Sourcefit Secures Investment from 9 Basil, NextGen Ventures, and Rocket Equities

Sourcefit, a top global business processing outsourcing (BPO) provider, just secured a big investment from prominent players such as 9 Basil, NextGen Ventures, and Rocket Equities. This is a major step forward for Sourcefit’s growth. Rocket Equities, serving as both a financial advisor and investor, played a key role in organizing the deal for all involved parties. The recent equity financing round highlights Sourcefit’s goal to push the limits of BPO solutions and set new industry standards.

Sourcefit is a top BPO provider with centers in the Philippines, South Africa, the Dominican Republic, and Armenia. They specialize in customized offshore and nearshore staffing solutions, serving 200+ clients across IT, Finance, Healthcare, Retail, E-Commerce, Legal, Real Estate, Telecom, and Advertising. With over 14 years of experience, Sourcefit has a team of 1,700 professionals.

Andy Schachtel, CEO of Sourcefit, said in a statement:

“Sourcefit is entering an exciting phase of our growth and we plan to use the recent funding round to expand our award-winning BPO and staffing services globally. With a dynamic team of over 1,700 employees, we will continue to deliver comprehensive solutions to a diverse set of clients across a range of industries, helping them to lower costs and significantly improve results.”

Apart from expanding, Sourcefit will keep working on its platform that combines AI with team engagement and digitalization. This platform is crucial for Sourcefit’s operations, making it easy for remote teams to collaborate and stay productive. It’s also a foundation for the company’s complete digital transformation and that of its clients.

Jimmy Quach, CEO of NextGen Ventures, added:

“Sourcefit is a customer-centric BPO that delivers exceptional value to clients through cutting edge technology enablement; including its AI and digitalization platform and its awarding-winning best-place-to-work culture for high employee engagement and productivity. We look forward to working with Andy to better serve Sourcefit’s customers by assisting with Sourcefit’s expansion goals and advising on the technology roadmap.”