Insights

Trade Finance Fit Sote positions itself as a Moody's-like data platform for African banks to underwrite trade finance for corporates and SMEs using proprietary trade data, presenting a clear opportunity to sell data analytics, risk scoring, and collateral optimization solutions to banks expanding regional lending.

Growth and Revenue With annualized revenue of 7.2 million and GMV exceeding 20 million monthly, Sote demonstrates a scalable traction model and solid market demand, signaling potential to upsell advanced analytics, premium dashboards, or expanded coverage across more markets and product lines.

Fintech Collaboration The company operates two core solutions, Sote Logistics and Sote Capital, underscoring a cross-sell opportunity to integrate complementary services such as fintech partnerships, collateral optimization, and trade data monetization for banks seeking end-to-end trade finance workflows.

Funding and Validation Raised 10 million from notable venture backers and achieved a multi-disciplinary team, indicating investor confidence and a proven product-market fit, which can be leveraged to approach potential co-investors, strategic partners, or customers seeking proven middleware for risk-based lending.

Market Need The mission to reduce reliance on real estate collateral while unlocking a 100B trade loan deficit highlights a strong sustainability-driven growth narrative, creating sales angles for ESG-aligned financial products, capacity-building partnerships, and risk-adjusted lending solutions for banks expanding SME coverage.

Similar companies to Sote

Sote Tech Stack

Sote uses 1 technology products and services including Afternic, and more. Explore Sote's tech stack below.

  • Afternic
    E-commerce

Media & News

Sote's Email Address Formats

Sote uses at least 3 email formats:
Sote Email FormatsExamplePercentage
First.Last@getsote.comJohn.Doe@getsote.com
84%
First@getsote.comJohn@getsote.com
10%
First.Middle@getsote.comJohn.Michael@getsote.com
6%

Frequently Asked Questions

What is Sote's stock symbol?

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Sote is a publicly traded company; the company's stock symbol is SHC.

What is Sote's official website and social media links?

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Sote's official website is sote.com and has social profiles on LinkedIn.

How much revenue does Sote generate?

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As of September 2026, Sote's annual revenue is estimated to be $10M - $25M.

What is Sote's NAICS code?

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Sote's NAICS code is 52 - Finance and Insurance.

How many employees does Sote have currently?

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As of September 2026, Sote has approximately 76 employees across 5 continents, including North America, Europe and Africa. Key team members include Consultant - Head Of Inland Logistics. Inbound And Outbound Strategy Operations: H. L., Transport Supervisor: T. A. and Engineering Manager: S. K. Explore Sote's employee directory with LeadIQ.

What industry does Sote belong to?

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Sote operates in the Financial Services industry.

What technology does Sote use?

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Sote's tech stack includes Afternic.

What is Sote's email format?

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Sote's email format typically follows the pattern of First.Last@getsote.com. Find more Sote email formats with LeadIQ.

How much funding has Sote raised to date?

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As of September 2026, Sote has raised $10M in funding. The last funding round occurred on Dec 15, 2022.

When was Sote founded?

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Sote was founded in 2019.
Sote logo

Sote

Financial ServicesCalifornia, United States51-200 Employees

Sote is a mid-sized financial services technology company based in Palo Alto, California, that uses proprietary trade data to support banks and other financial institutions in lending to corporates and small- and medium-sized enterprises. Its platform provides data-driven credit analytics across the trade finance lifecycle, with the aim of reducing reliance on real estate collateral. The offering centers on two core solutions, Sote Logistics and Sote Capital, which together convert trade data into lending decisions.

Sote positions itself as a tool to expand access to trade finance across Africa, designing a Moody's-like analytic framework for African lenders. It enables banks and financial institutions to make high-value credit decisions, typically in the range of $250k to $10m, using data from the Sote Capital dashboard and collateralization systems. The name Sote is Swahili for all of us, reflecting the collective focus of the team.

Section iconCompany Overview

Website
sote.com
Stock Symbol
SHC
NAICS Code
52 - Finance and Insurance
Founded
2019
Employees
51-200

Section iconFunding & Financials

  • $10M

    Sote has raised a total of $10M of funding over 6 rounds. Their latest funding round was raised on Dec 15, 2022 as a Convertible Note.

  • $10M - $25M

    Sote's revenue is estimated to be in the range of $10M - $25M

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