Financials

Estimates*

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Revenues, earnings & profits over time
EUR2017201820192020202120222023
Revenues<1m<1m1.6m<1m<1m<1m<1m
% growth(29 %)145 %69 %(91 %)(18 %)81 %12 %
EBITDA(<1m)<1m<1m(<1m)(<1m)(<1m)-
% EBITDA margin(16 %)39 %22 %(274 %)(362 %)(397 %)-
Profit(<1m)<1m<1m(<1m)(<1m)(1.1m)-
% profit margin(59 %)18 %8 %(401 %)(561 %)(550 %)-
R&D budget<1m1.0m2.0m<1m---
R&D % of revenue129 %105 %124 %214 %---

Source: Dealroom estimates

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DateInvestorsAmountRound

€150k

Early VC

N/A

Grant

€120k

Early VC

€50.0k

Grant

€200k

Seed

€3.0m

Late VC
Total FundingAUD6.0m

Recent News about Sofi Filtration

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Sofi Filtration is a cutting-edge startup specializing in advanced water filtration technology. The company has developed a patented self-cleaning microfiltration system, known as the Sofi Filter, which effectively treats large volumes of water containing fine particles that are difficult to manage with traditional methods. This innovative technology eliminates the need for filter changes and chemicals, offering a high-capacity solution for wastewater treatment.

Sofi Filtration primarily serves industrial clients in sectors such as manufacturing, mining, and municipal water treatment. The company operates in the global market, with a particular focus on Singapore and South Asia, where it aims to address significant wastewater treatment challenges. The startup has also been recognized by the National Institutes of Health (NIH) SSG Water Waste Food virtual Entry Programme 2021, highlighting its potential impact on the environmental industry.

The business model of Sofi Filtration revolves around the commercialization of its proprietary filtration system. The company generates revenue by selling and licensing its Sofi Filter technology to industrial clients who require efficient and sustainable water treatment solutions. Additionally, Sofi Filtration offers maintenance and support services to ensure optimal performance of its systems.

Sofi Filtration's leadership team includes experienced professionals like Dr. Steve Gluck, who oversees global Research and Development and North American operations. The company also recently welcomed Shandra Pandey as a Technical Marketing Specialist, further strengthening its sales and marketing efforts.

In summary, Sofi Filtration is a technology-driven company providing innovative wastewater treatment solutions to industrial clients, with a strong focus on sustainability and efficiency.

Keywords: water filtration, wastewater treatment, self-cleaning technology, microfiltration, industrial clients, sustainability, high capacity, global market, patented technology, innovative solutions.

Tech stack

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Tech stackLearn more about the technologies and tools that this company uses.