Sortera Technologies Overview
- Year Founded
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2020
- Status
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Private
- Employees
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66
- Latest Deal Type
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Series C
- Latest Deal Amount
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$87M
- Investors
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13
Sortera Technologies General Information
Description
Developer of a sorting system designed to reuse metals recovered from end-of-life products. The company's system sorts metal by type and alloy composition through a combination of X-radiation fluorescence, optical sensor fusion, artificial intelligence, and machine learning image processing, enabling companies to sort metal alloys and produce valuable feedstocks for domestic manufacturing.
Contact Information
Website
www.sorteratechnologies.comCorporate Office
- 49 South 500 East
- Markle, IN 46770
- United States
Corporate Office
- 49 South 500 East
- Markle, IN 46770
- United States
Sortera Technologies Timeline
Sortera Technologies Valuation & Funding
| Deal Type | Date | Amount | Raised to Date | Post-Val | Status | Stage |
|---|---|---|---|---|---|---|
| 6. Later Stage VC (Series C) | 20-Jul-2026 | $87M | Completed | Generating Revenue | ||
| 5. Mezzanine | 11-Feb-2025 | Completed | Generating Revenue | |||
| 4. Later Stage VC (Series C1) | 28-Oct-2024 | Completed | Generating Revenue | |||
| 3. Later Stage VC (Series C) | Completed | Generating Revenue | ||||
| 2. Early Stage VC (Series B) | 22-Jul-2022 | $20M | $22M | Completed | Generating Revenue | |
| 1. Early Stage VC (Series A) | 13-Oct-2020 | $2M | $2M | Completed | Generating Revenue |
Sortera Technologies Cap Table
| Stock | # of Shares Authorized |
Par Value | Dividend Rate (%) | Original Issue Price |
Liquidation | Liquidation Pref. Multiple |
Conversion Price | % Owned |
|---|---|---|---|---|---|---|---|---|
| Series C1 | ||||||||
| Series B-3 | ||||||||
| Series B-2 | ||||||||
| Series B-1 | 1,250,000 | $0.001000 | $1.6 | $1.6 | 1x | $1.6 | 8.61% | |
| Series A | 2,000,000 | $0.001000 | $1 | $1 | 1x | $1 | 13.78% |
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Opportunity Score
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Sortera Technologies Comparisons
Industry
Financing
Details
Sortera Technologies Competitors (3)
One of Sortera Technologies’s 3 competitors is The Nitrate Elimination, a Accelerator/Incubator Backed company based in Lake Linden, MI.
| Company Name | Financing Status | Location | Employees | Total Raised | Last Financing Date/Type | Last Financing Amount |
|---|---|---|---|---|---|---|
| The Nitrate Elimination | Accelerator/Incubator Backed | Lake Linden, MI | ||||
| Yokogawa Electric | Corporation | Tokyo, Japan | ||||
| Hach | Venture Capital-Backed | Loveland, CO |
Sortera Technologies Related Research & Analysis
Explore institutional-grade private market research from our team of analysts.
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Verticals
Sortera Technologies Patents
Sortera Technologies Recent Patent Activity
| Publication ID | Patent Title | Status | First Filing Date | Technology (CPC) | Citations |
|---|---|---|---|---|---|
| WO-2026217601-A1 | Cartesian-based material sorting system | Pending | 08-Apr-2025 | ||
| US-20260145207-A1 | Sorting nozzle assembly | Pending | 26-Nov-2024 | ||
| WO-2026117738-A1 | Sorting nozzle assembly | Pending | 26-Nov-2024 | ||
| WO-2026006331-A1 | Classifying and sorting of stream of contiguous materials | Pending | 26-Jun-2024 | ||
| US-20260001103-A1 | Classifying of stream of contiguous materials | Pending | 26-Jun-2024 | B07C5/342 |
Sortera Technologies Signals
Growth Rate
Growth
Size Multiple
Key Data Points
Similarweb Unique Visitors
Majestic Referring Domains
Sortera Technologies Investors (13)
| Investor Name | Investor Type | Holding | Investor Since | Participating Rounds |
|---|---|---|---|---|
| Overlay Capital | Asset Manager | Minority | ||
| Trinity Capital (Phoenix) | Asset Manager | Minority | ||
| Yamaha Motor Ventures | Corporate Venture Capital | Minority | ||
| Eagle Point Trinity Senior Secured Lending Company BDC | Mezzanine | Minority | ||
| Macquarie Asset Management | Asset Manager | Minority |
Sortera Technologies FAQs
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When was Sortera Technologies founded?
Sortera Technologies was founded in 2020.
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Where is Sortera Technologies headquartered?
Sortera Technologies is headquartered in Markle, IN.
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What is the size of Sortera Technologies?
Sortera Technologies has 66 total employees.
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What industry is Sortera Technologies in?
Sortera Technologies’s primary industry is Electronic Equipment and Instruments.
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Is Sortera Technologies a private or public company?
Sortera Technologies is a Private company.
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What is Sortera Technologies’s current revenue?
The current revenue for Sortera Technologies is .
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How much funding has Sortera Technologies raised over time?
Sortera Technologies has raised $230M.
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Who are Sortera Technologies’s investors?
Overlay Capital, Trinity Capital (Phoenix), Yamaha Motor Ventures, Eagle Point Trinity Senior Secured Lending Company BDC, and Macquarie Asset Management are 5 of 13 investors who have invested in Sortera Technologies.
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Who are Sortera Technologies’s competitors?
The Nitrate Elimination, Yokogawa Electric, and Hach are competitors of Sortera Technologies.
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