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Sommos - About the company

Sommos is a seed company based in Santa Cruz de la Sierra (Bolivia), founded in 2023 by Diego Rojas Arancibia. It operates as a Fintech venture that specializes in creating financial solutions for businesses. Sommos has raised $20K in funding from Techstars. The company has 694 active competitors, including 106 funded and 104 that have exited. Its top competitors include companies like Addepar, FNZ and Broadridge.

Company Details

Fintech venture that specializes in creating financial solutions for businesses. Its product portfolio includes Sommos business to discover how financial institutions or businesses can leverage its digital solutions, and the PasanaQ app to create rotating savings and credit association groups.
Key Metrics
Founded Year
2023
Location
Santa Cruz de la Sierra, Bolivia
Stage
Seed
Total Funding
$20K in 1 round
Latest Funding Round
Investors
Ranked
Employee Count
17 as on Jun 30, 2026
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Sommos's funding and investors

Sommos has raised a total funding of $20K over 1 round. Its latest funding round was a Seed round on 2024 for $*****. 1 investor participated in its latest round. Sommos has 1 institutional investor.

Here is the list of recent funding rounds of Sommos:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
2024
7875
Seed
8432
7830
6132
2894
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Sommos' founders and board of directors

Founder? Claim Profile
The founders of Sommos is Diego Rojas Arancibia. Diego Rojas Arancibia is the CEO of Sommos.
Here are the details of Sommos' key team members:

Sommos' employee count trend

Sommos has 17 employees as of Jun 26. Here is Sommos's employee count trend over the years:
Employee count trend for Sommos
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Sommos's Competitors and alternates

Top competitors of Sommos include Addepar, FNZ and Broadridge. Here is the list of Top 10 competitors of Sommos, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Addepar
Addepar
2009, Mountain View (United States), Series G
Wealth management solutions for advisors
$759M
77/100
2nd
Logo for FNZ
FNZ
2003, London (United Kingdom), Acquired
Provider of wealth management platforms for financial institutions and advisors
$2.55B
74/100
3rd
Provider of tech solution for financial service and customer communication
-
73/100
4th
Logo for SEI
SEI
1968, Oaks (United States), Public
Wealth and investment management solutions for institutional investors
-
71/100
5th
Logo for AdvisorEngine
AdvisorEngine
2014, New York City (United States), Acquired
Wealth management software platform empowering financial advisors with technology and services
$60.1M
71/100
6th
Logo for Altruist
Altruist
2018, Culver City (United States), Series F
Portfolio management software for financial advisors
$602M
70/100
7th
Logo for Avaloq
Avaloq
1985, Zurich (Switzerland), Acquired
Cloud-based solutions for financial institutions
$301M
70/100
8th
Logo for Centricity
Centricity
2022, Gurugram (India), Seed
Digital private wealth management platform for individuals
$24M
68/100
9th
Logo for ZILO
ZILO
2020, London (United Kingdom), Series A
Software-enabled transfer agency system
$58.7M
65/100
10th
Logo for Magnifi
Magnifi
2018, New York City (United States), Early Stage
Investment comparison platform
$21.1M
64/100
199th
Logo for Sommos
Sommos
2023, Santa Cruz de la Sierra (Bolivia), Seed
Fintech venture that specializes in creating financial solutions for businesses
$20K
32/100
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Sommos's Investments and acquisitions

Sommos has made no investments or acquisitions yet.

Reports related to Sommos

Here is the latest report on Sommos's sector:

FAQs about Sommos

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