Sorsera

Marupe, Latvia Founded: 2020 • Age: 6 yrs
Provider of web-enabled B2B procurement marketplace connecting buyers and suppliers
Annual revenue $26,346 Latest available
Total funding $1.4M 1 rounds
Employees 4 Tracked headcount
Investors 1 Known backers
Products 4 Services tracked
Competitors 8 Brand Intelligence

About Sorsera

Sorsera is a company based in Marupe (Latvia) founded in 2020 by Rudolfs Kreicbergs and Georgs Vardanjans. Sorsera has raised $1.41 million across 1 funding round from investors including European Union. The company has 4 employees as of December 31, 2022. Sorsera offers products and services including Tender Monitor, Tender Intelligence, Collaboration Tools, and RFx. Sorsera operates in a competitive market with competitors including WCube, NovaFori, HotLink, Procural and Proqurr, among others.

  • Headquarter Marupe, Latvia
  • Employees 4 as on 31 Dec, 2022
  • Founders Rudolfs Kreicbergs, Georgs Vardanjans
  • Sectors
    Technology
  • Email
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  • Phone
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  • Website
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  • Social
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  • Legal Name Sorsera
Operational Areas
Technology → Marketing, Adtech & Commerce Technology Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $26.35 K (USD)
    0
    as on Dec 31, 2022
  • Net Profit
    -$49.02 K (USD)
    -370
    as on Dec 31, 2022
  • EBITDA
    Not available
  • Total Equity Funding
    $1.41 M (USD)

    in 1 rounds

  • Latest Funding Round
    $1.41 M (USD), Seed

    Sep 05, 2024

  • Investors
  • Employee Count
    4

    as on Dec 31, 2022

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Products & Services of Sorsera

Sorsera offers a comprehensive portfolio of products and services, including Tender Monitor, Tender Intelligence, Collaboration Tools, and RFx.

Product name locked
Category locked
Primary

Tool for finding real-time tender opportunities across the EU

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Provides insights into market trends and competitor activities

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Facilitates engagement with suppliers and partners for tenders

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Optimizes supplier requests and tender publications

Funding Insights of Sorsera

Sorsera has successfully raised a total of $1.41M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.41 million completed in September 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 Sorsera

Sorsera has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include European Union.

All
Institutional
Investor Description Founded Year Domain Location
Government entites focused on freedom, democracy, equality and the rule of law, promoting peace and stability
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Investor details for Sorsera

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Investments & Acquisitions by Sorsera

Investments
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Investment portfolio details for Sorsera

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Financial Statements - Sorsera

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Detailed financials for Sorsera

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Sorsera Comparisons

Sorsera Primary company
Description
Provider of web-enabled B2B procurement marketplace connecti...
Location
Marupe, Latvia
Founded Year
2020
Annual Revenue
$26.35 K (USD)
Net Profit
-$49.02 K (USD)
EBITDA
Not available
Employees
4
As of 2022
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Peer comparison for Sorsera

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Competitors of Sorsera

Sorsera 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 WCube, NovaFori, HotLink, Procural and Proqurr, among others.

Company Name Domain Founded year HQ Location Description
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B2B procurement marketplace is operated for mid-sized enterprises.
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AI-enabled B2B marketplace for procurement and trading is provided.
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Cloud-based B2B trade platform is provided with event management features.
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Provider of web-enabled B2B procurement marketplace
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B2B platform facilitating polymer buying, selling, and delivery via WhatsApp.
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Detailed competitors of Sorsera

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Latest news on Sorsera

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Complete news archive for Sorsera

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Frequently Asked Questions about Sorsera

Sorsera was founded in 2020 and raised its 1st funding round 4 years after it was founded.

Sorsera is headquartered in Marupe, Latvia.

Georgs Vardanjans is the current CEO of Sorsera. They have also founded this company.

Sorsera is a funded company, having raised a total of $1.41M across 1 funding round to date.

As of Dec 31, 2022, the latest employee count at Sorsera is 4.

Annual revenue of Sorsera is $26.35K as on Dec 31, 2022.

Sorsera was founded in 2020 and is based in Marupe, Latvia. A collaborative web platform is operated to link buyers, suppliers, partners, and supply chain professionals in the B2B procurement sector. Market analysis is facilitated, information requests are enabled, and inter-organizational conversations are supported through the system. Operations focus on streamlining procurement processes across the supply chain.

Sorsera's top competitors include WCube, NovaFori and Lawazem.

Sorsera offers Tender Monitor, Tender Intelligence, Collaboration Tools, and RFx.

Sorsera has 1 investor. Key investors include European Union.

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