Austin, TX – According to filings with the U.S. Securities and Exchange Commission, SourceDay is raising $34,655,424.00 in new funding. Sources indicate as part of senior management Chief Executive Officer, Tom Kieley played a key role in securing the recent investment and it will aid in aggressively expanding the company, as well as broaden and accelerate product development.

About SourceDay
At SourceDay our founders built their careers in manufacturing, where they grew frustrated with the unnecessary costs, increased risk, and wasted time and productivity caused by unclear supplier relationships and incorrect ERP data. So, they decided to build a solution to prevent surprises and rebuild trust between manufacturers, distributors, direct-to-consumer businesses, and their suppliers. Every company works hard to meet their customer commitments, but supply chains are riddled with reasons that they miss wasting time and money on expedite fees, customer penalties, bad invoices, and unnecessary safety stock. Supplier collaboration is the first mile of your supply chain. SourceDay automates communication between buyers and suppliers and integrates with any ERP system, ensuring your entire organization has accurate, real-time data about supplier pricing, quantity, lead times and delivery dates.

To learn more about SourceDay, visit http://sourceday.com/

Contact:
Tom Kieley, Chief Executive Officer
512-361-7029
tom.kieley@sourceday.com
https://www.linkedin.com/in/tomkieley/

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