About Sotira
Sotira is a company based in Berkeley (United States) founded in 2021 by Gary Kwong and Amrita Bhasin.. Sotira has raised $4.02 million across 3 funding rounds from investors including Techstars, Unusual Ventures and Night Capital. Sotira offers products and services including Sotira Platform. Sotira operates in a competitive market with competitors including Syrup, Ghost, INTURN, Ydistri and Mercado Unico, among others.
- Headquarter Berkeley, United States
- Founders Gary Kwong, Amrita Bhasin
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Sectors
RetailTechnology
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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
$4.02 M (USD)
in 3 rounds
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Latest Funding Round
$2 M (USD), Seed
Feb 04, 2025
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Investors
Techstars
& 4 more
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Employee Count
Employee Count
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Products & Services of Sotira
Sotira offers a comprehensive portfolio of products and services, including Sotira Platform. 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.
Enables suppliers to sell and manage surplus inventory efficiently
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Funding Insights of Sotira
Sotira has successfully raised a total of $4.02M across 3 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in February 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 3
- Last Round Seed — $2.0M
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First Round
First Round
(10 Apr 2022)
- Investors Count 5
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2025 | Amount | Seed - Sotira | Valuation | Unusual Ventures | |
| Jun, 2023 | Amount | Seed - Sotira | Valuation | Techstars |
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| Apr, 2022 | Amount | Seed - Sotira | Valuation |
investors |
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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 Sotira
Sotira has secured backing from 5 investors, including venture fund investors. Prominent investors backing the company include Techstars, Unusual Ventures and Night 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 investments in software startups from pre-seed to Series A stages.
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Founded Year | Domain | Location | |
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Night Capital is engaged in early-stage venture capital investments.
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Founded Year | Domain | Location | |
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Conventional venture capital fund
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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 Sotira
| 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 - Sotira
| 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 |
Sotira Comparisons
Competitors of Sotira
Sotira 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 Syrup, Ghost, INTURN, Ydistri and Mercado Unico, 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 |
AI-based inventory management solutions are provided for retailers and brands.
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| domain | founded_year | HQ Location |
Surplus inventory is traded via a B2B marketplace platform.
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| domain | founded_year | HQ Location |
Excess inventory is managed and sold via private online showrooms.
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| domain | founded_year | HQ Location |
Excess inventory is redistributed via smart algorithms to optimize sales.
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| domain | founded_year | HQ Location |
AI-based solutions for food and beverage operation management are provided.
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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 Sotira
Frequently Asked Questions about Sotira
When was Sotira founded?
Sotira was founded in 2021 and raised its 1st funding round 1 year after it was founded.
Where is Sotira located?
Sotira is headquartered in Berkeley, United States. It is registered at Berkeley, California, United States.
Who is the current CEO of Sotira?
Amrita Bhasin is the current CEO of Sotira. They have also founded this company.
Is Sotira a funded company?
Sotira is a funded company, having raised a total of $4.02M across 3 funding rounds to date. The company's 1st funding round was a Seed of $2M, raised on Apr 10, 2022.
What does Sotira do?
Provider of sales analytics software solutions for e-commerce businesses. The solutions provided are financial tracking by categorization of expenses receipts for materials and costs, analytics optimization of sales records, sales forecasting, pricing discovery tool to optimize product prices, calculating profit, profit margin, and more.
What products or services does Sotira offer?
Sotira offers Sotira Platform.
Who are Sotira's investors?
Sotira has 5 investors. Key investors include Techstars, Unusual Ventures, Night Capital, K5 Global, and Ritual Capital.