About Somero
Somero is a publicly listed company based in Fort Myers (United States) founded in 1985 by Dave Somero. Laser-guided machinery for concrete placement is manufactured. The company has 140 employees. Somero has completed 1 acquisition, including Line Dragon. Somero offers products and services including Boom Laser Screeds, Ride-on Laser Screeds, Lightweight Screeds, Stationary Laser Screeds, and Software Packages. Its focus areas include Real Estate and Construction, Construction Equipment and Machinery and Construction Equipments. Its legal entity is Somero Enterprises, Inc.
Company details
Somero was founded in 1985 and is headquartered in Fort Myers, United States. Operations focus on the construction equipment sector, where laser-guided machinery for horizontal concrete placement is produced, including the patented Laser Screed for slab-on-grade floors. SiteShape software is also developed for controlling subgrade machines like motor graders and bulldozers. Customer training, technical support, and product innovation are provided to enhance job site efficiency and concrete flatness.
- Annual Revenue$90.78 M (USD)-21.07as on Dec 31, 2025
- Net Profit$10.44 M (USD)-46.74as on Dec 31, 2025
- EBITDA$17.03 M (USD)-39as on Dec 31, 2025
- Latest Funding Round$5.5M (USD), Post-IPO
Jul 2009
- Investors
- Employee Count140
- Investments & Acquisitions
Products & Services of Somero
Somero offers a comprehensive portfolio of products and services, including Boom Laser Screeds, Ride-on Laser Screeds, Lightweight Screeds, Stationary Laser Screeds, and Software Packages.
Laser-guided tools for large-scale concrete leveling and placement.
User-friendly devices for fast and precise concrete screeding.
Portable systems for accurate concrete finishing in various applications.
Fixed tools that improve floor quality and labor efficiency.
Proprietary systems to enhance concrete placement productivity.
Apps and channels of Somero
its YouTube channel Somero Enterprises has 1.76K subscribers and 30 videos.
Videos from Somero
The most watched videos on Somero's YouTube channel, Somero Enterprises (1.76K subscribers). Click a video to play it here.
More on Somero Enterprises.
Funding Insights of Somero
- Total Rounds 2
- Last Round Post-IPO — $5.5M
- Investors Count 1
All 2 funding rounds of Somero with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul 2009 | $5.5M | Post-IPO | – | – | – |
| Aug 2005 | Private Equity Round | – | – |
1 investors in total: 1 institutional.
Investors in Somero
Somero has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include The Gores Group.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private investments are made in mature businesses across multiple sectors. | 1987 | gores.com | Los Angeles, United States |
Investor details for Somero
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
- Investor portfolios
- Co-investor network
Verified entity values are shown only after access is granted.
People of Somero
27 people are tracked at Somero (12 in leadership, 15 in team); the tracked headcount is 140.
| Name | Role | Group |
|---|---|---|
Dave Somero | Founder | Leadership |
Jack Cooney | Chief Executive Officer | Leadership |
Dave Raasakka | Vice President Global Customer Support Manager | Leadership |
Howard Hohmann | Executive Vice President | Leadership |
Vincenzo LiCausi | CFO & Secretary | Leadership |
Dennis Mors | Sales Director of Innovative Products & Dealer Development | Leadership |
Lance Holbrook | Vice President of North America & Latin America | Leadership |
Myron Hillock | Regional Sales Director; Somero Enterprises Inc | Leadership |
T.r. Kunesh | Global Business Development Director | Leadership |
Brad Wymore | Marketing Director | Leadership |
Michael Niemela | Vice President Of Customer Service, Chief Financial Officer, Secretary And Director | Leadership |
Chris Dobbie | Vice President Of Sales Europe And Middle East | Leadership |
Carr Stewart | Field Support Professional Somero Enterprises | Team |
Scott Luman | Southeast Territory Manager | Team |
Sandeep Kaushik | Regional Manager - North And East India | Team |
Shawn O’Connor | Product Sales Specialist | Team |
Chad Carlson | US Customer Support Manager | Team |
Anita Mayville | Sales | Team |
Derek Ryan | New Customer Aquisitions | Team |
David Jones | Territory Sales Manager | Team |
7 more people are available in the full profile.
Complete people profiles for Somero
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
- Full employee list
- Team structure
- Board tenure
- Professional contacts
Verified entity values are shown only after access is granted.
IPO & Listings of Somero
Somero is a publicly listed company on the LSE with ticker symbol SOM in UK, operating in the Producer manufacturing sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
- IPO date01 Nov 2006
- Listed onLSE: SOM
- Listed entitySomero Enterprises, Inc.
