LightSource: The world's fastest-growing AI-native platform purpose-built for direct materials procurement.
LightSource is focused on solving the complexities of the direct materials supply chain, which includes sourcing items that go directly into a finished product. It handles everything from finding new suppliers to managing sourcing projects (RFQs/RFIs) and supplier collaboration. A key focus is on BOM (Bill of Materials) management, which allows users to define, track, and analyze product costs and revisions over time.
LightSource is the first AI-powered source-to-contract (S2C) platform. This all-in-one sourcing solution helps teams launch sourcing (RFX) events effortlessly, negotiate and award faster, and manage contracts (CLM) as well as strategic supplier relationships (SRM). The platform's AI automates tasks like standardizing quotes from various formats—such as emails, PDFs, and spreadsheets—into a usable format for analysis.
The company is headquartered in San Francisco, CA, and led by a team formerly behind Tesla, Google[X], and McKinsey's procurement practice.
Recent Recognition about LightSource:
- Recognized in Gartner® Cool Vendors™ in Sourcing and Procurement Technology 2025.
- Validated in Spend Matters SolutionMap, Fall 2025
- Named the "#1 Direct Materials Sourcing Solution (2024)" by Kearney.
- Featured in G2's Top 25 Software, High Performer, and Grid Leader for 2025.