Fundraising Fox

Soteris

YC S19

San Francisco, US · Founded 2018 · Delaware corporation · 4 employees · 3 known investors

Soteris provides real-time, policy-level pricing precision software for property and casualty insurers to optimize underwriting and pricing decisions. The platform helps insurers balance growth with profitability by identifying adequately priced risks and integrating into existing underwriting workflows.

Also known as Inc.

AI & Machine LearningFintechInsurTechMachine LearningAIUnited States of AmericaAmerica / Canada

Founders & leadership· Y Combinator alumni (S19)

Soteris was founded in 2018 by Sunit Shah.

SSSunit Shah
Sunit ShahinFounderSunit Shah spent six years developing pricing models for life insurance starting in 2005, then worked at Pine River Capital building a property and casualty insurance operation. He holds a Ph.D. in Economics from the University of Virginia and has published research on behavioral finance and principal-agent problems; he has also worked at the Boston Consulting Group and taught at UVA.
MC
Minsoo ChiNamed on SEC filing

Investors · 3

Reported raises · per SEC filings

Form D private placements

$8M disclosed across 1 round · 2025

$8MraisedJul 2025 · 38 investors · Other Technology
Rule 506(b)
Officers, directors & promoters on the filing
  • Sunit N ShahExecutive Officer, Director
  • Minsoo ChiDirector
Offering amount
$9.4M
Amount sold
$8M
First sale
Jun 2025
Incorporated
Corporation, Delaware
Federal exemptions
06b
Full filing on SEC EDGAR ↗

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

In the news

Frequently asked questions

What does Soteris do?
Soteris provides real-time, policy-level pricing precision software for property and casualty insurers to optimize underwriting and pricing decisions. The platform helps insurers balance growth with profitability by identifying adequately priced risks and integrating into existing underwriting workflows.
Who founded Soteris?
Soteris was founded by Sunit Shah in 2018.
Who are Soteris's investors?
Soteris's investors include Clocktower Ventures, Webb Investment Network, Y Combinator.
How much funding has Soteris raised?
Soteris has disclosed $8M raised across 1 round.
Where is Soteris headquartered?
Soteris is headquartered in San Francisco, US.