
Source Day is a leading provider of purchase order lifecycle management solutions, leveraging patent-pending AI and machine learning to enhance supply chain efficiency and mitigate risks. With over a decade of experience, Source Day helps manufacturers and distributors achieve significant improvements in on-time delivery rates, procurement efficiency, and overall business health. Their platform integrates seamlessly with existing ERP systems, providing real-time visibility and proactive risk management, which has resulted in substantial cost savings and operational improvements for their clients. Trusted by industry leaders, Source Day positions itself as a critical partner in optimizing supply chain processes and ensuring reliable supplier engagement.

Source Day is a leading provider of purchase order lifecycle management solutions, leveraging patent-pending AI and machine learning to enhance supply chain efficiency and mitigate risks. With over a decade of experience, Source Day helps manufacturers and distributors achieve significant improvements in on-time delivery rates, procurement efficiency, and overall business health. Their platform integrates seamlessly with existing ERP systems, providing real-time visibility and proactive risk management, which has resulted in substantial cost savings and operational improvements for their clients. Trusted by industry leaders, Source Day positions itself as a critical partner in optimizing supply chain processes and ensuring reliable supplier engagement.
Founded: 2013
Headquarters: Austin, Texas
Product: Cloud-based PO lifecycle and supplier collaboration platform with ERP integration
Tech: AI/ML features (branded SourceDay Intelligence)
Employees (approx.): 70
Known funding: $57.65M total (multiple rounds through 2022)
Supply chain procurement, supplier collaboration, purchase order lifecycle management, and risk mitigation for manufacturers and distributors.
2013
Supply chain software / SaaS
$6,500,000
Participation from Draper Associates and ATX Seed Ventures.
$12,500,000
Participation from existing investors including Silverton Partners, ATX Ventures and Draper Associates.
Reported in company funding history; specific amount and lead investor not stated in evidence.
“Has raised institutional venture capital across multiple rounds, including participation from Silverton Partners, Draper Associates, ATX Ventures, and Baird Capital.”