# Sourcr

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sourcr-pty

- Industry: Internet
- Headquarters: Sydney, Australia
- Website: www.sourcr.com
- Total disclosed funding: $0.2M
- Latest round: Seed (Jun 30, 2018)
- Investors on record: 3

## About

Based in Sydney, Australia, Sourcr Pty Ltd is a provider of a reputation management platform specifically tailored for recruitment agencies, helping them enhance their online credibility through authentic reviews.Sourcr Pty Ltd operates a reputation management platform aimed at recruitment agencies. Founded in 2016 in Sydney, Australia, it has completed 5 deals as of August 1, 2020. The company was co-founded by Chris Almond and James Jennings, who have not been noted for founding any other companies. In its latest funding round, Sourcr raised AUD 126,391 with participation from investors including Ampersand, Business Advisory Solutions Pty Ltd, Earthy Zest Nominees Pty Ltd, and LDM1 Nominees Pty Ltd. The total amount raised to date is AUD 126,391, with a current company valuation of AUD 3.426 mn.Sourcr offers a reputation management platform designed specifically for recruitment agencies, enabling them to build trust online through client and candidate reviews. The platform allows agencies to collect, manage, and showcase authentic reviews, serving as social proof to potential clients and candidates. By leveraging client feedback, agencies can enhance their brand perception and differentiate themselves in a competitive marketplace. Sourcr's services are particularly valuable for recruitment agencies seeking to increase candidate applications and improve the quality of hires, with a client base spanning North America, Europe, and Australia.Sourcr generates revenue through a subscription-based model specifically tailored for recruitment agencies. Clients engage with Sourcr by subscribing to access the platform's features, including reputation management tools, review collection, and brand enhancement services. The company's structure involves direct partnerships with recruitment agencies, allowing them to utilize Sourcr’s tools to increase visibility and client engagement. Pricing plans are structured around tiers of service offering various levels of functionality and support, enabling agencies to select a plan that fits their operational needs, which in turn facilitates recurring revenue for Sourcr.Sourcr intends to leverage the recent funding of AUD 126,391 raised on August 1, 2020, to enhance its platform and introduce new features aimed at improving user experience and engagement. The company plans to expand into additional geographical markets, focusing on North America and Europe by the end of 2022. This strategic expansion is designed to broaden their client base and increase market penetration in the recruitment sector.

## Funding rounds

- Seed, Jun 30, 2018, $0.2M — Sydney Angels, Business Advisory Solutions Pty Ltd, Ampersand

## Investors

- Sydney Angels (https://capitalatlas.ai/funds/sydney-angels) — Seed
- Business Advisory Solutions Pty Ltd — Seed
- Ampersand (https://capitalatlas.ai/funds/ampersand) — Seed