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How SourceDay CEO Tom Kieley grew SourceDay 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.

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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.

SourceDay Revenue GrowthReported revenue / ARR by year$0$4M$8M$12M$16M$20M2013201520172019202120232024$0$1M$7M$12M$13M$19MSource: GetLatka.com
YearMilestone
2024SourceDay Hit $18.9m revenue in October 2024
2023SourceDay Hit $12.7m revenue in November 2023
2022SourceDay Hit $11.5m revenue in November 2022
2022SourceDay Hit $11.5m revenue in February 2022
2021SourceDay Hit $6.6m revenue in November 2021
2021SourceDay Hit $6.6m revenue in April 2021
2018SourceDay Hit $1m revenue in December 2018
2013Launched 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.

SourceDay Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$13M$25M$38M$50M$63M2013201520172019202120222013 cumulative: $0 • 2013 Founded: $02015 cumulative: $750K • 2013 Founded: $0 • 2015 Convertible Note: $750K2017 cumulative: $4M • 2013 Founded: $0 • 2015 Convertible Note: $750K • 2017 Seed Round: $4M2018 cumulative: $11M • 2013 Founded: $0 • 2015 Convertible Note: $750K • 2017 Seed Round: $4M • 2018 Series A: $7M2020 cumulative: $23M • 2013 Founded: $0 • 2015 Convertible Note: $750K • 2017 Seed Round: $4M • 2018 Series A: $7M • 2020 Series B: $13M2022 cumulative: $55M • 2013 Founded: $0 • 2015 Convertible Note: $750K • 2017 Seed Round: $4M • 2018 Series A: $7M • 2020 Series B: $13M • 2022 Series C: $32M$55M2013 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% Sold
2022Series C$31.5M--
2020Series B$12.5M--
2018Series A$6.5M--
2017Seed Round$3.5M--
2015Convertible Note$750K--

SourceDay Employees & Team Size

SourceDay employs approximately 87 people as of 2026, down from 107 in 2023.

SourceDay has 87 total employees in different roles and functions and 19 sales reps that carry a quota.

SourceDay Team GrowthReported headcount over time03060901201502013201520172019202120232024008787Source: GetLatka.com
YearMilestone
2024Reached 87 employees (December 2024)
2024Reached 107 employees (October 2024)
2023Reached 107 employees (November 2023)
2023Reached 107 employees (September 2023)
2023Reached 124 employees (January 2023)
2022Reached 96 employees (November 2022)
2022Reached 96 employees (February 2022)
2022Reached 114 employees (January 2022)
2021Reached 85 employees (November 2021)
2021Reached 85 employees (August 2021)
2021Reached 79 employees (April 2021)
2020Reached 75 employees (November 2020)

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.

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Customers

We do not have customer count information for SourceDay yet.

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.

Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

SourceDay Revenue 2024: $18.9M ARR, $54.8M Raised