Sourceful
The packaging platform for climate-conscious brands
- 21-100 employees
- Sustainability
- Supply Chain
- eCommerce
- Manchester, UK
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Company mission
Sourceful is an all-in-one platform that helps you create more sustainable packaging fast and at scale. Design online in minutes or work with experts to create a bespoke solution.
Our take
According to a MediaCom survey, around 83% of a consumer industry’s carbon footprint is in its supply chain, yet many businesses struggle to reduce their supply-chain emissions. Sourceful is a company setting out to help solve this problem with smart solutions to the issues businesses face when trying to become more sustainable. Its platform uses data to enable companies to source and manage eco-friendly products for their business.
The sustainable packaging market value is anticipated to be worth around US$255 billion in 2026, reflecting a bountiful market for Sourceful to grow within. The company was founded in 2020, and has worked with brands across multiple industries in the UK, EU, and the US.
Sourceful has shipped millions of items since its launch and its customer base includes Fenton, Elder, and Floom and Stitched. The company has had a strong growth track and raised multiple funding rounds - the latest of which will be used to scale its current operating model, build out its technology platform and more product offerings, and increase its headcount.
Freddie
Company Specialist at Welcome to the Jungle
Benefits
- Work from home opportunities
- Enhanced Parental Leave - 3 months leave on full pay for every employee who becomes a parent
- Monthly Focus Day - spend the day focused with no meetings
- Pawrental Leave - 1-week leave(or 2 weeks half day) on full pay for every employee who welcomes a new pet who demands more attention
- Remote work equipment budget (up to £400)
- Learning budget (up to £600)
Funding (2 rounds)
Mar 2022
$20m
SERIES A
Sep 2021
$12.2m
SEED
Total funding: $32.2m
This company has top investors
Leadership
Shiran Zheng
(COO)Holds a Master's Degree in Social & Public Communication. Previously International Affiliate Marketing Manager and Head of Asia Marketing at THG.
Wing Yung Chan
(CEO & Co-Founder)Holds a Double First in Computer Science from Cambridge. Previously Managing Director of PrelovedUK, CMO and CTO at THG. Forbes 30 under 30 for Media & Marketing 2018.