LogicSource
Latest round
- Series B
Last raised
- Oct 2020
Total raised
- $11M
Investors
- 3
About LogicSource
LogicSource, Inc.LogicSource, Inc. is a leading provider of sourcing and procurement solutions. Founded by David Pennino and Jeff Schwartz, the company is headquartered in Norwalk, US.LogicSource offers a comprehensive suite of sourcing and procurement solutions designed to optimize the procurement process and enhance profitability for businesses across various industries. The company's flagship product, the OneMarket Platform, integrates multiple technology modules that facilitate the entire Source-to-Pay lifecycle. This platform, along with supporting services like Insights®, Portfolio®, Sourcing®, and Procure-to-Pay®, enables clients to manage and analyze indirect expenditures effectively. LogicSource caters to a diverse client base, including industries such as retail, consumer packaged goods, healthcare, financial services, and private equity, providing tailored solutions to meet unique procurement needs.LogicSource generates revenue through a model centered on managed procurement services, leveraging a combination of subscription-based and transaction-based structures. Clients engage LogicSource for ongoing support in managing their indirect spending, often resulting in significant cost savings. Transactions typically involve long-term partnerships with businesses that seek improvements in sourcing efficiency and cost management, particularly in areas like supplier onboarding and category management.In April 2022, LogicSource, Inc. LogicSource is focused on expanding its presence in international markets, aiming to reach additional sectors by the end of 2023.
Who invested in LogicSource
3 investors across 2 rounds
See all investors in LogicSource
Sign up free to see every VC on the cap table, the rounds they joined, and how much each round raised.
Questions about LogicSource
Who invested in LogicSource?
LogicSource has 3 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.
How much funding has LogicSource raised?
LogicSource has raised 2 venture rounds. Sign up free to see how much each round raised and the total.
When did LogicSource last raise money?
LogicSource's most recent round on record is a Series B, in Oct 2020.
What does LogicSource do?
LogicSource is a business support services company.
Where is LogicSource headquartered?
LogicSource is headquartered in Norwalk, US.
Which VCs invest in companies like LogicSource?
Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back business support services companies at LogicSource's stage. Their profiles are linked below.
VCs backing business support services startups at Series B
Raising like LogicSource? Find the right VCs.
Capital Atlas matches your startup to active investors by stage, sector and region.