What is Soter Technologies?
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:
Debt
$350K
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.
See full Soter Technologies company page