# Sofar Ocean funding: rounds and investors

> Sofar Ocean has raised $22M across 2 rounds since 2021. Investors include Union Square Ventures, True Ventures and Foundry Group. Every round with its source.

Source: https://millionrounds.com/company/sofar-ocean (Millionrounds; every figure on the page links to its filing or article)

United States · [Venture startup](https://millionrounds.com/companies)

# Who invested in *Sofar Ocean*

2 rounds we have observed, with the 4 investors named in them. Every figure came from a named source, and where the company reported a raise to the SEC itself, that is shown beside it.

Big Data & Analytics Climate Tech IoT Logistics

Funding summary Updated 26 Oct 2026

**$22M** raised across 2 rounds since 2021, from 2 sources

- **Latest round:** Venture, $22M Dec 2024
- **Investors:** 4

See who backed them

## The funding story

Each circle is a round, placed by date and sized by amount. The line above is the running total.

2022 2023 2024

**?** Round

**$22M** Venture

- **First round:** Round
- **Biggest round:** $22M
- **Between rounds:** 3.1 years

## The rounds

- **Dec 2024** Venture **$22M** *1 new* *3 returning* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Foundry Group](https://millionrounds.com/fund/foundry) [Craft Ventures](https://millionrounds.com/fund/craft-ventures) Source recorded SEC filing: $18M sold, first sale Nov 2024
- **Nov 2021** Round **Amount undisclosed** *3 new* [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Foundry Group](https://millionrounds.com/fund/foundry) Reported by Foundry Group SEC filing: $39M sold, first sale Oct 2021

## Founders and team

From Sofar Ocean's own website: 9 on the team.

- **Evan Shapiro** Chief R&D Officer
- **Lanthe Stronger** CTO
- **Cameron Dunning** Head of Finance and Legal
- **Dan Breyre** Head of Spotter Product
- **Dennis Rong** Head of Software Product
- **Michele Morelli** Head of Marketing
- **Niels Snog** Global Head of Wayfinder Sales and CS
- **Shireen Khan** Head of People
- **Peter Rive** Chairman

## Who was in which round

The busiest backers across the latest rounds. A filled square is a round they joined; a dark one, a round they led.

**Round** 2021 **Venture** 2024 [Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) [True Ventures](https://millionrounds.com/fund/true-ventures-2) [Foundry Group](https://millionrounds.com/fund/foundry) [Craft Ventures](https://millionrounds.com/fund/craft-ventures)

## Everyone who backed them

[Union Square Ventures](https://millionrounds.com/fund/union-square-ventures) VC firm **2** rounds

[True Ventures](https://millionrounds.com/fund/true-ventures-2) VC firm **2** rounds

[Foundry Group](https://millionrounds.com/fund/foundry) VC firm **2** rounds

[Craft Ventures](https://millionrounds.com/fund/craft-ventures) VC firm **1** round

Missing a round, or an investor who was in one? [Tell us](https://millionrounds.com/corrections?slug=sofar-ocean).

## Quick answers about Sofar Ocean

### Who invested in Sofar Ocean?

Sofar Ocean's investors include Union Square Ventures, True Ventures, Foundry Group and Craft Ventures.

### How much has Sofar Ocean raised?

Sofar Ocean has raised $22M across 2 rounds since 2021. One round did not disclose an amount, so the total is a floor.

### When did Sofar Ocean last raise?

Sofar Ocean's most recent round was a Venture of $22M in Dec 2024.

### What was Sofar Ocean's biggest round?

Its most recent round, $22M in Dec 2024, is also its largest on record.

### Who backed Sofar Ocean first?

Sofar Ocean's first round on record, in Nov 2021, was backed by Union Square Ventures, True Ventures and Foundry Group.

### What stage is Sofar Ocean at?

Sofar Ocean's latest named round is a Venture, in Dec 2024.

### Where is Sofar Ocean based?

Sofar Ocean is based in the United States.

## Companies like Sofar Ocean

In the same sector, and raised in the last eighteen months.

[**Amogy** $125M · Oct 2026](https://millionrounds.com/company/amogy)[**SpaceX** $42B · Oct 2026](https://millionrounds.com/company/spacex)[**STRIVE** $1.3B · Oct 2026](https://millionrounds.com/company/strive)[**LanzaJet** $67M · Oct 2026](https://millionrounds.com/company/lanzajet)[**Xona** $512M · Oct 2026](https://millionrounds.com/company/xona)[**Pennsylvania American Water** $43M · Oct 2026](https://millionrounds.com/company/pennsylvania-american-water)

## Find investors like these

Search every investor by what they have actually funded, then narrow to your stage and market. Free.

Open the investor searchOr these rounds in the app