Source
Source is a Portland-based AI-native procurement platform for FF&E, OS&E, and OFCI sourcing, serving hospitality ownership groups, management companies, developers, and design firms. It combines expert purchasing teams with proprietary technology to deliver vendor-direct pricing across 1,225+ completed projects.
- Company typePrivate
- Founded2019
- HeadquartersClackamas, United States
- Headcount51–100
- GTM typeB2B
- OfferingServices
What Source does
Source (legal entity: Krowdsourced, Inc.) is a Portland, Oregon-based B2B procurement platform for FF&E (Furniture, Fixtures, and Equipment), OS&E (Operations Supplies and Equipment), and OFCI (Owner-Furnished, Contractor-Installed) sourcing in hospitality and commercial real estate. Founded in 2019, the company combines an AI-native technology platform with expert human purchasing teams to deliver vendor-direct pricing, transparent procurement documentation, and brand compliance for hotel renovations, new builds, and commercial projects. The platform includes a digital catalog of over 250,000 commercial-grade products with dynamic filtering by brand, sustainability criteria, and color; a Rep Connect database covering all 50 US states; smart range budgeting tools; project collaboration workspaces; and a Source Capture tool that imports product data from any website. Material Bank integration enables overnight sample shipping.
Source generates revenue primarily through professional services for procurement engagements, operating on custom enterprise pricing with no public rate card and emphasizing vendor-direct pricing without markup layers. Services span full FF&E, OS&E, and OFCI procurement, plus a dedicated Select Service Practice for high-volume portfolios. A complementary freemium design tools platform (free catalog, rep database, budgeting tools) drives adoption among commercial designers and converts into paid procurement work. The go-to-market combines direct enterprise sales to hospitality ownership groups, management companies, developers, and design firms via RFP-driven engagements and industry events, with a product-led growth motion through the free design tools.
The company reports $6.5B in cumulative FF&E/OS&E procurement volume across 1,225+ completed projects with 97% on-time delivery and 96% budget performance rates. Notable customers include Marriott, Hilton, Hyatt, IHG, Wyndham, Sonesta, Montage, Ritz-Carlton, Four Seasons, Best Western, Choice Hotels, Loews, W Hotels, Waldorf Astoria, and Hilton Grand Vacations. The company has raised approximately $12.2M in venture funding across three rounds (2019 seed, 2020, and a $8.5M Series A in August 2023 led by M13), has completed two acquisitions (Wildwood house-Procurement Division in 2022 and Berman Purchasing in 2024), and operates from 51-100 employees with projects delivered across four continents.
Source firmographics
Firmographics- Name
- Source
- Legal name
- Krowdsourced, Inc.
- Website
- https://tothesource.com
- Company type
- Private
- Founded year
- 2019
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Short description
- Source is a Portland-based AI-native procurement platform for FF&E, OS&E, and OFCI sourcing, serving hospitality ownership groups, management companies, developers, and design firms. It combines expert purchasing teams with proprietary technology to deliver vendor-direct pricing across 1,225+ completed projects.
- Ownership category
- akta.pro rank
Source industry classification
Industry- Product category
- Hospitality Procurement Services
- akta.pro primary industry
- Procurement & Strategic Sourcing (BPAHAHAB)
- akta.pro secondary industry
- Procurement Platforms, Catalogs & Contract Purchasing (Co-ops, GPOs, eProcurement) (EDAEAIAO)
Keywords
Where Source is headquartered
LocationHeadquarters
- HQ city
- Clackamas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Source business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Supply Chain
Revenue model
- FF&E Procurement Services: Expert purchasing teams manage furniture, fixtures, and equipment procurement for commercial construction and renovation projects. Services include sourcing, vendor selection, quote leveling, purchasing, expediting, logistics coordination, and installation support. Vendor-direct pricing passes through to clients without markup layers.
- OS&E Procurement Services: Procurement of operating supplies and equipment including amenities, linens, appliances, food service equipment, and spa/fitness equipment for hospitality and commercial projects.
- OFCI Procurement Services: Owner-furnished, contractor-installed element sourcing aligning project design, timeline, and performance standards for architectural lighting, flooring, wallcovering, and other specified items.
- Design Resource Platform: Free digital design tools (catalog, rep database, budgeting tools) for commercial design professionals to drive adoption and late-stage procurement conversion to paid services.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom enterprise engagements based on project scope, property count, and service complexity |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels6 records
Source product offering
Product offeringCore offering
Source provides FF&E, OS&E, and OFCI procurement services for hospitality and commercial construction projects, combining an AI-native technology platform with expert purchasing teams. The company manages sourcing, vendor selection, quote leveling, purchasing, expediting, logistics coordination, and installation support with vendor-direct pricing and no markup layers. A free digital tools platform (catalog of 250,000+ products, Rep Connect database, budgeting, collaboration) drives adoption among commercial design professionals and converts to paid procurement engagements.
