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Sourcery App, Bringing Food Sourcing into the 21st Century, Raises $2.5 Million

Sourcery, an app that aims to make restaurant purchasing and purveyor invoicing more efficient, has just raised $2.5 million in seed funding.

Restaurant, kitchen, purchasing, and inventory managers everywhere: Get excited. Sourcery, an app that streamlines the ordering, delivery, price comparison, and payment process is moving out of stealth mode and into live beta with the helpful assist of a $2.5 million cash infusion. TechCrunch confirms that Sourcery, which has heretofore served only select customers in San Francisco (including 'wichcraft and Hops & Hominy), hopes to begin servicing restaurants and purveyors in Portland, Los Angeles, and New York City as of January 2015.

Ordering sacks of flour and sides of beef is suddenly as simple as adding items into a shopping cart on Amazon.com.

The iPad and web-based application works by seamlessly connecting purveyor product lists and prices with an intuitive user interface. Produce vendors and specialized product vendors are being added on a daily basis according to the company's website. Ordering sacks of flour and sides of beef is suddenly as simple as adding items into a shopping cart on Amazon.com. TechCrunch explains: "When you get to the ordering part of the process, their web app handles payments with full-on analytics about your order history showing what you bought, when you ordered it, and how much you paid, all of which can be exported to QuickBooks."

Sourcery makes money by taking a percentage off the top of the payments they process, which is somewhere in the vicinity of $25,000 and $500,000 per month per customer. 55 new San Francisco-based restaurants will soon be added to Sourcery's client list: Today, San Francisco; tomorrow, America.