SoarTech - About the company
SoarTech is an acquired company based in Ann Arbor (United States), founded in 1998. It operates as a Developer of intelligent systems for defense. SoarTech has raised an undisclosed amount in funding. The company has 53 active competitors, including 19 funded and 6 that have exited. Its top competitors include companies like Innefu Labs, Vannevar Labs and Mind Foundry.
Company Details
SoarTech is a developer of intelligent systems for defense. It has studied many kinds of human behavior in order to create software that thinks the way people think and develops constantly learning, getting smarter, and adapting to new times and situations. It provides game-based training systems for everything from tactical skills to social skills. Its warfighter behavior models emulate humans performing in operational settings, including land, sea, air, and cyber missions, providing realistically complex and populated training experiences.
- Website
- soartech.com
- Email ID
- *****@soartech.com
Key Metrics
Founded Year
1998
Location
Ann Arbor, United States
Stage
Acquired
Latest Funding Round
Ranked
15th among 53 active competitors
Employee Count
84 as on May 31, 2026
Similar Companies
Exit Details
Acquired by Forward Slope (Aug 24, 2023)
Legal entities associated with SoarTech
SoarTech is associated with 2 legal entities given below:
Legal Entity Name | Date of Incorporation | Revenue | Latest Employee Count | Documents |
|---|---|---|---|---|
SOAR TECHNOLOGY INC CIN: 383382261 , United States, Active | Dec 31, 1999 | - | 98 (As on Dec 31, 2024) | - |
Soar Technology, Inc CIN: 38-3382261 , United States, Active | Dec 31, 1997 | - | 123 (As on Dec 31, 2020) | - |
SoarTech's acquisition details
SoarTech got acquired by Forward Slope on Aug 24, 2023.
Click here to take a look at SoarTech's acquisition in detail
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SoarTech's funding and investors
SoarTech has raised funding over 6 rounds. Its latest funding round was a Grant (prize money) round on May 11, 2020 for $*****. 1 investor participated in its latest round. SoarTech has 3 institutional investors.
Here is the list of recent funding rounds of SoarTech:
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Date of Funding | Funding Amount | Round Name | Post-Money Valuation | Revenue Multiple | Lead Investors | Other Investors |
|---|---|---|---|---|---|---|
May 11, 2020 | 9214128 | Grant (prize money) | 2135414 | 1786682 | 1534988 | 8917379 |
Aug 15, 2016 | 1279070 | Grant (prize money) | 7257943 | 7678056 | 3523117 | |
May 30, 2013 | 6293916 | Grant (prize money) | 9200927 | 1440646 | 2403838 |
View details of SoarTech's funding rounds and investors
SoarTech's founders and board of directors
Founder? Claim ProfileSoarTech's employee count trend
SoarTech has 84 employees as of May 26. Here is SoarTech's employee count trend over the years:
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SoarTech's Competitors and alternates
Top competitors of SoarTech include Innefu Labs, Vannevar Labs and Mind Foundry. Here is the list of Top 10 competitors of SoarTech, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st | Innefu Labs 2010, Delhi (India), Series B | Provider of AI-driven data analytics and information security solutions | $16M | 65/100 | |
2nd | Vannevar Labs 2019, Palo Alto (United States), Series B | Developer of products for the security industry | $91.5M | 63/100 | |
3rd | Mind Foundry 2015, Oxford (United Kingdom), Series B | Developer of machine learning solutions for defence and national security | $71.9M | 62/100 | |
4th | Hadean 2017, London (United Kingdom), Series A | Developer of AI-powered digital wargaming and command and control software | $65.9M | 62/100 | |
5th | 4M Analytics 2019, Israel, Series A | Provider of utility data platform using artificial intelligence for infrastructure | $45M | 61/100 | |
6th | Rebellion Defense 2019, Washington (United States), Series B | Provider of AI and ML-based intelligence systems | $150M | 60/100 | |
7th | Data intelligence platform | $13.7M | 57/100 | ||
8th | Reveal Tech 2018, San Francisco (United States), Series B | Provider of intelligent systems for the military | $43.6M | 57/100 | |
9th | TurbineOne 2021, San Francisco (United States), Series B | AI-based surveillance and reconnaissance solutions for the military | $54M | 56/100 | |
10th | Blackshark.ai 2020, Graz (Austria), Series A | GPU native platform for large scale image understanding | $35M | 56/100 | |
15th | SoarTech 1998, Ann Arbor (United States), Acquired | Developer of intelligent systems for defense | - | 40/100 |
Looking for more details on SoarTech's competitors? Click here to see the top ones
SoarTech's Investments and acquisitions
SoarTech has made no investments or acquisitions yet.
Reports related to SoarTech
Here is the latest report on SoarTech's sector:
News related to SoarTech
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DARPA Selects 5 Companies to Develop Autonomous Capability for Commercial, Military DronesExecutiveBiz•Feb 09, 2024•DARPA, Anduril, RTX, Leidos and 2 others
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Forward Slope Incorporated’s Acquisition of Soar TechnologyGlobal Legal Chronicle•Sep 12, 2023•Forward Slope, Trive Capital, SoarTech
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NASA Invests in Ann Arbor Company’s Astronaut Virtual Assistant ConceptDbusiness•May 11, 2020•SoarTech
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Six Firms Receive Contracts Under DARPA’s Autonomous Underwater Tech ProgramGovCon Wire•Nov 15, 2019•L3Harris, Leidos, Northrop Grumman, Edgetech and 2 others
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Soar team with Aeris Weather to bring live global weather updatesWholesale Investor•Nov 08, 2018•Aeris, SoarTech
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Washington-based hydro turbine manufacturers announce mergerhydroworld.com•Jul 26, 2017•Canyonhydro, SoarTech, Soar Hydropower
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