About Soroc
Soroc is a company based in Toronto (Canada) founded in 1981 by Rudy Cheddie was acquired by Pomeroy in December 2024.. Soroc offers products and services including Managed Services, Cloud and Service Management, Digital Workplace Services, and Network Services. Soroc operates in a competitive market with competitors including NTT DATA, Accenture, Happiest Minds, Infosys and Ciena, among others.
- Headquarter Toronto, Canada
- Founders Rudy Cheddie
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Sectors
Business ServicesTechnology
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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 Soroc Technology
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Products & Services of Soroc
Soroc offers a comprehensive portfolio of products and services, including Managed Services, Cloud and Service Management, Digital Workplace Services, and Network Services. 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.
Ongoing monitoring and management of IT functions to enhance efficiency and security.
Services for managing cloud applications and optimizing digital infrastructure.
Support for digital tools and environments to improve employee productivity.
Solutions for securing and maintaining business networks.
Funding Insights of Soroc
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2020 | Amount | Private Equity Round - Soroc | Valuation | CenterGate Capital |
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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 Soroc
Soroc has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Pomeroy and CenterGate Capital. 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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Founded Year | Domain | Location | |
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IT infrastructure managed services, staffing, and procurement are provided.
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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 Soroc
| 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 - Soroc
| 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 |
Soroc Comparisons
Competitors of Soroc
Soroc 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 NTT DATA, Accenture, Happiest Minds, Infosys and Ciena, 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 |
Application development, cloud, cybersecurity, and business intelligence services are provided.
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| domain | founded_year | HQ Location |
IT and management consultancy services are provided globally.
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| domain | founded_year | HQ Location |
IT outsourcing services are delivered across multiple business lines.
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| domain | founded_year | HQ Location |
Digital marketing, data analytics, and IT services are provided globally.
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| domain | founded_year | HQ Location |
Cloud-based network management software is provided for infrastructure planning.
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| domain | founded_year | HQ Location |
Software Technology Services Firm
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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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Latest news on Soroc
Frequently Asked Questions about Soroc
When was Soroc founded?
Soroc was founded in 1981 and raised its 1st funding round 39 years after it was founded.
Where is Soroc located?
Soroc is headquartered in Toronto, Canada. It is registered at Toronto, Ontario, Canada.
What does Soroc do?
Soroc provider of it service suite solutions, digital marketing, and recruitment services through providing business support, hr services, recruitment services, and it. Prioritizing client-centric approaches, it ensures high-quality outcomes, innovation, and sustainable practices in its field. It continues to evolve, meeting industry challenges with strategic approaches.
Who are the top competitors of Soroc?
Soroc's top competitors include DigitalOcean, Happiest Minds and Infosys.
What products or services does Soroc offer?
Soroc offers Managed Services, Cloud and Service Management, Digital Workplace Services, and Network Services.
Who are Soroc's investors?
Soroc has 2 investors. Key investors include Pomeroy, and CenterGate Capital.
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