Fundraising Fox
SourceDay
Cedar Park, US · Founded 2013 · Delaware corporation · 70 employees on LinkedIn · 6 known investors
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SourceDay provides an AI-driven supplier portal that connects suppliers directly to a company's ERP, keeping purchase order data on dates, prices, and quantities in sync across buyers, suppliers, and internal teams. It serves manufacturers and distributors managing direct material procurement and supply chain collaboration.
Founders & leadership
SourceDay was founded in 2013 by Clint McRee and Tom Kieley.
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Clint McReeCo-Founder & Author "Start-up Lessons Learned Along the Way Our SourceDay Journey"He spent over a decade operating a manufacturing business before founding SourceDay, and earlier held roles in enterprise software sales.
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Tom KieleyCo-founder · Member Board of DirectorsTom Kieley is a founder and operator with over a decade of experience in SaaS and infrastructure companies. He previously led SourceDay as an executive, raising over $60 million in venture funding and scaling the team to over 100 employees; he currently leads Bryte Light, an Austin-based company developing intelligent lighting and sensor systems for infrastructure applications.
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Michael MillerChief Executive OfficerMichael Miller is CEO of SourceDay, which provides an AI-driven supplier portal that syncs purchase order data across buyers, suppliers, and internal teams for manufacturers and distributors.
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Peter FeldmanChief Technology OfficerHe previously co-founded M87 (acquired by XCOM Labs) and held engineering leadership roles at AT&T Wi-Fi and Nomadix.
Board
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Investors · 6
Alumni Ventureslisted by Alumni VenturesManchester · $100K – $10M
How we know: av.vc · Not right? Tell us
ATX Venture Partnerslisted by ATX Venture PartnersAustin · $250K – $5M
How we know: the VCSheet dataset · Not right? Tell us
Baird Capitallisted by Baird CapitalChicago
How we know: Baird Capital's portfolio page · a partner's Signal profile · funding news · Not right? Tell us
Draper Associateslisted by Draper AssociatesSan Mateo · $500K – $5M
How we know: Draper Associates's portfolio page · funding news · Not right? Tell us
Norwest Venture Partnerslisted by Norwest Venture PartnersMenlo Park · $10M – $30M
How we know: funding news · open dataset · 5k.vc investor directory · Not right? Tell us
Silverton Partnerslisted by Silverton PartnersAustin · $200K – $2Mvia Morgan Flager · board
How we know: Silverton Partners's portfolio page · a partner's Signal profile · board seat on SEC Form D · funding news · Not right? Tell us
Reported raises · per SEC filings
Form D private placements$58M disclosed across 4 of 5 rounds · 2017–2024
▶$34.7MraisedFeb 2022 · 23 investors · Other TechnologyRule 506(b)
▶$34.7MraisedFeb 2022 · 23 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Paul BellDirector
- Morgan FlagerDirector
- Joanna ArrasDirector
- Clint McReeDirector, Executive Officer
- Sean JacobsohnDirector
- Tom KieleyExecutive Officer, Director
- Offering amount
- $34.7M
- Amount sold
- $34.7M
- First sale
- Feb 2022
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$12.5MraisedApr 2020 · 9 investors · Other TechnologyRule 506(b)
▶$12.5MraisedApr 2020 · 9 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Paul BellDirector
- Tom KieleyExecutive Officer, Director
- Morgan FlagerDirector
- Joanna ArrasDirector
- Clint McReeDirector
- Offering amount
- $12.5M
- Amount sold
- $12.5M
- First sale
- Mar 2020
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$6.5MraisedDec 2018 · 6 investors · Other TechnologyRule 506(b)
▶$6.5MraisedDec 2018 · 6 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Clint McReeDirector
- Tom KieleyExecutive Officer, Director
- Morgan FlagerDirector
- Ken KieleyExecutive Officer
- Offering amount
- $6.5M
- Amount sold
- $6.5M
- First sale
- Dec 2018
- Incorporated
- Corporation, Delaware
- Federal exemptions
- 06b
▶$4.3MraisedJul 2017 · 12 investors · Other TechnologyRule 506(b)
▶$4.3MraisedJul 2017 · 12 investors · Other Technology
Rule 506(b)Officers, directors & promoters on the filing
- Morgan FlagerDirector
- Clint McReeDirector
- Tom KieleyExecutive Officer, Director
- Offering amount
- $4.3M
- Amount sold
- $4.3M
- First sale
- Jun 2017
- Incorporated
- Corporation, Delaware, 2013
- Federal exemptions
- 06b
Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.
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Companies working in the same space as SourceDay.
In the news
Frequently asked questions
- What does SourceDay do?
- SourceDay provides an AI-driven supplier portal that connects suppliers directly to a company's ERP, keeping purchase order data on dates, prices, and quantities in sync across buyers, suppliers, and internal teams. It serves manufacturers and distributors managing direct material procurement and supply chain collaboration.
- Who founded SourceDay?
- SourceDay was founded by Clint McRee, Tom Kieley in 2013.
- Who are SourceDay's investors?
- SourceDay's investors include Alumni Ventures, ATX Venture Partners, Baird Capital, Draper Associates, Norwest Venture Partners, Silverton Partners.
- How much funding has SourceDay raised?
- SourceDay has disclosed $58M raised across 4 of its 5 known rounds.
- Where is SourceDay headquartered?
- SourceDay is headquartered in Cedar Park, US.