What is Somos?
Founded in 2018 and based in Medellín, Colombia, Somos is dedicated to transforming access to essential infrastructure, beginning with internet connectivity. Leveraging its proprietary FiberWave technology, the company aims to deliver faster, more stable, and cost-effective internet solutions. Somos is actively working to enhance the relationship individuals have with connectivity, providing high-speed, reliable, and accessible internet to a growing number of Latin Americans.
How much funding has Somos raised?
Somos has raised a total of $13.4M across 1 funding round:
Angel/Seed
$13.4M
Angel/Seed (2023): $13.4M with participation from Kazsek Ventures, Nazca Ventures, and K50 Ventures
Key Investors in Somos
Kazsek Ventures
Kazsek Ventures is an investment firm that has participated in Somos's recent funding round. Their involvement suggests a strategic interest in technology companies aiming to disrupt established markets.
Nazca Ventures
Nazca Ventures, a backer in Somos's latest financing, likely focuses on high-growth potential companies within the Latin American market, particularly those with innovative technological solutions.
K50 Ventures
K50 Ventures, an early-stage venture capital firm specializing in sectors like healthcare, financial services, and industrials, has invested in Somos. Their focus on technology-driven solutions and a portfolio valued at $35B indicates a strategic alignment with Somos's mission to reshape infrastructure through innovation.
What's next for Somos?
The substantial enterprise-level funding indicates that Somos is poised for significant scaling and expansion. This capital infusion is expected to accelerate the development and deployment of its FiberWave technology across Latin America, solidifying its market position. The company's strategic focus on improving basic infrastructure, particularly internet access, suggests a future of continued innovation and market penetration, potentially leading to further rounds of financing as it aims to achieve its ambitious goals.
See full Somos company page
