Tech Company Financing Transactions
SourceDay Funding Round
Draper Associates, ATX Venture Partners and Silverton Partners participated in a $3.5 million Seed funding round for SourceDay. The financing round was announced on 7/12/2017.
Transaction Overview
Company Name
Announced On
7/12/2017
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
Proceeds Purpose
The capital will fuel growth as the company hires product development and additional sales professionals to meet increasing demand. The investment will ensure manufacturing and distribution companies have a modern and strategic solution to manage their supply chain.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
9737 Great Hills Trail 100
Austin, TX 78759
USA
Austin, TX 78759
USA
Phone
Website
Email Address
Overview
SourceDay founders know manufacturing. Through their experience in the industry they uncovered capability gaps with widely used ERP systems that created unnecessary costs and wasted time to their organizations.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on all VC transactions involving tech companies. VC transactions reported here are sourced from a variety of public sources. The information is sourced from VentureDeal.com, an affiliated venture.
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