Sote

📍 Palo Alto, United States🗓 Founded 2019👥 59 employees💰 Last funded Oct 2020
Financial Services🌐 sote.com
Website LinkedIn
Sote: Empowering African Trade with Data-Driven Solutions. At Sote, we are a data-first company empowering the growth of African businesses. Our mission is to bridge the $150 billion trade finance gap within the $400B industry, hampered by a lack of credible trade data. We eliminate traditional reliance on real-estate collateral by offering reliable credit, risk management, and business intelligence. By leveraging advanced technology, Sote seamlessly fuses three distinct domains: Trade Finance, Data, and Logistics. Our logistics solutions streamline supply chains and provide real-time visibility, while acting as an automated primary-trade-data mining engine. This overcomes the limitations of real-estate collateral, championing cash flow and supply chain financing. Renowned banks trust Sotes solution for credit analysis, business intelligence, and real-time supply chain visibility, reducing and managing risk akin to Moodys insights. For traders and manufacturers, Sote paves the way for scalable cash flow-based trade finance facilities through our innovative collateralization solutions. Welcome to a new era of African trade, powered data. Sote: Swahili for all of us
6
Total investors
6
Early stage
0
Mid stage
0
Late stage
2019
Founded

Investors

6 investors
All
Early stage
Mid stage
Late stage
Investor geography2 countries
United States
5
Nigeria
1
Investor activity2017–2020 · investors recorded per year
201712019120204
Recent (last 2y)Earlier
Frequently asked questions
Who invested in Sote?
Sote has 6 investors on record on gritt.io, including 6 early-stage backers.
When did Sote last raise funding?
The most recent investment in Sote recorded on gritt.io was in October 2020.
When was Sote founded?
Sote was founded in 2019.
What industry is Sote in?
Sote operates in Financial Services. Find similar Financial Services investors on gritt.io.
Where is Sote based?
Sote is headquartered in Palo Alto, United States.