- Companies
- Soterea
Soterea Valuation, Funding & Investors
Soterea is valued at $1.4B as of March 2022.
Last Soterea valuation
$1.4B
Series B · Mar 2022
Last Soterea funding round
$205M
Series B · Mar 2022
Cumulative funding Soterea raised
$205M
across 1 funding round
Key investors in Soterea
Harvest Fund Management
Ping An Capital
SK China
Henan Investment Group
About Soterea
Soterea creates intelligent driving assistance systems for commercial vehicles from its Tianjin, China headquarters, established in 2014. Software integrates sensors and algorithms for autonomous navigation, collision avoidance, and fleet management in logistics applications.
Founded
2014
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Licensing, Subscription
Valuation
$1.4B (Mar 2022)
Soterea Valuation
Soterea is currently valued at $1.4B, based on its Series B in March 2022.
The $205M round was led by Ping An Capital, with participation from SK China, Harvest Fund Management and Henan Investment Group.
Soterea valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Mar 2022 | Series B | $1.4B |
Soterea Funding History
Soterea has raised a total of $205M across 1 funding round.
Soterea funding rounds
| Date | Stage | Investors | Raised | Valuation |
|---|---|---|---|---|
| Mar 2022 | Series B | Ping An Capital (lead); SK China; Harvest Fund Management; Henan Investment Group | $205M | $1.4B |
Who has invested in Soterea?
4 investors have backed Soterea across its funding rounds, including Harvest Fund Management, Ping An Capital, SK China and Henan Investment Group.
Lead investors include Ping An Capital.
Soterea Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
| 1 | Lead | Mar 2022 | ||
| 1 | Participant | Mar 2022 | ||
This data is available for Pro users. Sign up to see all 4 Soterea investors. Start Free Trial | ||||
Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
Sign up to see data on 350K+ funding rounds and disclosed revenue and EBITDA valuation multiples, from seed, through growth stage, to pre-IPO.
Start Free TrialSoterea Competitors
Soterea competitors include listed companies like WeRide and Aeva, and private ones like Luminar, Hong Jing Drive, MAXIEYE and NASN Automotive Electronics.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $102M | ($257M) | $1.9B | 8.3x | ||
| Publicly listed | $18M | ($139M) | $1.1B | 35.6x | ||
| Private | $13M | - | $900M | 69.2x | ||
| Private | - | - | $4.3B | - | ||
| Private | - | - | $447M | - | ||
| Private | - | - | $400M | - |
Soterea Public Comps
Soterea is still privately-owned, but its public comps include Zwsoft, Eacon Group, Cidi, KPIT Technologies, HL Mando, Droneshield, Red Cat Holdings, Aeva, Vitec Software and Pateo Connect Tech.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $133M | $12M | 7.4x | 6.9x | 79.9x | 49.1x | |||
| $214M | ($33M) | 6.6x | - | (42.5x) | - | |||
| $132M | ($155M) | 8.8x | 5.0x | (7.5x) | (22.7x) | |||
| $673M | $128M | 2.3x | 2.2x | 11.8x | 11.3x | |||
| $6.9B | $486M | 0.4x | 0.4x | 5.7x | 5.0x | |||
| $154M | $3M | 6.7x | 5.8x | 321.0x | (254.5x) | |||
| $41M | ($72M) | 19.0x | 6.6x | (10.7x) | (8.8x) | |||
| $18M | ($139M) | 54.7x | 35.6x | (7.1x) | (8.7x) | |||
This data is available for Pro users. Sign up to see all Soterea competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Soterea
| When was Soterea founded? | Soterea was founded in 2014. |
| Where is Soterea headquartered? | Soterea is headquartered in Tianjin, China. |
| Is Soterea publicly listed? | No, Soterea is a private, VC-backed company. |
| What is Soterea's valuation? | Soterea was last valued at $1.4B in its Series B in March 2022. |
| How much funding has Soterea raised? | Soterea has raised $205M across 1 funding round. |
| What was Soterea's last funding round? | Soterea's last funding round was a $205M Series B in March 2022, led by Ping An Capital. |
| Who are Soterea's investors? | Soterea's investors include Ping An Capital, SK China, Harvest Fund Management and Henan Investment Group. |
| Which companies are comparable to Soterea? | Companies comparable to Soterea include WeRide, Aeva, Luminar, Hong Jing Drive, MAXIEYE and NASN Automotive Electronics. |
See companies similar to Soterea
Start Your
Free Trial Today
Try Multiples for free for 3 days. Got questions or need a demo? Schedule a call with us below.




