SourceDay in the News

SourceDay Spreading Its Direct Sourcing Feelers Out

SourceDay Spreading Its Direct Sourcing Feelers Out

SourceDay offers a Software-as-a-Service solution that automates the management of purchase orders, RFQs, and accounts payable for global supply chains.

SourceDay: There's no crying in supply chain management

SourceDay: Unlocking the Potential of the Buyer-Supplier Ecosystem

Tom Kieley, co-founder and CEO of SourceDay, discusses the ways in which his company provides its customers with visibility, and therefore trust, in their ERPs, allowing them to unlock the power of the modern supply chain ecosystem. See the full feature in Supply Chain Digital.

Cover of Innovate Austin

Innovate Austin

SourceDay was featured in Innovate Austin. A 300-page in-depth study and AR video series that showcases of all the people, companies, products, and services that are leading the race within Austin’s innovation and entrepreneurial ecosystem.

28 supply chain professionals share the biggest challenges of supply chain management

28 Supply Chain Professionals Share the Biggest Challenges of Supply Chain Management

Tom Kieley, CEO of SourceDay, weighs in on the biggest problems plaguing supply chain management today.

Hackett Group: Procurement Transformation Cuts Costs by 45%

Tom Kieley, CEO of SourceDay, speaks on how the digital transformation of procurement is changing the industry’s job market.

SourceDay Achieves ‘Built for NetSuite’ Status

SuiteApp allows NetSuite users to digitize their supply chains and now meets all NetSuite standards and best practices.

SourceDay Shines Light on New ERP Integration Status

SourceDay is celebrating its approval as a built for Oracle NetSuite hybrid SuiteApp. The direct spend procurement and purchase order management solution integrates to a wider range of ERP products

3 Tips to Improve the ‘first mile’ of Your Supply Chain

Tom Kieley, CEO of SourceDay, joins Spend Matters for a Q&A on how to improve supply chain efficiency.

SourceDay: There's no crying in supply chain management

SourceDay: There’s No Crying in Supply Chain Management

Tom Kieley, CEO at SourceDay, writes on how cloud-based supply chain management platforms offer a number of solutions and are changing the landscape of the supply chain industry.

Increase Supply Chain Productivity by Streamlining Your First Mile

SourceDay’s CEO, Tom Kieley, speaks about the “path to productivity” and how SourceDay helps make every link in a supply chain faster and more efficient.

The Top Austin Tech and Startup Hires (and Departures) of May 2019

The Top Austin Tech and Startup Hires (and Departures) of May 2019

SourceDay welcomes former Spredfast VP of Brand and Revenue Marketing, Sarah Moore, alongside former NSS labs and Ping Identity exec Emeka Obinwu as its new CMO and SVP of Alliances and Channel, respectively.

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SourceDay’s Supplier Collaboration Platform Achieves ‘Built for NetSuite’ Status

SourceDay, a leader in direct procurement automation and supplier collaboration, announced today that the SourceDay SuiteApp has achieved “Built for NetSuite” status.

Business-driven Security May Help Channel Unlock Innovation

Channel partners can expect to see business-driven security become a key theme and more news from the week – including SourceDay’s newly appointed Executives.

24 Companies Named to the 2019 Austin A-List of Hottest Companies

SourceDay is honored to join the Greater Austin Chamber of Commerce and celebrate being named one of Austin’s hottest startups at the A-List Awards.

‘7 Minutes’ with SourceDay SVP Alliances and Channel Emeka Obianwu

Read the full Q&A session between Channel Partners and SourceDay Executive, Emeka Obianwu.

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24 Leading Austin Companies Honored by Chamber

SourceDay among the twenty-four companies honored for their innovation and business success at the Austin Chamber of Commerce’s A-List Awards on May 23.

The Top Austin Tech and Startup Hires (and Departures) of May 2019

The Beat: Powered by Austin Inno — Making Moves

SourceDay, a local supply chain automation startup, added former Spredfast VP of Brand and Revenue Marketing Sarah Moore as its new CMO and ormer NSS Labs and Ping Identity exec Emeka Obinwu as its SVP of alliances and channel.

SourceDay Sets Sights on Channel Build-Out

SourceDay makes the first channel hire on heels of dramatic recurring revenue growth.

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Afternoon Coffee: U.S. Electric Vehicle Supply Chain’s Hurdles; Fraxion’s Spend Management Solution Launch

Supply chain SaaS solution provider SourceDay announced it had added two seasoned executives to its leadership team, one of them from Spredfast.

Business experts discuss the future of finance & accounting

Business Experts Discuss the Future of Finance & Accounting

Tom Kieley, SourceDay CEO discusses disruption and what’s on the horizon with finance experts.

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SourceDay: Vendor Introduction, Analysis and SWOT [PRO]

Manufacturers today are slowly seeing an expanding set of purchasing tools beyond ERP and MRP alone. SourceDay takes on many of the problems that procurement organizations find in managing direct materials spend.

The 20 Coolest Cloud Software Vendors of the 2019 Cloud 100

Check out 20 cloud software companies, including SourceDay, whose cloud software has caught our attention.

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An Interview with Entrepreneur Tom Kieley

In an exclusive interview with Devathon, SourceDay co-founder and CEO Tom Kieley traces his journey so far and his plans for the years ahead.

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Direct Materials Procurement – Does Europe Have A Market That North America Doesn’t?

Procurement industry expert and Spend Matters founder, Jason Busch, agree that SourceDay has “succeeded in creating a distinctive European direct materials procurement solutions market that exists outside of the generic source-to-pay realm.”

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ATX Seed Ventures Closes $32M Second Fund, Aims to Raise $100M in Third for More Tech Investments

An investment firm that’s been highly active in recent weeks just disclosed how much money it’s working with.

