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Logic Source, Inc. announced it raised $500,000 in an initial filing from an offering of $500,000

Oct 21, 2020over 4 years ago

Amount Raised

$500,000

Round Type

seed

WestportInformation Technology

Company Information

Company

LogicSource, Inc.

Location

44 Main Street

Westport, Connecticut, United States

About

LogicSource is purpose-built to drive profit improvement, mitigate risk, and ensure supply chain continuity through better buying. LogicSource focuses exclusively on the sourcing and procurement of indirect goods and services, which typically represent 20% of an organization's revenue and the area of greatest spending inefficiency. These include complex categories like marketing, packaging, corporate services, facilities, information technology, distribution and logistics and more, for which organizations often lack the capacity, focus and scale to achieve best-in-class buying.

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech

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