Fundraising Fox

Sofar Ocean

San Francisco, US · Delaware corporation · 8 known investors

sofarocean.com ↗

Sofar operates an ocean monitoring network and analytics platform serving maritime shipping companies and marine researchers. The company operates Spotter, a network of ocean sensors for data collection, and Wayfinder, a voyage optimization platform that helps shipping companies reduce fuel consumption and emissions by 4-9%.

CleantechClimate TechData & InfrastructureDeep TechHealthtechIoT

Founders & leadership

TJTim Janssen, PhD
Tim Janssen, PhDinCo-Founder and CEO
TJTim Janssen
Tim JanssenCo-founder
ESEvan Shapiro
Evan ShapiroinChief R&D Officer

Board

JCJon Callaghan
Jon Callaghanin𝕏Board directorFounder and Venture Capitalist in Palo Alto, CA
RMRyan McIntyre
Ryan McIntyrein𝕏Board directorFounding partner of Foundry
PRPeter Rive
Peter RiveChairman
AP
Anke PierikBoard director
WL
Willilam LockeBoard director

Investors · 8

FoundryBoulder · $250K – $15M
In-Q-TelTysons · $100K – $2.5M
JovonoCalifornia · $50K – $3M
Ocean 14 Capital
Trousdale VenturesWest Hollywood · $1M – $5M
Union Square Ventures (USV)New York City · $1M – $8M
S2G InvestmentsreportedChicago · $1M – $5M
True VenturesreportedSan Francisco · $500K – $3Mvia Jon Callaghan · board

Reported raises · per SEC filings

Form D private placements

$78.5M disclosed across 5 rounds · 2016–2024

▶$22.3MraisedFeb 2025 · 11 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jon CallaghanDirector
  • Ryan McIntyreDirector
  • Tim JanssenExecutive Officer, Director
  • Peter RiveDirector
  • Evan ShapiroExecutive Officer, Director
Offering amount
$22.3M
Amount sold
$22.3M
First sale
Nov 2024
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$5MraisedOct 2023 · 5 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Ryan McIntyreDirector
  • Peter RiveDirector
  • Jon CallaghanDirector
  • Tim JanssenExecutive Officer, Director, Promoter
  • Evan ShapiroExecutive Officer, Director
Offering amount
$6M
Amount sold
$5M
First sale
Sep 2023
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$39.3MraisedAug 2022 · 17 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Jon CallaghanDirector
  • Peter RiveDirector
  • Tim JanssenExecutive Officer, Director
  • Lindel EakmanDirector
  • Evan ShapiroExecutive Officer, Director
Offering amount
$39.3M
Amount sold
$39.3M
First sale
Oct 2021
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$11.5MraisedApr 2019 · 18 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Tim JanssenExecutive Officer, Director
  • Peter RiveDirector
  • Jon CallaghanDirector
  • Eric StackpoleDirector
Offering amount
$11.5M
Amount sold
$11.5M
First sale
Feb 2019
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗
▶$350KraisedOct 2016 · 1 investors · Other Health Care
Rule 506(b)
Officers, directors & promoters on the filing
  • Tim JanssenExecutive Officer, Director
  • Anke PierikDirector
  • Willilam LockeDirector
Offering amount
$450K
Amount sold
$350K
First sale
Oct 2016
Incorporated
Corporation, Delaware, 2016
Federal exemptions
06b
Full filing on SEC EDGAR ↗

Source: SEC EDGAR Form D. Amounts as filed; amended filings shown once at their latest values.

Competitors · 1

by search overlap
Lumen328 shared keywordsLumen Learning provides courseware and teaching tools built on open educational resources (OER) for higher education, aimed at faculty and students. Its products support course delivery, faculty professional development, and student-centered learning in colleges and universities.

Companies competing with Sofar Ocean for the same Google search keywords, organic and paid, via search-intersection analysis.

In the news

Sofar Ocean Secures $39 Million Series B to Expand Global Ocean Intelligence and Climate Insights - Fundraise Insiderfundraiseinsider.com · Jan 2025Sofar nets a $39M round B to grow its ocean-monitoring autonomous buoy network | TechCrunchtechcrunch.com · Nov 2021As Climate Change Impacts Major Industries Globally, Sofar Ocean Secures $39M Series B to Accelerate its Ocean Intelligence Platform to Drive Climate Mitigation and Adaptationprnewswire.com · Nov 2021Sofar Ocean Secures $39M in Series B Funding - FinSMEsfinsmes.com · Nov 2021

Frequently asked questions

What does Sofar Ocean do?
Sofar operates an ocean monitoring network and analytics platform serving maritime shipping companies and marine researchers. The company operates Spotter, a network of ocean sensors for data collection, and Wayfinder, a voyage optimization platform that helps shipping companies reduce fuel consumption and emissions by 4-9%.
Who founded Sofar Ocean?
Sofar Ocean was founded by Tim Janssen, PhD, Tim Janssen.
Who are Sofar Ocean's investors?
Sofar Ocean's investors include Foundry, In-Q-Tel, Jovono, Ocean 14 Capital, Trousdale Ventures, Union Square Ventures (USV), S2G Investments, True Ventures.
How much funding has Sofar Ocean raised?
Sofar Ocean has disclosed $78.5M raised across 5 rounds.
Where is Sofar Ocean headquartered?
Sofar Ocean is headquartered in San Francisco, US.