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
Sote funding and investors
Sote has raised $7.8M across 5 disclosed rounds. The latest is a $4M Seed announced 20 Jan 2022, led by Social Capital.
- Lead investors
- 4
- Largest round
- $4M
- Average round
- $1.6M
- disclosed rounds
- Round cadence
- 12 mo
- average gap
- $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
Sote funding rounds5 · newest first
- Seed$4M
20 Jan 2022 · led by Social Capital
- Seed$3M
12 Nov 2020 · led by MaC Venture Capital
- Convertible Note$205K
16 Jan 2020 · led by Liz Dunn & Dorion Carroll Adolco
- Convertible Note$400K
01 Mar 2019 · led by Unshackled Ventures
- Convertible Note$150K
18 Jan 2018 · led by Unshackled Ventures
| Announced | Round | Lead · other investors | Amount |
|---|---|---|---|
| 20 Jan 2022 | Seed | Social Capital · Justin Saslow, Harry Hurst, MaC Venture Capital, K50 Ventures | $4M |
| 12 Nov 2020 | Seed | MaC Venture Capital · Acceleprise, Backstage Capital, Future Africa, Raghav Gupta, Rob Solomon | $3M |
| 16 Jan 2020 | Convertible Note | Liz Dunn & Dorion Carroll Adolco · Acceleprise, Sandy Kory | $205K |
| 01 Mar 2019 | Convertible Note | Unshackled Ventures · Consonance Investment Managers, Liz Dunn & Dorion Carroll Adolco | $400K |
| 18 Jan 2018 | Convertible Note | Unshackled Ventures · Liz Dunn & Dorion Carroll Adolco | $150K |
Investors in Sote14 · leads first
| Investor | Role | Rounds | First |
|---|---|---|---|
| Unshackled VenturesVenture Capital | Lead in all 2 | Convertible Note | Jan 2018 |
| Liz Dunn & Dorion Carroll AdolcoPrivate Equity | Lead in 1 of 3 | Convertible Note | Jan 2018 |
| MaC Venture CapitalVenture Capital | Lead in 1 of 2 | Seed | Nov 2020 |
| Social CapitalVenture Capital | Lead | Seed | Jan 2022 |
| AccelepriseSeed Fund | Participant | Convertible Note, Seed | Jan 2020 |
| Consonance Investment ManagersImpact Investor | Participant | Convertible Note | Mar 2019 |
| Sandy KoryPrivate Equity | Participant | Convertible Note | Jan 2020 |
| Backstage CapitalVenture Capital | Participant | Seed | Nov 2020 |
| Future AfricaVenture Capital | Participant | Seed | Nov 2020 |
| Raghav GuptaPrivate Equity | Participant | Seed | Nov 2020 |
| Rob SolomonImpact Investor | Participant | Seed | Nov 2020 |
| Justin SaslowPrivate Equity | Participant | Seed | Jan 2022 |
| Harry HurstPrivate Equity | Participant | Seed | Jan 2022 |
| K50 VenturesVenture Capital | Participant | Seed | Jan 2022 |
Frequently asked about Sote
- 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.
Profile updated Source: SLA Startup IndexHow we count →
