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LightSource
LightSource develops a supply chain management platform to help professionals collaborate with their suppliers. It also allows collaborating with teammates on strategic sourcing projects, sending…
LightSource
LightSource develops a supply chain management platform to help professionals collaborate with their suppliers. It also allows collaborating with teammates on strategic sourcing projects, sending…
TL;DR
What they do: AI-native supply-chain / strategic sourcing platform for direct materials (BOM ingestion, RFQs, quote parsing, bid comparison)
Founded / HQ: Founded 2021; headquartered in San Francisco, California
Founders: Spencer Penn (Co‑Founder & CEO) and Idan Mintz (Co‑Founder & CTO)
Employees: Approximately 48
Recent funding: Raised about $33M (seed / Series A) with reported participation from Bain Capital Ventures and Lightspeed
Company Overview
Problem Domain
Enterprise procurement / direct materials strategic sourcing and supply-chain management
Founded
2021
Industry
Supply chain software; procurement
Funding Track Record
$33,000,000.00
Round reported as co-led by Lightspeed Venture Partners and Bain Capital Ventures; company emerged from stealth with this financing.
Investor Signal
“Venture-backed (reported institutional investors include Bain Capital Ventures, Lightspeed Venture Partners, and Pillar VC)”
Founders
What we do
Join the Team
Startup jobs. A lot of them.
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