- Exchange sectorProducer manufacturing
- ISINUSU834501038
- Share price267.50 GBX (+0.19% on the day) · 2026-10-14
- Market capitalisation137,816,326.00 GBX
- Price to earnings13.0
- Dividend yield2.84%
Financials of Somero
| Year | Revenue | Net income | EBITDA |
|---|---|---|---|
| 2025 | 67.4M GBP | 7.8M GBP | 12.7M GBP |
| 2024 | 85.4M GBP | 14.6M GBP | 20.7M GBP |
| 2023 | 97.1M GBP | 22.5M GBP | 28.5M GBP |
| 2022 | 108.5M GBP | 25.3M GBP | 36.4M GBP |
| 2021 | 97.0M GBP | 25.3M GBP | 34.0M GBP |
Detailed financial statements for Somero
Statement rows, ratios, five-year trends and downloadable financials of the group companies require an active premium plan.
- Statement rows
- Financial ratios
- Five-year trends
- Downloads
Verified entity values are shown only after access is granted.
Investments & Acquisitions by Somero
Somero has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Line Dragon.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
Advanced concrete placing equipment and associated machinery are manufactured. | linedragon.com | Narvon, United States | 2007 | Jan 2019 | •••• |
Complete acquisition details for Somero
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
- Deal sources
- Complete history
- Exports
Verified entity values are shown only after access is granted.
Timeline of Somero
5 dated milestones of Somero across 34 years, from founding to its latest funding, stage changes and deals.
- Founded Somero is founded.
- Funding First funding round.
- IPO Lists on the stock exchange (IPO).
- Funding Latest funding round, Post-IPO, of $5.5M.
- Acquisition Acquires Line Dragon.
Web traffic of Somero
The website of Somero (somero.com) receives about 7.4K visits a month.
- Monthly visits7.4K
▼ 3.7% vs previous month
Websites whose visitors overlap most with Somero. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
hilmanrollers.com | hilmanrollers.com | 100% | #2,894,762 | – | |
| reedpumps.com | 98% | #8,753,706 | View details | ||
| concretepumping.com | 96% | 4.6K | #4,162,305 | View details | |
pumphaus.com | pumphaus.com | 80% | – | ||
minequip.kpmindustries.com | minequip.kpmindustries.com | 80% | – | ||
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
| •••••••••• | ••••••.com | ••% | •.•M | #••••• | – |
All 17 similar websites and full traffic analytics for Somero
The complete similar-websites list, audience overlap and engagement analytics require an active premium plan.
- 17 similar websites
- Audience overlap
- Engagement analytics
- Traffic by brand
Verified entity values are shown only after access is granted.
Top companies in Construction Equipment and Machinery
3 companies that operate in the same segment as Somero (Construction Equipment and Machinery) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Industrial tools and equipment are supplied globally by Kennametal. | 1938 | Latrobe, Pennsylvania, United States | USD 1.97 B | 8,119 | ||
Construction and industrial equipment is rented across North America. | 1983 | Fort Mill, South Carolina, United States | ||||
Tractors and mechanized off-highway equipment are manufactured. | 1837 | Moline, Illinois, United States | USD 45.63 B |
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Related news about Somero
Complete news archive for Somero
Full article history, source details, and older brand coverage require an active premium plan.
- Full article archive
- Source and publication date
- Older coverage
- Brand-specific news history
Verified entity values are shown only after access is granted.
Frequently Asked Questions about Somero
Somero was founded in 1985 and raised its 1st funding round 20 years after it was founded.
Somero is headquartered in Fort Myers, United States. It is registered at Fort Myers, Florida, United States.
Somero has 140 employees.
Annual revenue of Somero is $90.78M as on Dec 31, 2025.
Somero was founded in 1985 and is headquartered in Fort Myers, United States. Operations focus on the construction equipment sector, where laser-guided machinery for horizontal concrete placement is produced, including the patented Laser Screed for slab-on-grade floors. SiteShape software is also developed for controlling subgrade machines like motor graders and bulldozers. Customer training, technical support, and product innovation are provided to enhance job site efficiency and concrete flatness.
Somero offers Boom Laser Screeds, Ride-on Laser Screeds, Lightweight Screeds, Stationary Laser Screeds, and Software Packages.
Yes, Somero is publicly traded on LSE under the ticker symbol SOM.
Somero has made 1 acquisition, including Line Dragon.
Somero has 1 investor. Key investors include The Gores Group.
Somero operates through Somero Enterprises, Inc..