{"id":20523,"date":"2025-07-24T12:44:07","date_gmt":"2025-07-24T12:44:07","guid":{"rendered":"https:\/\/www.newsbeep.com\/ca\/20523\/"},"modified":"2025-07-24T12:44:07","modified_gmt":"2025-07-24T12:44:07","slug":"ai-start-up-founded-by-irish-teenager-raises-1-4m","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/ca\/20523\/","title":{"rendered":"AI start-up founded by Irish teenager raises $1.4m"},"content":{"rendered":"<p><a href=\"https:\/\/www.source.shop\/\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">Source<\/a>, the Irish start-up founded by teenager Liam Fuller, has raised $1.4m (\u20ac1.2m) in a pre-seed funding round led by Australian venture capital outfit Square Peg.<\/p>\n<p>Source is building an AI procurement platform for retail businesses that integrates with stores&#8217; email and point-of-service feeds to project inventory levels and automatically send purchase orders to suppliers.<\/p>\n<p>The company says it can reduce admin hours by up to 80 per cent by eliminating manual processes and keeping shelves stocked, allowing shop owners to focus on other areas.<\/p>\n<p>18-year-old Fuller began building Shopify apps and experimenting with large language models when he was 14.<\/p>\n<p>Fuller and Joseph Mudrak won the Regeneron award at the 2024 <a href=\"https:\/\/businessplus.ie\/media-plus\/stripe-young-scientist\/\" data-type=\"post\" data-id=\"216490\" target=\"_blank\" rel=\"noreferrer noopener nofollow\">BT Young Scientist &amp; Technology Exhibition<\/a> for their project, &#8216;Your Dynamic AI Voice Companion \u2013 Redefining Personal Assistance&#8217;.<\/p>\n<p>A serial entrepreneur, Fuller was suspended from school for a viral LinkedIn post showing him making sales calls from the school bathroom.<\/p>\n<p>He has now gone full-time with Source. The Source website states that its platform will launch this summer.<\/p>\n<p>Announcing the funding round on LinkedIn, Fuller wrote that he &#8220;cold emailed&#8221; Square Peg co-founder Paul Bassat in March while visiting his grandparents in Australia. <\/p>\n<p>He travelled to Sydney the next day to meet Bassatt, who later agreed to lead the funding round.<\/p>\n<p>&#8220;I couldn&#8217;t be happier to have such an amazing group of investors behind me from across the globe ([San Francisco], Australia, Ireland) with such a high conviction in not only the current vision for Source but for myself as a founder, its incredible &#8211; thank you.<\/p>\n<p>&#8220;And I&#8217;m extremely grateful for the people who helped me along the way, with intros &amp; their time with 0 expectations of return.<\/p>\n<p>&#8220;This is just the start, and I&#8217;m incredibly excited.&#8221;<\/p>\n<p>TEN13, Stripe chief technical officer David Singleton, Eucalyptus co-founder Charlie Gearside and other angel investors also participated in the funding round.<\/p>\n<p>&#8220;What struck us most about Liam when we met him wasn&#8217;t just his age, but his first-principles thinking and clear articulation of the &#8216;idea maze&#8217; that led him to procurement automation,&#8221; said Square Peg in a statement.<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" width=\"800\" height=\"1066\" src=\"https:\/\/www.newsbeep.com\/ca\/wp-content\/uploads\/2025\/07\/1753206642161.jpg\" alt=\"Source\" class=\"wp-image-221514\"  \/>Liam Fuller in an images that resulted from his suspension from school.<\/p>\n<p>&#8220;Liam pairs technical depth with an intuitive understanding of how AI can solve real-world problems.<\/p>\n<p>&#8220;We&#8217;re not just excited by his current vision for Source, we&#8217;re excited by his ability to navigate and adapt as the business evolves.&#8221;<\/p>\n<p>Fuller is joined by chief technical officer Yoan Gabison, an AI engineer who oversees engineering from Paris. Gabison previously built a real-time notifications SaaS platform.<\/p>\n<p>Photo: Liam Fuller, founder of Source. (Pic: LinkedIn\/Liam Fuller)<\/p>\n","protected":false},"excerpt":{"rendered":"Source, the Irish start-up founded by teenager Liam Fuller, has raised $1.4m (\u20ac1.2m) in a pre-seed funding round&hellip;\n","protected":false},"author":2,"featured_media":20524,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[15],"tags":[45,49,48,137],"class_list":{"0":"post-20523","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-entrepreneurship","8":"tag-business","9":"tag-ca","10":"tag-canada","11":"tag-entrepreneurship"},"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/20523","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=20523"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/20523\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/20524"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=20523"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=20523"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=20523"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}