About this raise
Sotero, with a valuation of $28 million, is raising funds on OurCrowd through Reg D 506(c) raise. The company provides data security services and enables customers to use and share their data in an encrypted state. The platform gives companies control over the privacy, compliance, auditability, and governance of their data and ensures sensitive data is always protected. The Sotero Data Security Platform secures not only the application or database where the data resides but also the actual data. Purandar Das and Shanthi Boppana founded Sotero in 2017. The current crowdfunding campaign has a minimum target of $11,200 and a maximum target of $90,000. The campaign proceeds will be used for growth and expansion.
Investment Overview
Invested $92,140 :
Deal Terms
- Platform
- OurCrowd
- Start Date
- 09/29/2024
- Close Date
- 12/12/2024
$11,200
$90,000
$11,200
Convertible Note
Early Stage
RegD 506(c)
$28,000,000
0%
Company & Team
Company
- Year Founded
- 2017
- Industry
- Security, Cybersecurity, & Defense
- Tech Sector
- Location
- Burlington, Massachusetts
- Company Website
-
Visit Website
Team
Financials
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