About SourcingHQ
SourcingHQ is an AI sourcing assistant for small and mid-sized buyers. Describe what you need, invite your suppliers, and they bid the price down in a time-boxed reverse auction.
- Name
- SourcingHQ (one word)
- Website
- sourcinghq.ai
- What it is
- An AI sourcing assistant, reverse auction and RFQ tool for businesses
- Who it's for
- Small companies buying for themselves, and distributors, resellers and buying agents
- Company
- Sourcing HQ AI Pvt Ltd
- Based in
- Mumbai, India
- Founded
- 2026
- Customers
- Available to customers worldwide.
- Contact
- contact@sourcinghq.ai
SourcingHQ is not the same company as SourceHQ (sourcehq.com), or any other business with a similar name.
What it does
- Describe a purchase in a chat, or forward an enquiry email, and you get a draft auction with the line items filled in. The AI doesn't invent line items or ceilings, and you review everything before it goes out.
- Upload your supplier list (Excel or CSV, any layout) and it suggests more suppliers like them, grouped by product category, near you or a place you choose.
- Invites go out in your company's name, and suppliers bid from an email link without creating an account.
- Suppliers bid line by line, in an open or blind auction. A lead taken in the last 2 minutes resets the clock to 3 minutes.
- When bidding closes you get a comparison report, with an AI summary you can accept, edit or discard. Award the whole auction to one supplier or split it line by line.
- A free tool compares quotes you've already received, with no account needed.
Why we built it
Getting competitive quotes usually means chasing suppliers one email at a time, then copying their prices into a spreadsheet to compare them. The tools that fix this are mostly built for large procurement teams. SourcingHQ is for the teams in between: a buyer, a list of suppliers and a deadline.
What it doesn't do
- The AI never sends, awards or contacts a supplier. You do.
- Web searches never include your company's name or your suppliers' names.
- No other customer can see your data.
- Nothing joins your supplier list unless you add it.
- This tool facilitates the auction only. All terms, delivery, and payment are settled directly between buyer and supplier.
Pricing
There's a free plan. Paid plans are a one-time payment for 12 months that never renews on its own, and suppliers never pay. See plans and prices.
Contact
Email contact@sourcinghq.ai about anything: the product, an auction, billing or your data. A person reads it. More on the contact page.