Sourcient (Illinois) Overview

  • Year Founded
  • 2012

Year Founded

  • Status
  • Private

  • Employees
  • 11

Employees

  • Latest Deal Type
  • 2ndary - Private

  • Investors
  • 2

Sourcient (Illinois) General Information

Description

Operator of an online marketplace intended to help develop supply chains and measure the impact of local and sustainable food purchasing for institutions. The company's technology lifts existing hurdles in sourcing, reporting, supply chain, and logistics to bring transparent data and democratic access to local and sustainable foods programming, enabling local farms to connect with institutions online by developing their online market, filling large commercial orders and providing fresh local food to customers with an option of pre-orders and prepayment.

Contact Information

Website
sourcient.info
Formerly Known As
FarmLogix
Ownership Status
Privately Held (backing)
Financing Status
Formerly VC-backed
Corporate Office
  • 515 North State Street
  • Suite 1000
  • Chicago, IL 60654
  • United States
+1 (847)
Primary Industry
Business/Productivity Software
Other Industries
Logistics
Vertical(s)
AgTech, Supply Chain Tech, TMT
Corporate Office
  • 515 North State Street
  • Suite 1000
  • Chicago, IL 60654
  • United States
+1 (847)

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Sourcient (Illinois) Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
5. Secondary Transaction - Private 01-Jan-2023 Completed Generating Revenue
4. Grant 31-Dec-2017 Completed Generating Revenue
3. Grant 31-Dec-2015 Completed Generating Revenue
2. Grant 15-Oct-2015 $50K Completed Generating Revenue
1. Early Stage VC 14-May-2012 Completed Startup
To view Sourcient (Illinois)’s complete valuation and funding history, request access »

Sourcient (Illinois) Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last
Financing
Details
Operator of an online marketplace intended to help develop supply chains and measure the impact of local and sustainable
Business/Productivity Software
Chicago, IL
11 As of 2022

Chicago, IL
 

Chicago, IL
 
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Sourcient (Illinois) Competitors (2)

One of Sourcient (Illinois)’s 2 competitors is Project44, a Venture Capital-Backed company based in Chicago, IL.

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Project44 Venture Capital-Backed Chicago, IL
FourKites Venture Capital-Backed Chicago, IL
You’re viewing 2 of 2 competitors. Get the full list »

Sourcient (Illinois) Patents

  • 8

    Total Documents Applications and Grants

  • Total Patents Families

  • 6

    Granted

  • 1

    Pending

  • Expiring in next 12 mo

Sourcient (Illinois) Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-20150235170-A1 Agriculture distribution and management system Inactive 14-Feb-2014
US-11861548-B2 Distributed computing system that practically applies networked computing technology and machine-readable indicia to support traceability of products from providers to clients Active 14-Feb-2014
US-12141739-B2 Distributed computing system that practically applies networked computing technology and machine-readable indicia to support traceability of products from providers to clients Active 14-Feb-2014
US-12475429-B2 Distributed computing system that practically applies networked computing technology and machine-readable indicia to support traceability of products from providers to clients Active 14-Feb-2014
US-20220188763-A1 Distributed computing system that practically applies networked computing technology and machine-readable indicia to support traceability of products from providers to clients Active 14-Feb-2014 G06Q10/0832
To view Sourcient (Illinois)’s complete patent history, request access »

Sourcient (Illinois) Signals

Growth Rate

Weekly
Growth
Weekly Growth

Size Multiple

Median
Size Multiple

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Sourcient (Illinois) Investors (2)

Investor Name Investor Type Holding Investor Since Participating Rounds
State of Michigan Government
United States Department of Agriculture Government
To view Sourcient (Illinois)’s complete investors history, request access »

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Sourcient (Illinois) FAQs

  • When was Sourcient (Illinois) founded?

    Sourcient (Illinois) was founded in 2012.

  • Where is Sourcient (Illinois) headquartered?

    Sourcient (Illinois) is headquartered in Chicago, IL.

  • What is the size of Sourcient (Illinois)?

    Sourcient (Illinois) has 11 total employees.

  • What industry is Sourcient (Illinois) in?

    Sourcient (Illinois)’s primary industry is Business/Productivity Software.

  • Is Sourcient (Illinois) a private or public company?

    Sourcient (Illinois) is a Private company.

  • What is Sourcient (Illinois)’s current revenue?

    The current revenue for Sourcient (Illinois) is .

  • Who are Sourcient (Illinois)’s investors?

    State of Michigan and United States Department of Agriculture have invested in Sourcient (Illinois).

  • Who are Sourcient (Illinois)’s competitors?

    Project44 and FourKites are competitors of Sourcient (Illinois).

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