How Much Did Soter Technologies Raise?
Funding & Key Investors

Soter Technologies, a company focused on environmental intelligence and safety solutions, has secured $542K in total capital, with its most recent funding round bringing in $192K through a major strategic investment. This latest financing underscores the company's progress in developing and deploying innovative technologies aimed at enhancing public health and safety.

What is Soter Technologies?

Soter Technologies
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Ronkonkoma, New York-based Soter Technologies is dedicated to safeguarding students and the public through advanced sensor, IoT, and software technologies. The company specializes in environmental intelligence, creating solutions that make spaces safer and healthier, from educational institutions to large enterprises. Soter Technologies, originally founded as Digital Fly in 2017 with a focus on social media awareness, has pivoted to offer groundbreaking products like the FlySense Vaping & Elevated Sound Detector, the world's first system for detecting vaping and bullying in schools. More recently, the company introduced SymptomSense, a technology designed to identify illness and protect critical facilities from potential virus carriers. The company's commitment to a holistic approach to safety, which prioritizes detection and deterrence without compromising privacy, has led to widespread adoption of its technology in schools globally.

How much funding has Soter Technologies raised?

Soter Technologies has raised a total of $542K across 2 funding rounds:

2020

Debt

$350K

2021

Debt

$192K

Debt (2020): $350K with participation from PPP

Debt (2021): $192K led by PPP

Key Investors in Soter Technologies

PPP

Public-Private Partnership

PPP

Public-Private Partnership

What's next for Soter Technologies?

The recent major strategic investment indicates Soter Technologies is likely in a growth or scaling phase, aiming to expand its market reach and further develop its environmental intelligence platforms. With a strong foundation in school safety and a new focus on broader health threat detection, the company is well-positioned to capitalize on increasing demand for advanced safety and health monitoring solutions. Future capital deployment will likely focus on enhancing R&D for its SymptomSense technology, expanding its sales and distribution networks, and potentially exploring new verticals beyond educational and public spaces.

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Frequently Asked Questions Regarding Soter Technologies Financial Insights

What are the most recent funding rounds that Soter Technologies has completed, and what were the funding rounds?
Soter Technologies has recently completed 2 funding rounds: Debt on Mar 16, 2021, Debt on Apr 8, 2020.
What is the total amount of funding Soter Technologies has raised to date?
Soter Technologies has raised a total of $542K in funding to date.
How many funding rounds has Soter Technologies completed?
Soter Technologies has completed 2 funding rounds.
How much funding did Soter Technologies raise in its most recent funding round?
Soter Technologies raised $192K in its most recent funding round.
Who are the lead investors in Soter Technologies's latest funding round?
The lead investor in Soter Technologies's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Soter Technologies's history?
The largest funding round in Soter Technologies's history was $350K.
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