About Sotero
Sotero is a company based in Burlington (United States) founded in 2017 by Shanthi Boppana and Purandar Das.. Sotero has raised $19.83 million across 5 funding rounds from investors including OurCrowd, Gutbrain Ventures and PBJ Capital. Sotero operates in a competitive market with competitors including Proton, Dropbox, Vaultree, Evervault and Mind Network, among others.
- Headquarter Burlington, United States
- Founders Shanthi Boppana, Purandar Das
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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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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$19.83 M (USD)
in 5 rounds
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Latest Funding Round
$615.72 K (USD), Seed
May 14, 2025
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Investors
OurCrowd
& 3 more
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Employee Count
Employee Count
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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 Total Funding
- Total Rounds 5
- Last Round Seed — $615,718
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First Round
First Round
(22 Jul 2020)
- Investors Count 4
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2025 | Amount | Seed - Sotero | Valuation |
investors |
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| Sep, 2024 | Amount | Seed - Sotero | Valuation |
investors |
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| Jul, 2022 | Amount | Seed - Sotero | Valuation | OurCrowd |
| 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 |
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. 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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Venture capital firm investing in software companies
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Founded Year | Domain | Location | |
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Early-stage technology companies are invested in by PBJ Capital.
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Founded Year | Domain | Location | |
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US seed-stage tech startups are funded by Boston Seed Capital.
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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 Sotero
| 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 - Sotero
| 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 |
Sotero Comparisons
Competitors of Sotero
Sotero 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 Proton, Dropbox, Vaultree, Evervault and Mind Network, 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 |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Encrypted digital services are provided by Proton for privacy-focused users.
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| domain | founded_year | HQ Location |
Cloud-based file sharing and collaboration tools are offered for enterprises.
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| domain | founded_year | HQ Location |
Data-in-use encryption is developed for secure processing and sharing.
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| domain | founded_year | HQ Location |
Data encryption solution provider
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| domain | founded_year | HQ Location |
Encrypted data lake is offered for secure data management.
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| domain | founded_year | HQ Location |
End-to-end data encryption is delivered for secure cloud processing.
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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 Sotero
Frequently Asked Questions about Sotero
When was Sotero founded?
Sotero was founded in 2017 and raised its 1st funding round 3 years after it was founded.
Where is Sotero located?
Sotero is headquartered in Burlington, United States. It is registered at Burlington, Vermont, United States.
Who is the current CEO of Sotero?
Purandar Das is the current CEO of Sotero. They have also founded this company.
Is Sotero a funded 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 $8M, raised on Jul 22, 2020.
What does Sotero do?
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.
Who are the top competitors of Sotero?
Who are Sotero's investors?
Sotero has 4 investors. Key investors include OurCrowd, Gutbrain Ventures, PBJ Capital, and Boston Seed Capital.
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