Sourcery secures £1.3m in seed funding led by Forward Partners to expand its engineering team.
Forward Partners led the seed round to help Sourcery expand its engineering capacity and improve code tools.
Sourcery provides a real-time refactoring tool that automatically reviews and improves code for software developers. The company offers integrations for various code editors, hosting platforms, and pipelines.
Sourcery has secured £1.3m in seed funding to expand its engineering team and enhance enterprise offerings. The round was led by Forward Partners, with participation from Runa Capital, Techstars, Angel Invest, CapitalX, Acequia Capital, and private angel investors.
Founded in 2018, the company builds automated tools designed to eliminate time wasted on poor quality code by providing real-time suggestions and improvements. The fresh capital will be directed towards product development and team expansion as the business scales its platform.
From the founder
"our goal is to help developers in focusing all of their time and effort on creating incredible products and tools, without worrying about the quality of their code. This investment allows us to continue expanding the capabilities of what Sourcery can do, and help more developers around the world reach their full potential when coding"
Brendan Maginnis
CEO at Sourcery
Investor perspective
"I’m delighted to announce our investment in Sourcery and to welcome the team to our portfolio family"
Luke Smith
Investment Partner, Forward Partners
Use of funds
- 01Grow the team
- 02Continue product development
Investors
Luke Smith
Forward Partners
Konstantin Vinogradov
Runa Capital
Techstars
Angel Invest
CapitalX
Acequia Capital
Categories
About the company
Sourcery
Sourcery develops real-time code refactoring tools to automate code review and improvement for developers.