Product overview
Source is a B2B procurement platform for commercial FF&E, OS&E, and OFCI sourcing in hospitality and commercial real estate. The platform combines an AI-native technology stack with expert purchasing teams to deliver vendor-direct pricing, transparent procurement, and brand compliance. Core products include the Digital Catalog and Sampling (250,000+ commercial products), Rep Connect Database, Budgeting and Program Tools, and Project Collaboration features. Services span full FF&E procurement (furnishings, fixtures, equipment), OS&E (operational supplies), and OFCI (contractor-installed elements), with a dedicated Select Service Practice for select service hospitality portfolios managing multiple brand flags.
Differentiator
Problem solved
Functional benefit
Products and services
- FF&E Procurement Services End-to-end procurement of furniture, fixtures, and equipment for hospitality and commercial construction projects. Coverage includes accent furniture, art, case goods, decorative lighting, seating, tables, beds, headboards, outdoor furniture, and decorative accessories. Expert purchasing teams handle sourcing, vendor selection, quote leveling, purchasing, expediting, logistics coordination, and installation support with vendor-direct pricing.
- OS&E Procurement Services Procurement of operating supplies and equipment for hospitality and commercial properties, covering amenities, banquet equipment, china/glass/silver, food and beverage equipment, linens, mattresses, spa and fitness equipment, and small electronics.
- OFCI Procurement Services Sourcing of owner-furnished, contractor-installed elements including appliances, architectural lighting, flooring (carpet, hardwood, LVT), tile, vanities, wallcovering, and signage. Aligns design, timeline, and performance standards with construction execution.
- Select Service Procurement Practice Dedicated procurement practice for select service and extended stay hospitality portfolios. Delivers rapid prototype budget turnaround, brand-compliance expertise, and portfolio-level pricing across Marriott, Hilton, IHG, Hyatt, and other major flags.
- Source Procurement Platform AI-native procurement platform that combines expert purchasing teams with proprietary technology for FF&E, OS&E, and OFCI sourcing. Includes a digital catalog of 250,000+ commercial-grade products, Rep Connect database, smart range budgeting, project collaboration, AI-powered spec ingestion, and AI-assisted vendor bill review. Powers vendor-direct pricing, budget management, and project execution across hospitality, multifamily, and commercial projects.
- Source Free Design Tools Free digital tools platform for commercial design professionals including the Digital Catalog and Sampling (250,000+ products with filters by brand, attribute, sustainability, color, plus Material Bank sample ordering), Rep Connect Database (local sales reps searchable across all 50 US states), Budgeting and Program Tools (smart range guidance with CSV/PDF export), and Project Collaboration (shared workspaces with notes, tagging, and layout view). Drives product-led adoption and late-stage procurement conversion.
Quantifiable outcome
- 97% on-time delivery rate across all projects
- +3 more outcomes
Companies that use Source
Customer profileNamed customers18 records
Segments7 records
Ideal customer profiles7 records
Source technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
AI capability6 records
Feature6 records
Source partnerships and signals
Strategic signalPartnerships
15 partnerships are on record, tiered core, minor and flagship.
- A Sense of HomecoreSource partnered with A Sense of Home (ASOH), a nonprofit that creates homes for youth aging out of foster care. Source contributed procurement expertise and vendor relationships to furnish a first home for a young woman named Melinda, demonstrating the company's commitment to community impact beyond commercial projects.
- TCA ArchitectscoreTCA Architects collaborated with Source and A Sense of Home on the home furnishing project for Melinda, providing architectural design services and design direction for the space.
- ARTERIORS HomeminorVendor partner that donated furnishings for the A Sense of Home project, contributing to the home created for Melinda aging out of foster care.
- Better Designed LightingminorLighting vendor that donated products for the A Sense of Home project.
- BrintonsminorCarpet and textile vendor that donated products for the A Sense of Home project.
- RH (Restoration Hardware)minorFurniture brand that donated furnishings for the A Sense of Home project.
- Serta Simmons BeddingminorMattress manufacturer that donated bedding products for the A Sense of Home project.
- Williams-SonomaminorRetail brand that donated home furnishings for the A Sense of Home project.
- Material BankcoreMaterial Bank partnership enables overnight sample shipping for products in Source's digital catalog. This integration enhances the design tools platform by providing rapid access to physical samples for design verification.
- International Society of Hospitality Purchasers (ISHP)flagshipNicole Oren, Source's Chief Revenue & Procurement Officer, serves as President of ISHP, a leading industry organization for hospitality procurement professionals. ISHP drives collaboration, elevates procurement standards, and leads the No Room for Trafficking initiative to combat human exploitation in hospitality. Source's leadership role positions the company at the forefront of ethical procurement standards.
- JLL SparkcoreJLL Spark, the venture arm of commercial real estate services firm JLL, co-hosted the 'Harnessing AI in the Built World' webinar with Source. JLL Spark's portfolio companies including qbiq, OpenSpace, and Re-Leased participated in the discussion on AI applications in design, delivery, and operations.
