LogicSource provides procurement services and technology solutions that focus exclusively on sourcing and procurement of indirect goods and services. The company handles complex categories such as marketing, packaging, corporate services, facilities, information technology, distribution and logistics. Led by CEO David Pennino, LogicSource serves a client roster of blue-chip companies including Big Lots!, Deluxe, Lululemon and Rite Aid. The firm aims to drive profit improvement, mitigate risk, and ensure supply chain continuity through improved buying. LogicSource plans to use new funding to enhance its services, technology and data offerings, enter new verticals, and further invest in client-centric growth initiatives.

Total raised

$180M

Funding rounds

1

Latest round

Equity

Latest activity

Apr 2022