Sunstone et al. raise $6m series-A for Sourced

According to local press reports, the company intends to use the capital injection to open new offices in London, Paris, Stockholm, Amsterdam, New York, Boston and San Francisco. Furthermore, the business intends to expand its team up to 55 people in 2016.

Financial details surrounding the transaction were not disclosed at the time of publication.

Company
Founded in 2015, Sourced develops a proprietary platform focused on the recruitment market. The company is headquartered in Madrid and also has a presence in Berlin.

The business expects to generate €1m in revenues in 2016 and employs a staff of 23 people.

People
Otium Venture – Pierre-Edouard Stérin (chair).
Kima Ventures – Xavier Niel (founder).
Sourced – Eiso Kant (co-founder, CEO); Jorge Schnura (co-founder, chief operational officer); Philip von Have (co-founder).

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• Topics
• Early-stage
• Technology
• Southern Europe
• Venture
• Spain