Afternoon Coffee: AT&T-Time Warner Deal Wins Appeal vs. Trump Justice Dept.; Tipalti Adds Foreign Currency Exchange Solution

Procurement software provider SourceDay on Tuesday detailed how it is growing: adding two board members and reporting 230% revenue growth year over year, as well as adding customers and staff.

ATX Seed Ventures Plans to Raise its Third Venture Fund

ATX Seed Ventures Plans to Raise its Third Venture Fund

With Sourceday, AlertMedia, LIFT Aircraft and others in their portfolio, ATX Seed Ventures plans to announce its third fund this year.

Is Direct Materials Procurement a Separate Technology Market in North America? (Part 1: Introducing a Decision Framework)

SourceDay may be selling to an entirely new direct materials procurement solutions market.

How to Have a Smarter VC Strategy

How to Have a Smarter VC Strategy

SourceDay CEO, Tom Kieley weighs in on four tips for startups on their journey towards Series A funding.

Beyond the technical: The Traits That Help Engineers at 5 Austin Companies Succeed

Beyond the technical: The Traits That Help Engineers at 5 Austin Companies Succeed

SourceDay looks for individuals who have the aptitude for decomposing a problem to find a true solution.

SourceDay Delivers A SaaS Platform That Automates Direct Procurement

SourceDay Delivers A SaaS Platform That Automates Direct Procurement

See the full Q&A with Tom Kieley, CEO and Co-Founder of SourceDay.

#30: Origin, Avochato & more

PD Reporter: #30: Origin, Avochato & more📍

PD Reporter curates a weekly selection of exclusive interviews with early-stage founders and VC firms. Learn more about SourceDay in this interview on the recent funding announcement.

Tech roundup: Aceable scores $47M for major expansion, a big week for acquisitions, and more

Austin Tech Wraps up 2018 With Almost $80M in New Capital Raised in December

Austin tech tapped off 2018 with nearly $80 million in new capital throughout December. Thirteen companies, including SourceDay, benefited from fresh funding, with the average deal size coming in at just under $6 million. 

SourceDay Gets $6.5 Million Investment for Its Direct Spend Solution

Spend Matters: SourceDay Gets $6.5 Million Investment for Its Direct Spend Solution

Procurement software provider SourceDay on Wednesday announced it has received $6.5 million in Series A funding from three capital venture firms.

Tom Kieley, SourceDay CEO and Co-Founder

SourceDay Gets $6.5 Million in Funding and Plans to Double in Size in Austin

SourceDay has 100 enterprise companies as customers and more than 3,000 suppliers in seven countries on its platform and it’s growing.

Austin Software Maker SourceDay Raises $6.5 Million for Growth

Austin software company SourceDay, which helps manufacturing companies automate the order fulfillment process, said Wednesday that it has raised $6.5 million from investment firms Silverton Partners, Draper Associates and ATX Seed Ventures.

The Top Austin Tech and Startup Hires (and Departures) of May 2019

The Beat: Powered by Austin Inno — New Money

SourceDay, launched in 2015, plans to channel Series A funding to new sales and marketing efforts. It has now raised $10.8M total.

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

“SourceDay’s software is well-timed with the rapidly increasing demand for solutions that digitize the supply chain,” said Morgan Flager, General Partner with Silverton Partners.

SourceDay scores $6.5M Series A to bring on 25 new employees

SourceDay Scores $6.5M Series A to Bring on 25 New Employees

“We solve for the inefficiencies, challenges and errors that come with manual procurement processes.” – Tom Kieley, SourceDay CEO and Co-Founder

SourceDay Secures $6.5M in Series A Financing

SourceDay Secures $6.5M in Series A Financing

SourceDay, an Austin, Texas-based direct spend management automation company, completed a $6.5m in Series A financing.

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SourceDay Raises $6.5M in Series A Financing Led by Silverton

SourceDay Series A financing will be used to expand the Austin, Texas-based company’s sales and marketing efforts and develop new products. The investment brings the company’s total fundraising to $10.8 million.

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SourceDay Picks Up $6.5mln Series A

See SourceDay’s Series A mention in The PE Hub Network.

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Tech funding: App Radar, Buzzoole, Workato, SourceDay

Technology companies such as App Radar, Buzzoole, Workato, SourceDay, Looker, and others have announced their latest funding rounds.

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Draper Associates, Silverton Invest in SourceDay’s New Seven-figure Funding

SourceDay Inc. announced a $6.5 million series A round Dec. 5 and the backing of prominent investors such as Draper Associates, which has invested in Tesla Inc. and Skype, and Silverton Partners, one of the most active early-stage investor in Texas.

B2B Investors Set Sights On Data, AI, Analytics

B2B Investors Set Sights on Data, AI, Analytics

Venture capitalists and equity investors targeted companies that apply big data technologies, including artificial intelligence, to an array of use cases, including fleet and manufacturing — leading to more than $322 million raised for B2B startups this week. See SourceDay’s mention in this funding recap.

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Daily Funding Roundup – December 7th, 2018

SourceDay has raised $6.5 million in Series A funding from Silverton Partners, Draper Associates and ATX Seed Ventures.

FORTUNE: Term Sheet — Friday, December 7

FORTUNE: Term Sheet — Friday, December 7

SourceDay, an Austin, Texas-based provider of automating direct spend procurement, purchase order management and supplier collaboration solutions, raised $6.5 million in Series A funding.

How Accurate, Speedy Supplier Payments Start With The PO

How Accurate, Speedy Supplier Payments Start With The PO

Discover how SourceDay helps customers shift away from manual processes in the accounts payable space.