About Sotero
Sotero is a Technology company based in Burlington (United States) founded in 2017 by Shanthi Boppana and Purandar Das. It operates as a provider of a platform offering data encryption solutions provider. Sotero has raised $19.83 million across 5 funding rounds from investors including OurCrowd, Gutbrain Ventures and PBJ Capital. Its chief executive is Purandar Das. Its focus areas include Enterprise Infrastructure, Cybersecurity, Data Security and Encryption. Its competitors include Proton, Dropbox, Vaultree, Evervault and Mind Network and 5 more; 9 of its 10 listed competitors have raised funding.
Company details
Sotero was founded in 2017 and is headquartered in Burlington, United States. A platform for data security in the cybersecurity sector is provided, featuring real-time threat detection and prevention, encryption using advanced standards, compatibility with existing systems, integration capabilities, and secure data sharing. Operations focus on protecting sensitive information across various industries through these encryption-based services.
- Headquarters Burlington, United States
- Founders Shanthi Boppana, Purandar Das
- SectorsTechnology
- Website category Computers Electronics and Technology · Computer Security
- Email••••••••
- Website soterosoft.com
- Social LinkedIn X
- Total Equity Funding$19.83M (USD)
in 5 rounds
- Latest Funding Round$615.72K (USD), Seed
May 2025
- InvestorsOurCrowd
& 3 more
Funding Insights of Sotero
Sotero has successfully raised a total of $19.83M across 5 strategic funding rounds. The most recent funding activity was a Seed round of $615.72 thousand completed in May 2025. 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 $19.83M
- Total Rounds 5
- Last Round Seed — $615,718
- First Round $5M
(Jul 2020)
- Investors Count 4
All 5 funding rounds of Sotero 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 |
|---|---|---|---|---|---|
| May 2025 | $615,718 | Seed | – | – | – |
| Sep 2024 | $421,418 | Seed | – | – | – |
| Jul 2022 | $8M | Seed | – | OurCrowd | |
| Feb 2022 | $5.79M | Seed | – | Gutbrain Ventures, Boston Seed Capital | – |
| Jul 2020 | $5M | Seed | – | Gutbrain Ventures |
4 investors in total: 4 institutional.
Investors in Sotero
Sotero has secured backing from 4 investors, including institutional and venture fund investors. Prominent investors backing the company include OurCrowd, Gutbrain Ventures and PBJ Capital.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm investing in software companies | – | gutbrainventures.com | Boston, United States | |
Early-stage technology companies are invested in by PBJ Capital. | 2021 | pbjcapital.com | - | |
US seed-stage tech startups are funded by Boston Seed Capital. | – | bostonseed.com | Boston, United States | |
Network connecting investors to startups, venture capital funds, and alternatives | 2013 | ourcrowd.com | Jerusalem, Israel |
Investor details for Sotero
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 Sotero
14 people are tracked at Sotero (5 in leadership, 6 in board & advisors, 3 in team).
| Name | Role | Group |
|---|---|---|
Shanthi Boppana | Founder | Leadership |
Purandar Das | Founder & CEO | Leadership |
Aboo Thanikkal | Director Of Engineering | Leadership |
Michaelene Koskela | Chief Of Staff/ Business Development | Leadership |
Christopher Castaldo | Chief Revenue Officer | Leadership |
Tony Hadfield | Advisor | Board & advisors |
Bruce Clarke | Board Member | Board & advisors |
Eric Schnadig | Board Member | Board & advisors |
Patrick Dineen | Advisor | Board & advisors |
Carol Meyers | Advisor | Board & advisors |
Bob Davoli | Chairman | Board & advisors |
Christy Middeke | Fraction Marketing & Sales Enablement | Team |
Rajesh C. | Product Development and Tech Ops | Team |
Scott Dykstra | Strategic Advisor | Team |
Complete people profiles for Sotero
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.
Timeline of Sotero
3 dated milestones of Sotero across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Sotero is founded.
- Funding First funding round of $5.0M.
- Funding Latest funding round, Seed, of $616K.