- qbiqminorAI company in JLL Spark's portfolio that participated in Source's 'Harnessing AI in the Built World' webinar, discussing AI applications in construction and design workflows.
- OpenSpaceminorJobsite capture and progress monitoring platform in JLL Spark's portfolio that participated in Source's webinar on AI in the built world, sharing insights on jobsite visibility and progress capture technology.
- Re-LeasedminorReal estate management platform in JLL Spark's portfolio that participated in Source's webinar, discussing AI applications in property and portfolio management for commercial real estate.
- Pillsbury LawcoreInternational trade law firm Pillsbury served as expert advisors on Source's 'Behind the Tariffs' and 'Tariffs in Transition' webinars. Attorneys Julian Beach and Sahar Hafeez provided legal perspectives on tariff rates, enforcement, compliance, and refund pathways affecting hospitality procurement.
Scale indicators10 records
Recent moves6 records
Expansion highlights3 records
Source competitors and assessment
Company assessmentBroad incumbents
- Procore Technologies: Construction management software platform serving general contractors and project owners. Adjacent technology stack serving some of the same construction project ecosystem, though focused on general construction workflow rather than FF&E procurement.
- Henricksen: Commercial furniture dealer and interiors solutions provider serving corporate, healthcare, and hospitality markets. Broader scope than Source but overlaps on FF&E procurement and contract furniture sourcing for commercial clients.
- JLL Hotels & Hospitality Group: Global commercial real estate services firm with a major hospitality practice offering advisory, brokerage, asset management, and procurement support. Larger and broader than Source, with overlapping enterprise hospitality customers.
- Cushman & Wakefield: Global commercial real estate services firm with a hospitality platform serving hotel investors, owners, and operators. Provides advisory, valuation, and procurement-adjacent services to overlapping enterprise hospitality customers.
- OfficeScapes: Workplace solutions provider offering furniture, FF&E procurement, space planning, and installation for commercial clients. Similar integrated procurement-services model to Source but focused on workplace segment.
- Tangram Interiors: Workplace furniture dealer and interiors provider with FF&E procurement services across multiple commercial segments. Comparable business model (dealer-led procurement services) but focused on workplace rather than hospitality.
Direct peers
- Avendra: Hospitality-focused procurement services company offering sourcing, contracting, and supply chain management for hotels, restaurants, and casinos. Most direct competitor in hospitality procurement services with similar scale and customer overlap.
- Benjamin West: Hospitality FF&E procurement services firm specializing in furniture, fixtures, and equipment sourcing for hotels and resorts. Operates a very similar service-plus-technology model to Source, serving overlapping enterprise hotel customers and brand standards.
- American Hotel Register Company: Hospitality supply company providing FF&E products, OS&E, and procurement services to hotels across all segments. Shares Source's customer base of hotel ownership groups and brand flags, with a more product-centric but adjacent service offering.
Others
- Material Bank: Sample logistics platform for design materials with overnight shipping. Source partners with Material Bank for sample fulfillment within its digital catalog. Serves overlapping designer/architect customers but enables rather than competes with Source's procurement services.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks5 records
Key highlights7 records
Customer concentration
Source social profiles
Digital presenceSource financial estimates
Financial estimateRevenue estimate
Valuation estimate
Source leadership team
Management profileNumber of profiles
Profiles6 records
Source funding detail
Funding detailFunding overview
Funding rounds3 records
Investors10 records
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Source M&A and investment
M&A and investmentM&A3 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Source
What does Source do?
Source provides FF&E, OS&E, and OFCI procurement services for hospitality and commercial construction projects, combining an AI-native technology platform with expert purchasing teams. The company manages sourcing, vendor selection, quote leveling, purchasing, expediting, logistics coordination, and installation support with vendor-direct pricing and no markup layers. A free digital tools platform (catalog of 250,000+ products, Rep Connect database, budgeting, collaboration) drives adoption among commercial design professionals and converts to paid procurement engagements.
Is Source a public or private company?
Source is a private company. It is classified as venture growth investor backed and is currently operating.
When was Source founded?
Source was founded in 2019. It employs 51 to 100 people.
Where is Source based?
Source is headquartered in Clackamas, United States, in the North America region.
How does Source make money?
Four revenue lines are on record. FF&E Procurement Services are the primary driver. The others are OS&E Procurement Services, OFCI Procurement Services and design Resource Platform.
Who are Source's main competitors?
Broad incumbents on record are Procore Technologies, Henricksen, JLL Hotels & Hospitality Group, Cushman & Wakefield, OfficeScapes and Tangram Interiors. Direct peers are Avendra, Benjamin West and American Hotel Register Company. Material Bank is listed as an others.
Does Source have an API?
No public API is recorded for Source.
What industry is Source in?
Source's product category is Hospitality Procurement Services. Its primary akta.pro industry code is BPAHAHAB, Procurement & Strategic Sourcing, with a secondary code of EDAEAIAO, Procurement Platforms, Catalogs & Contract Purchasing (Co-ops, GPOs, eProcurement).