Sote
OperatingSote is a Nairobi-based African supply-chain-start-up which offers licensed tech-enabled customs clearing and forwarding service.
- Big Data
- Nairobi, Kenya
- Seed
- Founded 2018
- getsote.com ↗
- Total raised
- $7.8M
- disclosed
- Last round
- $4M
- Seed
- Rounds
- 5
- since 2018
- Investors
- 14
- on record
- Employees
- 11-50
About Sote
Sote is a Nairobi-based African supply-chain-start-up which offers licensed tech-enabled customs clearing and forwarding service. Sote is building the digital logistics infrastructure for Africa. Our mission is to grow the GDP of the continent by facilitating growth of trade. We aim to provide a combination of ERP solutions, underwriting models, and software driven supply chain services across the continent. We are the first to market with a licensed digital customs clearing and forwarding solution, introducing visibility and transparency to industrial importers and exporters in Africa.
Sote funding5 rounds
All 5 rounds →Sote has raised $7.8M across 5 disclosed rounds. The latest is a $4M Seed announced 20 Jan 2022, led by Social Capital.
- $150KConvertible NoteConvertible Note, $150K, $150K raised to date
- $400KConvertible NoteConvertible Note, $400K, $550K raised to date
- $205KConvertible NoteConvertible Note, $205K, $755K raised to date
- $3MSeedSeed, $3M, $3.8M raised to date
- $4MSeedSeed, $4M, $7.8M raised to date
SLA Funding Index · grey is capital raised before each round
Who has invested in Sote
| Announced | Round | Lead · investors | Amount |
|---|---|---|---|
| 20 Jan 2022 | Sote Seed | Social Capital +4 | $4M |
| 12 Nov 2020 | Sote Seed | MaC Venture Capital +5 | $3M |
| 16 Jan 2020 | Sote Convertible Note | Liz Dunn & Dorion Carroll Adolco +2 | $205K |
| 01 Mar 2019 | Sote Convertible Note | Unshackled Ventures +2 | $400K |
| 18 Jan 2018 | Sote Convertible Note | Unshackled Ventures +1 | $150K |
Sote founders & team
Full team →- Meka Este-McDonaldCo-Founder
- Felix OrwaCEO and Co-founder
- Scott YackoCTO
Sote competitorssame sector · similar funding
- Asoko InsightNairobi, Kenya
- OZÉAccra, Ghana
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Frequently asked about Sote
- Where is Sote based and when was it founded?
- Sote is headquartered in Nairobi, Kenya and was founded in 2018.
- Who founded Sote?
- Sote was founded by Meka Este-McDonald (Co-Founder) and Felix Orwa (CEO and Co-founder).
- Who is the CEO of Sote?
- Felix Orwa is Sote's CEO and Co-founder.
- How much funding has Sote raised?
- Sote has raised $7.8M across 5 disclosed rounds. Its latest, a $4M Seed, was announced on Jan 20, 2022.
- Who has invested in Sote?
- Backers include Social Capital, Justin Saslow, Harry Hurst, MaC Venture Capital and 10 others.
- What sector is Sote in?
- Sote operates in Big Data, Freight Service and Logistics.