Competitors of Sotero
Sotero has 10 listed competitors in our database, 9 of them funded. They include Proton, Dropbox, Vaultree, Evervault and Mind Network, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| proton.me | 2014 | Geneva, Switzerland | $2M | – | Encrypted digital services are provided by Proton for privacy-focused users. | |
| dropbox.com | 2007 | San Francisco, United States | $607.2M | 2,316 | Cloud-based file sharing and collaboration tools are offered for enterprises. | |
| vaultree.com | 2020 | Cork, Ireland | $16.1M | – | Data-in-use encryption is developed for secure processing and sharing. | |
| evervault.com | 2019 | Dublin, Ireland | $22.2M | – | Data encryption solution provider | |
| mindnetwork.xyz | 2022 | Singapore | $12.5M | – | Encrypted data lake is offered for secure data management. | |
| baffle.io | 2015 | Santa Clara, United States | $29M | 25 | End-to-end data encryption is delivered for secure cloud processing. | |
| pgp.com | 1996 | Menlo Park, United States | $27.53M | – | Email and data encryption software is provided for enterprise protection. | |
| pkware.com | 1986 | Milwaukee, United States | – | 120 | Cross-platform encryption, key management, and compression software is developed. | |
| optalysys.com | 2013 | Wakefield, United Kingdom | $32.11M | 2 | AI-powered optical processing technology for big data applications is developed. | |
| vawlt.io | 2018 | Lisbon, Portugal | $3.58M | – | Cloud-based data security and encryption solutions are provided. |
Detailed competitors of Sotero
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
- Operating metrics
- Benchmarks
- Competitive positioning
Verified entity values are shown only after access is granted.
Web traffic of Sotero
The website of Sotero (soterosoft.com) receives about 3.3K visits a month and ranks #4,326,318 among all websites worldwide, #7,509 in Computer Security.
- Monthly visits3.3K
▼ 16% vs previous month
- Unique visitors1.6K
per month
- Global rank#4,326,318
among all websites
- Category rank#7,509
Computers Electronics and Technology · Computer Security
- Bounce rate37%
- Pages per visit1.9
- Average visit57 sec
- DevicesDesktop 35% · Mobile 65%
Top companies in Enterprise Collaboration & Video Tools
10 companies that operate in the same segment as Sotero (Enterprise Collaboration & Video Tools), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based team communication and collaboration platform is provided. | 2009 | San Francisco, California, United States | USD 1.22 B | – | 2,555 | |
Cloud-based enterprise collaboration suites are delivered for team productivity. | 2002 | Sydney, New South Wales, Australia | USD 210 M | USD 6.57 B | 16,867 | |
Collaborative platform for design prototyping and feedback is provided. | 2012 | San Francisco, California, United States | USD 748.62 M | – | 2,877 | |
AI-based platform for secure collaboration and content management is utilized. | 2005 | Redwood City, California, United States | USD 692.63 M | USD 1.18 B | 4,447 | |
Cloud-based software for enterprise collaboration and project management is provided. | 2013 | San Francisco, California, United States | USD 417.7 M | – | 7,141 | |
Cloud-based platform for project management and team tracking is offered. | 2012 | Tel Aviv, Tel Aviv, Israel | USD 234.7 M | USD 1.23 B | 3,900 | |
Integrated documents and spreadsheets are utilized for team project management. | 2014 | San Francisco, California, United States | USD 240 M | – | 130 | |
Cloud based suite solutions for enterprise project management | 2005 | Bellevue, Washington, United States | USD 120.59 M | – | – | |
Cloud-based file sharing and file transfer application | 2009 | Amsterdam, Netherlands | USD 63.81 M | – | – | |
AI-powered CRM for marketing and sales management is provided. | 1996 | Chennai, Tamil Nadu, India | – | USD 1.6 B | 17,856 |
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Related news about Sotero
Complete news archive for Sotero
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Frequently Asked Questions about Sotero
Sotero was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Sotero is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Purandar Das is the current CEO of Sotero. They have also founded this company.
Sotero is a funded company, having raised a total of $19.83M across 5 funding rounds to date. The company's 1st funding round was a Seed of $5M, raised on Jul 2020.
Sotero was founded in 2017 and is headquartered in Burlington, United States. A platform for data security in the cybersecurity sector is provided, featuring real-time threat detection and prevention, encryption using advanced standards, compatibility with existing systems, integration capabilities, and secure data sharing. Operations focus on protecting sensitive information across various industries through these encryption-based services.
Sotero has 4 investors. Key investors include OurCrowd, Gutbrain Ventures, PBJ Capital, and Boston Seed Capital.