SourcingHQ
Your AI sourcing assistant.
Description
Your AI sourcing assistant. Find more suppliers like the ones you have, then get them bidding against each other in a reverse auction. Start free.
About SourcingHQ
What is SourcingHQ?
SourcingHQ is an AI sourcing assistant and RFQ platform for businesses that collects, compares, and runs live reverse auctions across supplier quotes.
What SourcingHQ does
The platform turns purchase descriptions and forwarded emails into structured RFQs, invites suppliers to quote via secure links without an account, conducts open or blind live reverse auctions, compares quotes line by line on screen and in Excel or PDF, and suggests similar suppliers.
Who SourcingHQ is for
Companies buying for themselves, distributors, resellers, and buying agents managing supplier quotes and purchase orders.
How SourcingHQ works
Buyers describe purchases or forward enquiry emails to draft RFQs, invite suppliers via secure links, suppliers submit line-item bids or compete in live reverse auctions, and buyers review comparison reports and award orders.
Key features
- Turns chat descriptions or forwarded enquiry emails into a draft request with line items filled in.
- Invites suppliers to submit quotes via secure links without creating an account or paying fees.
- Conducts open or blind live reverse auctions with automatic clock extensions on late lead bids.
- Compares supplier quotes line by line on screen and exports comparison reports to Excel and PDF.
- Suggests matching suppliers grouped by product category from uploaded supplier lists.
- Maintains a tamper-evident audit log of every quote, bid, and award decision.
- Includes an AI result report summary that buyers can review, edit, or discard.
- Offers a Free plan with 3 RFQs and 50 monthly AI credits.
Pricing
As listed on sourcinghq.ai, checked 8 November 2026. Prices can change; see the site for current terms.
- Free: $0 for 3 RFQs, 1 seat, and 50 AI credits a month with no card needed.
- Starter: $950 per annum for 12 RFQs, 1 seat, and 500 AI credits a month.
- Growth: $2,870 for 48 RFQs, 6 seats, and 2,500 AI credits a month.
- RFQ pack: $395 for 5 RFQs usable within 12 months on any plan.
Facts from sourcinghq.ai, checked 8 November 2026
- Operated by Sourcing HQ AI Pvt Ltd in Mumbai, India.
- Founded in 2026.
- Suppliers quote via secure email links with no account required.
- Annual plans do not renew automatically.
Written from SourcingHQ's own website (Homepage, Pricing, About). The maker can claim this listing to edit it.
Categories
Frequently asked questions
What counts as an RFQ in SourcingHQ?
One request sent to suppliers counts as one RFQ, whether run as a standard quote collection or a live auction, with unlimited suppliers invited.
Do suppliers need an account or pay to submit quotes?
No. Suppliers quote through a secure emailed link with no account required and nothing to pay.
Does SourcingHQ process payments between buyers and suppliers?
No. Pricing, delivery terms, and payments are settled directly between buyer and supplier.
Do paid subscription plans renew automatically?
No. Paid plans are a one-time payment covering 12 months with no automatic renewals.
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