SOURCIX

AI-Powered Procurement Solutions for Custom Mechanical Items

Business Software
Private

Company Overview

Snapshot

Founded in June 2024 by Ben Halperin, Ofer Bar-Ner, and Or Jacobovitz, SOURCIX operates with 11–50 employees. The company has raised $2.5M across one funding round from one investor, Angular Ventures. In October 2024, SOURCIX secured Seed funding.

Business overview

SOURCIX offers a SaaS platform designed to optimize procurement processes for custom mechanical items, targeting medium to enterprise-level companies. The platform integrates vendor management with intelligent sourcing capabilities, leveraging AI and machine learning to forecast market prices and trends. This enables procurement teams to make informed and cost-effective purchasing decisions. SOURCIX provides tools for streamlining procurement, including real-time visibility, detailed analytics, and access to a robust marketplace, aiming to enhance efficiency, productivity, transparency, and control within the Business Software sector.

Company Intelligence Q&A

When was SOURCIX founded?
SOURCIX was founded in June 2024.
Who are the founders of SOURCIX?
SOURCIX was founded by Ben Halperin, Ofer Bar-Ner, and Or Jacobovitz.
What is SOURCIX's primary business sector?
SOURCIX operates within the Business Software sector, specifically focusing on Operations Solutions.
What is SOURCIX's core technology?
SOURCIX utilizes AI and machine learning to predict market prices and trends for custom mechanical items, enhancing procurement processes.