About Soter Technologies
Soter Technologies is a company based in Hauppauge (United States) founded in 2017.. Soter Technologies has raised $5.31 million across 1 funding round. The company has 17 employees as of December 31, 2021. Soter Technologies offers products and services including FlySense 286 and FlySense 300. Soter Technologies operates in a competitive market with competitors including Converge, Fixposition, JUMO, HitSeed and Altered Carbon, among others.
- Headquarter Hauppauge, United States
- Employees 17 as on 31 Dec, 2021
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Sectors
Technology
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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 Soter Technologies Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.31 M (USD)
in 1 rounds
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Latest Funding Round
$5.31 M (USD), Series A
Mar 17, 2023
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Investors
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Employee Count
17
as on Dec 31, 2021
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Products & Services of Soter Technologies
Soter Technologies offers a comprehensive portfolio of products and services, including FlySense 286 and FlySense 300. 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.
Device for detecting vape and cigarette smoke with anti-bullying features.
Advanced sensor for vape detection and cloud-based monitoring solutions.
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Funding Insights of Soter Technologies
Soter Technologies has successfully raised a total of $5.31M through 1 strategic funding round. The most recent funding activity was a Series A round of $5.31 million completed in March 2023. 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.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $5.3M
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First Round
First Round
(17 Mar 2023)
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Mar, 2023 | Amount | Series A - Soter Technologies | Valuation |
investors |
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| 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 |
Investments & Acquisitions by Soter Technologies
| 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 - Soter Technologies
| 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 |
Soter Technologies Comparisons
Competitors of Soter Technologies
Soter Technologies 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 Converge, Fixposition, JUMO, HitSeed and Altered Carbon, 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.
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| domain | founded_year | HQ Location |
Sensor networks are utilized for monitoring construction sites.
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Positioning services for autonomous vehicles, drones, and robots are provided.
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Electronic manufacturing and engineering services are provided by JUMO.
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Local intelligence for connected devices is enabled by end-to-end solutions.
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Provider of graphene sensors and data platform
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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 Soter Technologies
Frequently Asked Questions about Soter Technologies
When was Soter Technologies founded?
Soter Technologies was founded in 2017 and raised its 1st funding round 6 years after it was founded.
Where is Soter Technologies located?
Soter Technologies is headquartered in Hauppauge, United States. It is registered at Hauppauge, New York, United States.
Is Soter Technologies a funded company?
Soter Technologies is a funded company, having raised a total of $5.31M across 1 funding round to date. The company's 1st funding round was a Series A of $5.31M, raised on Mar 17, 2023.
How many employees does Soter Technologies have?
As of Dec 31, 2021, the latest employee count at Soter Technologies is 17.
What does Soter Technologies do?
Founded in 2017 and based in Hauppauge, United States, sensor systems for threat detection are manufactured by Soter Technologies. Operations center on environmental and social intelligence products that identify incidents such as bullying, vaping, and elevated sounds. Real-time detection and reporting are facilitated across monitored spaces, supporting security in educational and public environments. The domain sotertechnologies.com is utilized for operations.
Who are the top competitors of Soter Technologies?
Soter Technologies's top competitors include Converge, Fixposition and JUMO.
What products or services does Soter Technologies offer?
Soter Technologies offers FlySense 286 and FlySense 300.
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