# Sourceful

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sourceful

- Industry: Software
- Headquarters: Manchester, UK
- Website: www.sourceful.io
- Total disclosed funding: $31M
- Latest round: Series A (Nov 4, 2021)
- Investors on record: 4

## About

Based in Manchester, UK, and founded in 2020 by Wing Chan, Shiran Zheng and Mary Wang, Sourceful Ltd, formerly known as Chan Communications Limited, provides a sourcing and supply chain platform enabling businesses to find sustainable goods. In September 2021, Sourceful Ltd raised Seed funding from Index Ventures, Eka Ventures, Venrex Investment Management, and an individual investor.

Sourceful Ltd provides a sourcing and supply chain platform that helps businesses to find sustainable products, automate stock replenishment, and offset their carbon footprint. The company's platform offers tools, data, and products companies for sustainable sourcing.

As part of the funding in 2021, Sourceful Ltd will expand its operations and build out its platform, with plans to hire more staff in technology, sustainability, marketing, and operations.

## Funding rounds

- Series A, Nov 4, 2021, $21M — Index Ventures, Coatue Management, Eka Ventures
- Seed, Feb 8, 2021, $9.6M — Index Ventures, Venrex, Eka Ventures
- Seed, Oct 13, 2020, $1.3M — Venrex

## Investors

- Venrex (https://capitalatlas.ai/funds/venrex) — Seed
- Index Ventures (https://capitalatlas.ai/funds/index-ventures) — Seed, Series A
- Eka Ventures (https://capitalatlas.ai/funds/eka-ventures) — Seed, Series A
- Coatue Management (https://capitalatlas.ai/funds/coatue-management) — Series A