Food companies, restaurants, caterers, and accumulated kitchens accept struggled to acquisition and administer their suppliers in a agenda way. Best are still application paper, the Yellow Pages, and blast calls to do that.
Enter Sourcery, a Y Combinator-backed startup advancing out of clandestine beta today to advice with that problem. The aggregation has additionally aloft a absolute of $2.5 actor in berry allotment in trickles back Y Combinator.
The aggregation has congenital software that helps its barter administer their aliment suppliers. Through Sourcery, barter can handle all of their ordering, invoices, and payments online after defective to alter cardboard catalogues, acclimation on the phone, and befitting clue of dozens of invoices every week. Sourcery takes a cut from the affairs done through its site and charges fees to buyers and suppliers for application its tools. It additionally has a agenda of suppliers that barter can browse and use to acquisition new suppliers.
“We are operating in a actual big market, and it’s a bazaar that actual few bodies are acquainted of,” Sourcery arch controlling Na’ama Moran told VentureBeat in an interview.
“All these affairs amid buyers and suppliers are mostly still accident offline,” she said.
Although it’s about ablution today, Sourcery has been in clandestine beta back admission from Y Combinator’s accelerator affairs in March 2013. The company’s aboriginal chump was Palantir — its accepted arch of accouterment met Moran and aggregation back he was agriculture the Googlers — and it now boasts Airbnb, Asana, Dropbox, and Munchery.
Munchery has been a decidedly absorbing chump for Sourcery. While best of Sourcery’s barter mainly use the software to administer their absolute suppliers, Munchery acclimated it to acquisition new ones back it broadcast to Seattle.
Moran estimates that Sourcery helps about 30 percent of its barter acquisition new suppliers and that the agenda ancillary of its business is an breadth it should and will advance added assets in.
Sourcery has been in talks with meal commitment startup Sprig and acclimated to accept SpoonRocket as a chump until SpoonRocket did abroad with its kitchen and now delivers from caterers, assuming that the aggregation is absolutely attractive to advice all types of businesses, not alone accumulated kitchens and restaurants.
Sourcery’s 10-person aggregation is currently operating out of its SoMA appointment in San Francisco, and it’s currently alive on added architecture out the bell-ringer ancillary of its solution. The aggregation is additionally gearing up to alpha adopting a new annular of allotment in the a future.
Sourcery aloft its berry allotment from assorted angel investors, including Palantir co-founder Joe Lonsdale, Yammer arch technology administrator Adam Pisoni, Techstars co-founder and Box Group Investor David Tisch, Box Group’s Adam Rothenberg, Postini architect Shinya Akamine, Jeff Epstein, Oracle’s above arch banking administrator and lath affiliate of The Priceline Group, the California Endowment, and Y Combinator.
Sourcery was founded in 2012 by Moran and Peretz Partensky, and is based in San Francisco. The aggregation was allotment of Y Combinator’s Winter 2013 accumulation and additionally alternate in Alchemist Accelerator in 2012.
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