What is Sotero?
Founded in 2017 and headquartered in Burlington, Massachusetts, Sotero provides a comprehensive data protection solution. The platform is designed to encrypt data at rest, in motion, and in use, serving enterprise, SaaS, and data platform providers. Sotero's technology enables secure operational databases, protected cloud data access, and safe data analysis and sharing, even across international borders, addressing critical security needs in today's data-intensive landscape.
How much funding has Sotero raised?
Sotero has raised a total of $1.3M across 1 funding round:
Angel/Seed
$1.3M
Angel/Seed (2022): $1.3M with participation from Boston Seed Capital, Gutbrain Ventures, OurCrowd, and PBJ Capital
Key Investors in Sotero
Boston Seed Capital
Boston Seed Capital is a seed-stage venture firm based in Boston, focusing on early-stage companies across consumer, B2B SaaS, and infrastructure sectors. They provide practical support from pre-seed to scale, championing entrepreneurs leveraging technology for meaningful change.
Gutbrain Ventures
Gutbrain Ventures is an independent venture firm led by Bob Davoli, specializing in enterprise software investments. With extensive experience, they partner with management teams to drive growth and value creation, supporting companies from early stages through successful exits.
OurCrowd
OurCrowd is an investment platform founded in 2013, enabling accredited investors and institutions to invest in startups, early-stage companies, and venture funds. The company is based in Israel.
What's next for Sotero?
The substantial enterprise-level backing indicates Sotero is poised for significant scaling and market expansion. This strategic investment will likely fuel further development of its universal data protection platform, enhance its go-to-market strategies, and potentially broaden its reach into new industry verticals. The company's focus on robust encryption across on-premise and cloud data stores positions it to capitalize on the growing demand for advanced data security solutions.
See full Sotero company page
