# SourceDay funding: rounds and investors

> SourceDay has raised $38M across 2 rounds since 2018. Investors include Draper Associates, Silverton Partners and Alumni Ventures. Every round with its source.

Source: https://millionrounds.com/company/sourceday (Millionrounds; every figure on the page links to its filing or article)

United States · [Series C startup](https://millionrounds.com/companies)

# Who invested in *SourceDay*

2 rounds we have observed, with the 5 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Enterprise Software Fintech

Funding summary Updated 26 Oct 2026

**$38M** raised across 2 rounds since 2018, from 2 sources

**$6.5M** Series A **$32M** Series C

- **Latest round:** Series C, $32M Feb 2022
- **Step-up i:** 4.8×
- **Investors:** 5

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2019 2020 2021 2022

**$6.5M** Series A

**$32M** Series C

- **First round:** Series A, $6.5M
- **Biggest round:** $32M
- **Between rounds:** 3.2 years

## The rounds

- **Feb 2022** Series C **$32M** *2 new* *2 returning* [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) [Draper Associates](https://millionrounds.com/fund/draper-associates) [Silverton Partners](https://millionrounds.com/fund/silverton-partners) Source recorded SEC filing: $35M sold, first sale Feb 2022
- **Dec 2018** Series A **$6.5M** *3 new* [Draper Associates](https://millionrounds.com/fund/draper-associates) [Silverton Partners](https://millionrounds.com/fund/silverton-partners) ATX Seed Reported by FinSMEs SEC filing: $6.5M sold, first sale Dec 2018

## Founders and team

From SourceDay's own website and the SEC filings it signed: 4 on the team.

- **Jonathan Peters** Director of IT
- **Ryan Witt** Supply Chain Manager
- **Clint McRee** Director, Executive Officer i
- **Tom Kieley** Executive Officer, Director i

On the board, as filed i *Joanna Arras* *Morgan Flager* *Paul Bell* *Sean Jacobsohn*

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Series A** 2018 **Series C** 2022 [Draper Associates](https://millionrounds.com/fund/draper-associates) [Silverton Partners](https://millionrounds.com/fund/silverton-partners) [Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) [Norwest Venture Partners](https://millionrounds.com/fund/norwest) ATX Seed

## Everyone who backed them

[Draper Associates](https://millionrounds.com/fund/draper-associates) VC firm **2** rounds

[Silverton Partners](https://millionrounds.com/fund/silverton-partners) VC firm **2** rounds

[Alumni Ventures](https://millionrounds.com/fund/us-strategic-tech-fund-an-alumni-ventures-fund) VC firm **1** round

[Norwest Venture Partners](https://millionrounds.com/fund/norwest) VC firm **1** round

ATX Seed no record of our own yet **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=sourceday).

## Also claim to have backed them

This firm lists SourceDay as a portfolio company on their own website, but no report of a round names it. They are the firms' own claims, kept apart from the rounds above.

[ATX Venture Partners](https://millionrounds.com/fund/atx-venture-partners) VC firm Per its own site

## Quick answers about SourceDay

### Who invested in SourceDay?

SourceDay's investors include Draper Associates, Silverton Partners, Alumni Ventures, Norwest Venture Partners and ATX Seed.

### How much has SourceDay raised?

SourceDay has raised $38M across 2 rounds since 2018.

### When did SourceDay last raise?

SourceDay's most recent round was a Series C of $32M in Feb 2022.

### What was SourceDay's biggest round?

Its most recent round, $32M in Feb 2022, is also its largest on record.

### Who backed SourceDay first?

SourceDay's first round on record, in Dec 2018, was backed by Draper Associates, Silverton Partners and ATX Seed.

### What stage is SourceDay at?

SourceDay's latest named round is a Series C, in Feb 2022.

### Where is SourceDay based?

SourceDay is based in the United States.

## Companies like SourceDay

In the same sector, and raised in the last eighteen months.

[**Kalshi** $2.7B · Oct 2026](https://millionrounds.com/company/kalshi)[**xPay** $1.5M · Oct 2026](https://millionrounds.com/company/xpay)[**Albert Invent** $20M · Oct 2026](https://millionrounds.com/company/albert-invent)[**Coast** $77M · Oct 2026](https://millionrounds.com/company/coast)[**AuxoAI** $21M · Oct 2026](https://millionrounds.com/company/auxoai)[**CapitalOS** $52M · Oct 2026](https://millionrounds.com/company/capitalos)

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