# Sothic Bioscience

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sothic-bioscience

- Industry: Biotechnology
- Headquarters: Cork, Ireland
- Website: www.sothic.strikingly.com
- Total disclosed funding: $0.1M
- Latest round: Seed (Apr 30, 2015)
- Investors on record: 1

## About

Sothic Bioscience Limited develops innovative technological solutions tailored to enhance operational processes for businesses, primarily within logistics, retail, and supply chain management sectors.Founded in 2015 in Cork, Ireland, Sothic Bioscience Limited specializes in advanced technological solutions aimed at optimizing inventory management and order fulfillment. The company has secured USD 0.05 mn in SEED funding from SOSV as its only investment target to date.Sothic provides a range of innovative products and services designed to address specific challenges within their target markets. Their core offerings focus on advanced technological solutions that streamline operational processes for businesses, enhancing efficiency and productivity. These solutions cater primarily to industries such as logistics, retail, and supply chain management, where they help clients optimize inventory management and improve order fulfillment. Sothic's products have been released over the past few years, with subsequent updates and features that cater to evolving client needs. The company's customer base includes both small to medium-sized enterprises and larger corporations across North America and Europe, who rely on Sothic's technology to enhance their operational capabilities and customer satisfaction.Sothic generates revenue through a structured transaction model that includes subscription services and partnerships with businesses in various sectors. Clients typically engage in annual or monthly subscription agreements, allowing them access to Sothic’s suite of products and continuous software updates. Specific pricing plans are tailored to the size and needs of the client, often involving tiered pricing based on usage or volume of services utilized. Notably, flagship products are positioned to provide significant value, leading to long-term relationships with customers who benefit from enhanced operational efficiencies. The company’s revenue structure is designed to ensure consistent cash flow through recurring payments, which supports ongoing development and customer support initiatives.In April 2015, Sothic Bioscience Limited raised USD 0.05 mn of SEED financing from SOSV to support its future growth initiatives. The company is focusing on developing new products aimed at enhancing its service offerings, with an anticipated launch expected within the next 12 months. Additionally, Sothic plans to expand its reach into new geographic markets across Europe and North America by the end of 2024, aiming to increase its customer base and revenue streams.

## Funding rounds

- Seed, Apr 30, 2015, $0.1M — SOSV

## Investors

- SOSV (https://capitalatlas.ai/funds/sosv) — Seed