as its new Chief Marketing Officer (CMO), and former NSS Labs and…

  • SourceDay Secures $6.5 Million Series A Financing from Leading Venture Firms

    SourceDay Secures $6.5 Million Series A Financing from Leading Venture Firms

    Direct spend management automation company to aggressively accelerate sales, marketing and execution of product roadmap AUSTIN, Texas— SourceDay, the pioneer in automating direct spend procurement, purchase order management and supplier collaboration, today announced it has completed a $6.5 million Series A round of financing from three venture capital firms, Silverton Partners, Draper Associates and ATX…