About Sofar Ocean
Sofar Ocean is a company based in San Francisco (United States) founded in 2012. Sofar Ocean has raised $74.9 million across 6 funding rounds from investors including Union Square Ventures, Foundry and True Ventures. Sofar Ocean offers products and services including Wayfinder and Spotter Platform. Sofar Ocean operates in a competitive market with competitors including Aanderaa, i4sea, Buoyweather, CustomWeather and Optimum Voyage, among others.
- Headquarter San Francisco, United States
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Sectors
TechnologyTransportation, Automotive & Logistics
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Phone
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Website
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Social
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$74.9 M (USD)
in 6 rounds
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Latest Funding Round
$22.25 M (USD), Series B
Nov 22, 2024
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Investors
Union Square Ventures
& 3 more
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Employee Count
Not available
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Products & Services of Sofar Ocean
Sofar Ocean offers a comprehensive portfolio of products and services, including Wayfinder and Spotter Platform.
Platform for reducing fuel and emissions in maritime shipping
System for real-time wave and ocean data collection
People of Sofar Ocean
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Funding Insights of Sofar Ocean
Sofar Ocean has successfully raised a total of $74.9M across 6 strategic funding rounds. The most recent funding activity was a Series B round of $22.25 million completed in November 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
Investors in Sofar Ocean
Sofar Ocean has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Union Square Ventures, Foundry and True Ventures.
| Investor | Description | Founded Year | Domain | Location |
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Venture capital firm focused on blockchain, wellbeing, and multiple sectors
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Venture capital is invested in early-stage tech startups.
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Venture capital firm supporting AI founders through investments and community.
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Investor details for Sofar Ocean
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Investments & Acquisitions by Sofar Ocean
Investment portfolio details for Sofar Ocean
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Financial Statements - Sofar Ocean
Detailed financials for Sofar Ocean
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Sofar Ocean Comparisons
Peer comparison for Sofar Ocean
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Competitors of Sofar Ocean
Sofar Ocean 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 Aanderaa, i4sea, Buoyweather, CustomWeather and Optimum Voyage, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Instrument solutions for oceanographic and environmental measurements are provided.
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Weather forecasting software is provided for the marine industry.
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Offers marine weather and wind forecasts via online platform for global users.
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Offers comprehensive weather forecasts, maps, and APIs for businesses worldwide.
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Weather forecasting platform for vessels and shipping routes is provided.
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Detailed competitors of Sofar Ocean
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Latest news on Sofar Ocean
Complete news archive for Sofar Ocean
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Frequently Asked Questions about Sofar Ocean
Sofar Ocean was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Sofar Ocean is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Sofar Ocean is a funded company, having raised a total of $74.9M across 6 funding rounds to date.
Sofar Ocean was founded in 2012 in San Francisco, United States, within the ocean technology sector. Cloud-based sensors are produced for underwater monitoring, wind speed and direction measurement, and wave height prediction, including mean and peak periods with color correction algorithms. Operations focus on marine weather and environmental monitoring, as well as custom research applications, serving various ocean exploration needs.
Sofar Ocean's top competitors include i4sea, Aanderaa and Optimum Voyage.
Sofar Ocean offers Wayfinder and Spotter Platform.
Sofar Ocean has 4 investors. Key investors include Union Square Ventures, Foundry, True Ventures, and Craft Ventures.