2024 Revenue
$18.9M
Funding
$54.8M
YOY
48.9%
Team
87
Founded
2013
How SourceDay CEO Tom Kieley grew to $18.9M revenue with a 87 person team in 2024.
Developer of a purchase order management platform designed to accelerate ERP and improve on-time deliveries. The company's purchase order management platform integrates with the most widely used manufacturing ERP systems and automates the process of fulfilling purchase order requests more easily, quickly and accurately and extends ERP purchasing capabilities by centralizing and managing the PO lifecycle for buyers and suppliers, enabling companies to eliminate manual processes and improve supplier performance.
Last updated
SourceDay Revenue
In 2024, SourceDay's revenue reached $18.9M. The company previously reported $12.7M in 2023. Since its launch in 2013, SourceDay has shown consistent revenue growth.
| Year | Milestone | Quote |
|---|---|---|
| 2024 | SourceDay Hit $18.9m revenue in October 2024 | |
| 2023 | SourceDay Hit $12.7m revenue in November 2023 | |
| 2022 | SourceDay Hit $11.5m revenue in November 2022 | |
| 2022 | SourceDay Hit $11.5m revenue in February 2022 | |
| 2021 | SourceDay Hit $6.6m revenue in November 2021 | |
| 2021 | SourceDay Hit $6.6m revenue in April 2021 | |
| 2018 | SourceDay Hit $1m revenue in December 2018 | |
| 2013 | Launched with $0 revenue |
SourceDay Valuation, Funding Rounds
SourceDay has not publicly disclosed its valuation. The company has raised $54.8M in total funding to date.
SourceDay has raised $54.8M in total funding across 5 rounds, most recently a $31.5M Series C round in 2022.
| Year | Round | Amount | Valuation | % Sold | Quote |
|---|---|---|---|---|---|
| 2022 | Series C | $31.5M | - | - | |
| 2020 | Series B | $12.5M | - | - | |
| 2018 | Series A | $6.5M | - | - | |
| 2017 | Seed Round | $3.5M | - | - | |
| 2015 | Convertible Note | $750K | - | - |
Founder / CEO
Tom Kieley
As a veteran business owner, Tom knows how to recruit top talent and build a lean team to manage growth. He is also good at conveying company vision and goals to employees, partners, prospects, customers, and industry leaders. But it’s the execution of that vision that makes him such an asset for SourceDay. Tom wears many hats, but his priority is maintaining key relationships and providing oversight across SourceDay. His decade plus of experience in product management and operations, hardware and software sales and supply chain management fosters his creative ideas around how best to achieve the goals that lead to company success.
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for SourceDay yet.
SourceDay Employees & Team Size
SourceDay employs approximately 87 people as of 2026, down from 107 in 2023, including 19 sales reps that carry a quota.
| Year | Milestone |
|---|---|
| 2024 | Reached 87 employees (December 2024) |
| 2024 | Reached 107 employees (October 2024) |
| 2023 | Reached 107 employees (November 2023) |
| 2023 | Reached 107 employees (September 2023) |
| 2023 | Reached 124 employees (January 2023) |
| 2022 | Reached 96 employees (November 2022) |
| 2022 | Reached 96 employees (February 2022) |
| 2022 | Reached 114 employees (January 2022) |
| 2021 | Reached 85 employees (November 2021) |
| 2021 | Reached 85 employees (August 2021) |
| 2021 | Reached 79 employees (April 2021) |
| 2020 | Reached 75 employees (November 2020) |
Frequently Asked Questions about SourceDay
What is SourceDay's revenue?
SourceDay generates $18.9M in revenue.
Who founded SourceDay?
SourceDay was founded by Tom Kieley.
Who is the CEO of SourceDay?
The CEO of SourceDay is Tom Kieley.
How much funding does SourceDay have?
SourceDay raised $54.8M.
How many employees does SourceDay have?
SourceDay has 87 employees.
Where is SourceDay headquarters?
SourceDay is headquartered in Austin, Texas, United States.
Compare SourceDay to the industry
SourceDay operates across multiple industries. Browse revenue, funding, and growth data for SourceDay in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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