Sofar Ocean Overview

  • Founded
  • 2016
Founded
  • Status
  • Private
  • Employees
  • 48
Employees
  • Latest Deal Type
  • Series B
  • Latest Deal Amount
  • $39.1M
Latest Deal Amount
  • Investors
  • 12

Sofar Ocean General Information

Description

Operator and Owner of an open ocean sensor network intended to provide critical real-time insights. The company's open ocean sensor network provides data-driven insights to science, society and industry, powering applications for customers across industries from shipping and government to environmental research and more in order to demystify the world's oceans.

Contact Information

Formerly Known As
OpenROV, Spoondrift, Spoondrift Technologies
Ownership Status
Privately Held (backing)
Financing Status
Venture Capital-Backed
Primary Industry
Electronic Equipment and Instruments
Primary Office
  • Pier 50, Shed B
  • Bulkhead Office
  • San Francisco, CA 94158
  • United States
+1 (415) 000-0000

Sofar Ocean Timeline

2019202020212022
Financing RoundCaptured Employee CountEstimated Employee Growth
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Sofar Ocean Valuation & Funding

Deal Type Date Amount Raised to Date Post-Val Status Stage
4. Later Stage VC (Series B) 01-Oct-2021 $39.1M 000.00 00000 Completed Generating Revenue
3. Early Stage VC (Series A) 28-Mar-2019 000 00.000 0000 Completed Startup
2. Merger of Equals 06-Feb-2019 $450K Completed Startup
1. Seed Round 13-Oct-2016 $450K $450K 00.000 Completed Startup
To view Sofar Ocean’s complete valuation and funding history, request access »

Sofar Ocean Cap Table

Stock # of Shares
Authorized
Par Value Dividend Rate ($) Original
Issue Price
Liquidation Liquidation
Pref. Multiple
Conversion Price % Owned
Series B-2 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 0.000
Series B-1 0,000,000 00.000000 00.00 00.00 00.00 00 00.00 00.000
Series A 12,444,017 $0.001000 $0.08 $1 $0.5 0x $1 28.91%
Seed 1,193,411 $0.001000 $0.04 $0.45 $0.45 1x $0.45 2.77%
To view Sofar Ocean’s complete cap table history, request access »

Sofar Ocean Comparisons

Description
Primary
Industry
HQ Location
Employees
Total Raised
Post Valuation
Last Financing Details
Operator and Owner of an open ocean sensor network intended to provide critical real-time insights. The company's open o
Electronic Equipment and Instruments
San Francisco, CA
48 As of 2021
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0000000000 000000000 000 00000000000
Sunnyvale, CA
000 As of 0000
000.00
0000 0000-00-00
000000&0 000.00

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0000000 000 00000000000 0000000000
Austin, TX
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00000000000 000.00
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Sofar Ocean Competitors (2)

Company Name Financing Status Location Employees Total Raised Last Financing Date/Type Last Financing Amount
Liquid Robotics Formerly VC-backed Sunnyvale, CA 000 000.00 000000&0 000.00
0000000000 Venture Capital-Backed Austin, TX 00 000.00 00000000000 000.00
You’re viewing 2 of 2 competitors. Get the full list »

Sofar Ocean Patents

Sofar Ocean Recent Patent Activity

Publication ID Patent Title Status First Filing Date Technology (CPC) Citations
US-10522941-B1 Waterproof single-conductor connection system Active 12-Dec-2018 00000000000 00
EP-3857271-A2 Ocean weather forecasting system Pending 26-Sep-2018 0000000000
US-20200209429-A1 Real-time metocean sensor arrays Pending 21-Mar-2017 00000000
US-20180275313-A1 Real-time metocean sensor arrays Granted 21-Mar-2017 00000000
US-10488554-B2 Real-time metocean sensor arrays Active 21-Mar-2017 G01W1/04 00
To view Sofar Ocean’s complete patent history, request access »

Sofar Ocean Executive Team (4)

Name Title Board Seat Contact Info
Tim Janssen Ph.D Co-Founder, Chief Executive Officer & President
Evan Shapiro Co-Founder & Chief Technology Officer
David Lang Co-Founder
Eric Stackpole Co-Founder
To view Sofar Ocean’s complete executive team members history, request access »

Sofar Ocean Board Members (1)

Name Representing Role Since
Peter Rive Dexterity Financial Chairman 000 0000
To view Sofar Ocean’s complete board members history, request access »

Sofar Ocean Signals

Growth Rate

0.80% Weekly
Growth
Weekly Growth 0.80%, 93rd %ile
-35.5%. 530%

Size Multiple

219x Median
Size Multiple 219x, 100th %ile
0.00x 0.95x. 413Kx

Key Data Points

Twitter Followers

5.5k

Similarweb Unique Visitors

15.0K

Majestic Referring Domains

314

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Sofar Ocean Investors (12)

Investor Name Investor Type Holding Investor Since Participating Rounds Contact Info
Foundry Group Venture Capital Minority 000 0000 000000 0
S2G Ventures Venture Capital Minority 000 0000 000000 0
Trousdale Ventures Venture Capital Minority 000 0000 000000 0
Union Square Ventures Venture Capital Minority 000 0000 000000 0
Craft Ventures Venture Capital Minority 000 0000 000000 0
You’re viewing 5 of 12 investors. Get the full list »

Sofar Ocean Acquisitions (2)

Company Name Deal Date Deal Type Deal Size Industry Lead Partner
0000000 06-Feb-2019 0000000000 Electronics (B2C) 00000 000
Spoondrift 06-Feb-2019 Merger/Acquisition Other Hardware
To view Sofar Ocean’s complete acquisitions history, request access »