# Soteris

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/soteris

- Industry: Software
- Headquarters: Glen Allen, US
- Website: www.soteris.ai
- Total disclosed funding: $8M
- Latest round: Seed (Sep 22, 2026)
- Investors on record: 8

## About

Based in San Francisco, US, and founded in 2018, Soteris Inc., provides innovative machine learning-based solutions for auto insurance underwriting. The company was founded by Sunit Shah (CEO). In September 2026, Soteris Inc., raised USD 8 million in seed funding led by Spider Capital, with participation from Intact Private Capital, Amplify Partners, DCVC, Webb Investment Network, Overlook Ventures, Clocktower Ventures and Foundation Capital.

Soteris Inc., offers a comprehensive machine learning-based auto insurance underwriting solution that enhances risk selection and profitability for insurers. Its core product is a Software as a Service (SaaS) platform that allows insurers to accurately assess and quote individual policies at the point of sale. By utilizing policy-level intelligence that surpasses traditional data methods, Soteris integrates seamlessly with existing systems, enabling implementation within four months and helping insurers to better manage their risk portfolios.

Soteris Inc., operates on a subscription-based revenue model, charging insurance companies based on their operational scale and specific service features. Clients subscribe to access the platform's capabilities for an agreed fee, which includes ongoing support and updates. This pricing flexibility allows a diverse range of insurers to incorporate Soteris's technology into their underwriting processes, ultimately promoting more effective risk management and enhancing revenue potential.

## Funding rounds

- Seed, Sep 22, 2026, $8M — Foundation Capital, Webb Investment Network, DCVC, Amplify Partners, Spider Capital, Clocktower Ventures, Overlook Ventures, Intact Private Capital

## Investors

- Foundation Capital (https://capitalatlas.ai/funds/foundation-capital) — Seed
- Webb Investment Network (https://capitalatlas.ai/funds/webb-investment-network) — Seed
- DCVC (https://capitalatlas.ai/funds/dcvc) — Seed
- Amplify Partners (https://capitalatlas.ai/funds/amplify-partners) — Seed
- Spider Capital (https://capitalatlas.ai/funds/spider-capital) — Seed
- Clocktower Ventures (https://capitalatlas.ai/funds/clocktower-ventures) — Seed
- Overlook Ventures (https://capitalatlas.ai/funds/overlook-ventures) — Seed
- Intact Private Capital (https://capitalatlas.ai/funds/intact-private-capital) — Seed