SourceScrub
SourceScrub is a deal sourcing platform for M&A professionals, founded in 2014 and headquartered in San Francisco.
Profile
SourceScrub provides a software platform that continuously scans public and proprietary sources to identify private companies and helps M&A professionals find, track, and engage acquisition targets.
SourceScrub is a deal sourcing platform for M&A professionals, founded in 2014 and headquartered in San Francisco. The company provides a software platform that continuously crawls public and proprietary sources to identify private companies, then uses AI to help investment bankers, private equity firms, and corporate development teams discover, track, and engage acquisition targets. As of mid-2025, SourceScrub reported approximately $168 million in annual revenue and employed between 500 and 1,000 people.
The company claims that 35 of the top 40 investment firms use its platform, listing clients such as Hg, Vector Capital, TA Associates, Permira, Francisco Partners, and General Catalyst. In a notable strategic move, SourceScrub announced it is joining forces with Grata, another deal sourcing platform, to create what the combined entity describes as the market’s most complete market intelligence platform. The integration is still underway, and no financial terms or timeline for completion have been disclosed.
SourceScrub competes in a crowded market that includes CB Insights, Debtwire, and Dynamo Software. The company has not publicly disclosed any recent funding rounds or layoffs, though the broader tech industry saw significant restructuring in 2025. SourceScrub’s growth trajectory appears steady, but the company faces risks common to data aggregation businesses: data accuracy, reliance on a concentrated customer base of large financial firms, and the challenge of differentiating its offering as competitors invest in similar AI capabilities.
Who buys this
- Private equity firms sourcing acquisition targets
- Investment banks conducting M&A origination
- Corporate development teams identifying strategic acquisition candidates
- Venture capital firms seeking investment opportunities
Publicly disclosed clients
- Hg
- Vector Capital
- TA Associates
- Permira
- Francisco Partners
- General Catalyst
- Riverside Company
Strengths and what to watch
Strengths
- Claims 35 of the top 40 investment firms as customers, indicating strong market penetration in the high-end M&A advisory segment.
- Revenue of approximately $168 million suggests a mature, scaled business with a recurring revenue model.
- The announced combination with Grata could create a larger, more comprehensive data platform, potentially increasing competitive moat.
Watch for
- The integration with Grata is still in progress; execution risk and potential customer churn during the transition are real concerns.
- Revenue concentration among a small number of large financial firms could make the business vulnerable to client losses or consolidation.
- Data accuracy and timeliness are critical for deal sourcing; any degradation in data quality could erode trust and lead to customer attrition.
Recent moves
Key Information
- Industry
- Financial & Market Data
- Founded
- 2014
- Headquarters
- San Francisco
Frequently Asked Questions
What does SourceScrub do?
SourceScrub provides a software platform that continuously scans public and proprietary sources to identify private companies. It helps M&A professionals find, track, and engage acquisition targets using AI. The platform is used by investment bankers, private equity firms, and corporate development teams.
Who uses SourceScrub?
SourceScrub is used by private equity firms, investment banks, corporate development teams, and venture capital firms. Notable clients include Hg, Vector Capital, TA Associates, Permira, Francisco Partners, and General Catalyst. The company claims 35 of the top 40 investment firms are customers.
How much revenue does SourceScrub make?
As of mid-2025, SourceScrub reported approximately $168 million in annual revenue. The company employs between 500 and 1,000 people. This revenue figure suggests a mature, scaled business with a recurring revenue model, though it relies on a concentrated customer base of large financial firms.
Is SourceScrub merging with Grata?
Yes, SourceScrub announced it is joining forces with Grata, another deal sourcing platform, to create what the combined entity describes as the market's most complete market intelligence platform. The integration is still underway, and no financial terms or timeline for completion have been disclosed.
What are the risks of using SourceScrub?
Risks include data accuracy and timeliness, which are critical for deal sourcing. Revenue concentration among a small number of large financial firms makes the business vulnerable to client losses. The integration with Grata also carries execution risk and potential customer churn during the transition.
Who are SourceScrub's main competitors?
SourceScrub competes in a crowded market that includes CB Insights, Debtwire, and Dynamo Software. These companies also offer data aggregation and market intelligence for M&A professionals. SourceScrub differentiates through its AI-powered scanning of public and proprietary sources to identify private companies.
Sources
- www.sourcescrub.com — Company description, customer logos, announcement of combination with Grata, employee count range, and revenue figure.
- www.zoominfo.com — Revenue estimate of $168 million, employee count of 501-1,000, and industry classification.
- techcrunch.com — Context on broader tech industry layoffs in 2025, though SourceScrub is not specifically mentioned.
- www.informationweek.com — Background on tech industry restructuring trends in 2025, relevant for competitive and market context.