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Sourcepoint has raised $16.0M across 1 funding round.
Sourcepoint has raised $16.0M in total across 1 funding round.
Sourcepoint is a privacy software company that builds a scalable platform for consent management, compliance monitoring, and data subject access requests (DSARs), primarily serving publishers, brands, and gaming companies in the adtech and martech sectors.[1][3][6] It solves the challenge of managing complex, multi-jurisdictional privacy regulations like GDPR and CCPA by automating consent collection, unifying privacy processes, and enabling first-party data activation while reducing operational risks.[3][6] Founded in 2015 and based in New York, Sourcepoint handles over 30 billion monthly consumer touchpoints for top publishers in the UK and Germany, demonstrating strong growth before its acquisition in January 2021 (total funding: $47.8M).[1][3][6]
Sourcepoint was founded in 2015 by CEO Ben Barokas and COO Brian Lesser, both serial entrepreneurs with deep roots in adtech.[3] Barokas previously founded Admeld, a supply-side platform acquired by Google for $400M in 2011, and led Google's Global Marketplace Development; Lesser was COO at LiveRail (acquired by Facebook in 2014) and Admeld, with earlier roles at DoubleClick (acquired by Google).[3] The idea emerged amid rising global privacy regulations, positioning Sourcepoint to transform fragmented consent and compliance into a unified system, building on the founders' experience scaling ad platforms.[1][3] Early traction came from serving major publishers, evolving into enterprise-grade tools for dynamic compliance, culminating in its 2021 acquisition by CoAdvantage.[1][3]
Sourcepoint rides the wave of proliferating privacy regulations and the shift to first-party data amid cookie deprecation, enabling publishers and brands to maintain revenue while building consumer trust.[1][3][6] Timing is critical as digital tracking litigation rises (e.g., enhancements announced Sep 2024), with market forces like GDPR enforcement and adtech fragmentation favoring scalable automation over manual processes.[6] It influences the ecosystem by powering compliance for high-traffic media (50B+ messages), reducing data leakage risks, and catalyzing better business outcomes through privacy-as-a-competitive-edge, amid a crowded field of niche players.[1][6]
Sourcepoint is poised to expand its Universal Consent & Preferences suite, integrating AI-driven insights and legal document management to dominate enterprise privacy amid evolving regs like potential U.S. federal privacy laws.[6] Trends like zero-party data and litigation defense will shape its path, potentially amplifying post-acquisition growth via CoAdvantage's resources. Its influence may evolve from adtech specialist to broader martech leader, unlocking first-party data value for global brands—reinforcing its role as the practical privacy backbone for a consent-first digital economy.[1][3][6]
Sourcepoint has raised $16.0M in total across 1 funding round.
Sourcepoint's investors include Accel, General Catalyst, Northzone.
Sourcepoint has raised $16.0M across 1 funding round. Most recently, it raised $16.0M Series B in January 2017.
| Date | Round | Lead Investors | Other Investors |
|---|---|---|---|
| Jan 1, 2017 | $16.0M Series B | Accel, General Catalyst, Northzone |