About Deeper Sonar
Deeper Sonar is a company based in Vilnius (Lithuania) founded in 2015 by Chelton Sitoe was acquired by Resource Partners in June 2021.. Deeper Sonar operates in a competitive market with competitors including Lighthouse, Aquabio, AFishWhisperer and waterspy, among others.
- Headquarter Vilnius, Lithuania
- Founders Chelton Sitoe
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Sectors
Agriculture
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Acquired by
Resource Partners
(Jun 23, 2021)
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Funding Insights of Deeper Sonar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Deeper Sonar
Deeper Sonar has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Resource Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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A leading private equity investor in Central and Eastern Europe.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Deeper Sonar
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Deeper Sonar
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Deeper Sonar Comparisons
Competitors of Deeper Sonar
Deeper Sonar operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Lighthouse, Aquabio, AFishWhisperer and waterspy, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Data services for fishermen and aquaculture efficiency are provided.
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| domain | founded_year | HQ Location |
AI and cloud-based sonar systems for fish farms are developed.
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| domain | founded_year | HQ Location |
Develops innovative sonar-based and GPS-enabled fish finder technologies.
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| domain | founded_year | HQ Location |
Develops monitoring devices for recording underwater fishing activities.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Deeper Sonar
When was Deeper Sonar founded?
Deeper Sonar was founded in 2015.
Where is Deeper Sonar located?
Deeper Sonar is headquartered in Vilnius, Lithuania.
What does Deeper Sonar do?
Deeper Sonar was founded in 2015 in Vilnius, Lithuania, within the fishing technology sector. Portable sonar devices are produced to support various fishing methods, including shore, boat, and ice applications. Operations focus on engineering versatile tools that integrate with mobile devices for real-time data. The company serves anglers globally through its domain, deepersonar.com, with leadership including co-founder Chelton Sitoe.
Who are the top competitors of Deeper Sonar?
Deeper Sonar's top competitors include Aquabio, Lighthouse and AFishWhisperer.
Who are Deeper Sonar's investors?
Deeper Sonar has 1 investor. Key investors include Resource Partners.