About Sorenson
Sorenson is a company based in Salt Lake City (United States) founded in 1996 was acquired by Ariel Alternatives in April 2022.. Sorenson has completed 2 acquisitions, including Caag4 and Hand Talk. Sorenson offers products and services including Mobile App, Desktop App, CaptionCall, and Lumina VP. Sorenson operates in a competitive market with competitors including Ava, hearX Group, Hand Talk, RogerVoice and Innocaption, among others.
- Headquarter Salt Lake City, United States
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
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Social
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- Legal Name Sorenson Communications, Inc.
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
$725 M (USD), Debt – Conventional
Apr 29, 2019
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Investors
Credit Suisse
& 3 more
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Employee Count
Employee Count
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Investments & Acquisitions
Caag4
& 1 more
- Acquired by
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Products & Services of Sorenson
Sorenson offers a comprehensive portfolio of products and services, including Mobile App, Desktop App, CaptionCall, and Lumina VP. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
App for on-the-go ASL interpreting and video relay services.
Software for workplace VRS calls and accessibility features.
Device and app for real-time phone call captions.
Videophone hardware for high-quality video communication.
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Software Development Team
67 people
Video Team
23 people
Leadership Team
22 people
Sales and Marketing
12 people
Operations Team
12 people
Interpreter Team
10 people
Creative and Marketing Team
8 people
Product Management Team
8 people
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Funding Insights of Sorenson
- Total Funding Total Funding
- Total Rounds 2
- Last Round Debt – Conventional — $725.0M
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Apr, 2019 | Amount | Debt – Conventional - Sorenson | Valuation |
investors |
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| Mar, 2019 | Amount | Debt – Conventional - Sorenson | Valuation |
investors |
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| 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 Sorenson
Sorenson has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include Credit Suisse, Madison Dearborn Partners and GTCR Chicago Private Equity Firm. 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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Private equity investments are directed toward key sectors by MDP.
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Founded Year | Domain | Location | |
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Private equity investments and firm management in Chicago.
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Founded Year | Domain | Location | |
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Wealth management, asset management, and investment banking services are offered.
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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 Sorenson
Sorenson has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Caag4 and Hand Talk. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Provider of software for virtual sign-language interpreter
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2012 | ||||
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Plumbing, roofing, and electrical services are provided by Caag4 foundation.
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2001 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Sorenson
| 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 |
Sorenson Comparisons
Competitors of Sorenson
Sorenson 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 Ava, hearX Group, Hand Talk, RogerVoice and Innocaption, 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 |
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| domain | founded_year | HQ Location |
AI-based transcription and captioning services are provided for multiple applications.
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| domain | founded_year | HQ Location |
Provider of AI & cloud-based smart hearing test and self-screening solutions
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| domain | founded_year | HQ Location |
Provider of software for virtual sign-language interpreter
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| domain | founded_year | HQ Location |
Call assistance for individuals suffering from speech and hearing impairment
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| domain | founded_year | HQ Location |
Provides mobile app for real-time phone call captioning and accessibility features.
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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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On-demand services are booked through an app-based platform.
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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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Latest news on Sorenson
Frequently Asked Questions about Sorenson
When was Sorenson founded?
Sorenson was founded in 1996 and raised its 1st funding round 23 years after it was founded.
Where is Sorenson located?
Sorenson is headquartered in Salt Lake City, United States. It is registered at Salt Lake City, Utah, United States.
What does Sorenson do?
Sorenson Communications was established in 1996 in Salt Lake City, United States, within the telecommunications sector focused on accessibility. Operations center on delivering video relay services (SVRS), IP relay (SIPRelay), and videophones tailored for the deaf and hard-of-hearing community. These offerings support real-time communication needs across the United States, emphasizing reliable technology integration for users with hearing impairments.
Who are the top competitors of Sorenson?
Sorenson's top competitors include hearX Group, Ava and Hand Talk.
What products or services does Sorenson offer?
Sorenson offers Mobile App, Desktop App, CaptionCall, and Lumina VP.
How many acquisitions has Sorenson made?
Who are Sorenson's investors?
Sorenson has 4 investors. Key investors include Credit Suisse, Madison Dearborn Partners, GTCR Chicago Private Equity Firm, and Ariel Alternatives.
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