S
Sourceful
Our sourcing and supply chain platform specialises in finding the most sustainable auxiliary goods that accompany your company's core products
About Sourceful
Sourceful is a forward-thinking startup that leverages the power of artificial intelligence (AI) to revolutionize the packaging industry. The company primarily serves climate-conscious brands that are looking to switch to more sustainable packaging solutions. Sourceful operates in the packaging market, which is a critical component of supply chains across various industries, including food and beverage, e-commerce, and subscription services.
Sourceful's business model is centered around its innovative platform that allows clients to design, produce, and manage sustainable packaging solutions all in one place. The platform offers a range of tools, including a generative packaging design feature that uses AI to create unique packaging ideas in minutes. Clients can visualize and proof their packaging online using Sourceful Studio, which turns static 2D designs into animated 3D prototypes. This feature helps brands save time and reduce operational costs by allowing them to test new ideas quickly without waiting for physical samples.
The company generates revenue by offering its platform as a service to brands that need sustainable packaging solutions. Clients pay for the design, production, and management services provided by Sourceful. Additionally, Sourceful may earn income from partnerships with suppliers and other stakeholders in the packaging supply chain.
Sourceful's mission is to use science and data to create the packaging the world needs, making the switch to sustainable packaging easier and more efficient. By providing a one-stop solution for sustainable packaging, Sourceful helps brands reduce their environmental impact while also streamlining their packaging processes.
Source: Dealroom company dataAt a glance
- Status
- Operational
- Founded
- 2020
- Headquarters
- Manchester, United Kingdom
- Employees
- 54
- Open positions
- None listed
- Dealroom signal
- 86.0/100
- Industry
- Enterprise Software
- Sector
- AI, Supply Chain Management, Core AI, Supply Chain Software, Sustainable Development Goals, Industrial Technology, Climate Tech, Circular Economy, Hard Tech, Woman Founder, uk is8 digital and technologies
- Technology
- Artificial Intelligence
- Business model
- SaaS
- Client focus
- b2b
Knowledge graph
More headlines
Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| SERIES A✓Equity / VC | Mar 2022 | $20M | $80M | Coatue Management · Index Ventures · Eka Ventures | ↗ |
| SUPPORT PROGRAM✓Other financing | Sep 2021 | $0 | — | Tech Nation | — |
Financials
Revenue, earnings and other financial measures where available. Years marked “E” are estimates.
Growth signals
Latest recorded traffic for Sourceful is 31K monthly website visits, up 3.3% over the last three months. Sourceful's team grew 25.6% over the past year.
Similar companies
Company identity and context are open; selected comparison metrics preview what is available on the platform.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Seed5 investors entered at this stage
Venrex
Index Ventures
Dylan Field
Eka Ventures
Dylan Collins
Series A1 investor entered at this stage
Other known investors4 additional known investors
Tech Nation
Circle & Co
Dominic Mcgregor
Sasha Trower
Source: Dealroom Talent Intelligence.
Global footprint
team presence
Market sentiment
An AI-synthesised read of the highest-engagement posts about Sourceful on X, ranked by likes and reposts, corporate channels excluded.
Reading the room on X — pulling top posts and synthesizing themes…
Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour
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