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. The most recent funding round, a major strategic investment, brought in $192K on March 16, 2021. This 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
SoftwareSecurity SoftwareManufacturing

Ronkonkoma, New York-based Soter Technologies is dedicated to safeguarding student and public health through advanced sensor, IoT, and software technologies. The company specializes in environmental intelligence, creating solutions that foster safer and healthier environments across schools, enterprises, and public spaces. Soter Technologies prioritizes a holistic approach to safety and security, offering tools that detect and deter threats without compromising privacy. Originally founded as Digital Fly in 2017 with a focus on social media awareness, the company has evolved significantly. It pioneered the FlySense Vaping & Elevated Sound Detector, the world's first system for detecting vaping and bullying in schools. More recently, Soter introduced SymptomSense, a technology designed to identify illness and protect critical facilities from potential carriers of viruses and other communicable diseases. Its innovative solutions have gained traction in educational institutions 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?

With a significant enterprise-level funding context and a recent strategic investment, Soter Technologies is poised for accelerated growth and market expansion. The company's focus on critical areas like public health detection and school safety positions it well within a growing market demand for advanced environmental monitoring. Future endeavors will likely involve scaling its technology deployment, further research and development into new detection capabilities, and forging strategic partnerships to broaden its reach. The company's trajectory suggests a move towards solidifying its position as a leader in environmental intelligence and safety solutions.

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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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