Tech Company Financing Transactions
Sotira Funding Round
K5 Global, Night Capital and Ritual Capital participated in a $2 million Seed funding round for Sotira. The funding round was recorded on 2/4/2025.
Transaction Overview
Company Name
Announced On
2/4/2025
Transaction Type
Venture Equity
Amount
$2,000,000
Round
Seed
Proceeds Purpose
Sotira plans to use the new funding to expand its operations nationally, specifically in the Midwest and southeast.
Company Information
Company Status
Private & Independent
Industry
Transportation
Mailing Address
Undisclosed
San Francisco, CA 94104
USA
San Francisco, CA 94104
USA
Phone
Undisclosed
Website
Email Address
Overview
We built Sotira to enable instant commerce companies to offload and monetize their surplus inventory. Our team operated our own businesses for years and joined forces to solve a problem that many suppliers in the industry face: deciding what to do with surplus inventory, especially perishable products.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amrita Bhasin
Chief Technical Officer
Gary Kwong
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Where The Data Comes From
We report on funding rounds that are announced publicly. All VC database entries on this site are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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