# Sonitus Technologies

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sonitus-technologies

- Industry: Telecoms
- Headquarters: San Mateo, US
- Website: www.sonitustechnologies.com
- Total disclosed funding: $12M
- Latest round: Series C (Jan 6, 2017)
- Investors on record: 4

## About

Sonitus Technologies, Inc., based in the US, specializes in innovative communication solutions, notably through its flagship product, the Molar Mic, which enhances voice connectivity and situational awareness in critical environments.Founded in 2010 in San Mateo, US, Sonitus Technologies, Inc. focuses on advanced communication solutions. The company recently underwent an acquisition in October 2021 by iT2, which aims to foster further innovation of its technologies. The founder has a notable background in technology development, having previously been involved in related ventures. Sonitus has raised a total of USD 5.00 mn through its Series C funding round, which was led by investors including Apple Tree Partners, Mainstay Medical Holdings Plc, Panasonic Venture Group, and RWI Ventures, resulting in a current company valuation of USD 44.396 mn.Sonitus Technologies specializes in advanced communication solutions, with its flagship product, the Molar Mic, serving as the core offering. This innovative personal communications device is designed to be easily attached to the back teeth, creating a wireless audio interface that eliminates the need for conventional ear pieces, microphones, and wires. By leveraging near-field magnetic induction (NFMI) technology, the Molar Mic facilitates unbroken two-way voice connectivity, making it suitable for high-stakes environments such as defense, public safety, and aerospace. The device enhances situational awareness and comfort by decoupling the communication solution from protective gear, thereby catering to users who require reliable and hands-free communication in extreme noise conditions. Sonitus has been engaged in field testing with the U.S. Air Force, indicating a focus on military applications, while also targeting sectors including oil & gas and power industries. The company serves a diverse client base that includes government agencies, private defense contractors, and public safety organizations across North America and allied nations.Sonitus Technologies generates revenue through the sale of its Molar Mic and associated communication systems, primarily adopting a B2B transaction model. The company engages in direct sales to government entities and commercial partners, with potential opportunities for long-term contracts that ensure continuous supply for ongoing projects. The transaction structure may involve partnerships with military and public safety organizations, ensuring the seamless integration of Sonitus products into existing communication frameworks. Given the advanced technology and unique positioning, the company commands premium pricing for its solutions, reflective of the critical nature of the end-use applications. The Molar Mic, being at the forefront of their offerings, plays a pivotal role in driving revenue through its strategic placement in both defense and commercial markets, establishing Sonitus as a key player in the wearable communication technology space.Sonitus Technologies intends to further its growth by focusing on the launch of new products, including enhanced versions of the Molar Mic, and exploring additional markets in defense, aerospace, and public safety sectors. The company plans to expand its operations into European and Asian markets by 2023. The recent funding from the Series C round will support these initiatives, particularly in technology development and market entry strategies. The acquisition by iT2 aims to catalyze these advancements, promoting the innovation of Sonitus's technologies to meet evolving communication needs.

## Funding rounds

- Series C, Jan 6, 2017, $5M — Apple Tree Partners, RWI Ventures, Panasonic Venture Group, Mainstay Medical Holdings Plc
- Series C, Mar 7, 2016, $6.8M — Panasonic Venture Group

## Investors

- Panasonic Venture Group (https://capitalatlas.ai/funds/panasonic-venture-group) — Series C
- Apple Tree Partners (https://capitalatlas.ai/funds/apple-tree-partners) — Series C
- RWI Ventures (https://capitalatlas.ai/funds/rwi-ventures) — Series C
- Mainstay Medical Holdings Plc — Series C
