SOMS Technologies, Inc.
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SOMS Technologies, Inc. - overview
Established
2006
Location
-, NY, US
Primary Industry
Automobiles, Other Vehicles & Parts
About
SOMS Technologies, Inc. focuses on delivering advanced filtration solutions that improve air and water quality across various sectors, including healthcare and hospitality, by effectively capturing pollutants and contaminants. Founded in 2006 in the US, SOMS Technologies, Inc. specializes in filtration solutions for air and water quality.
The company has completed a total of 4 deals, with the most recent funding of USD 2. 65 mn secured on June 30, 2010, from Advantage Capital Partners. The founder's background is not detailed, and there are no mentions of subsidiaries or significant business pivots. Micro Green Filter specializes in advanced filtration solutions designed to enhance air and water quality across various industries.
Their core product offering includes innovative filtration systems that capture pollutants and contaminants at a microscopic level, thereby improving environmental health and safety. These products cater to a diverse clientele, including commercial establishments, industrial sectors, and residential users, aiming to resolve critical issues related to air and water purity. The company’s filtration systems are particularly relevant in markets such as hospitality, healthcare, and manufacturing, where clean air and water are paramount. Their products have been well-received in regions such as North America and Europe, where regulatory standards for environmental safety are stringent and where there is a growing demand for sustainable solutions.
Micro Green Filter generates revenue through direct sales of its flagship filtration products, as well as through subscription-based maintenance services that ensure optimal performance and longevity of the systems. The typical transaction structure involves B2B engagements, where the company partners with distributors and retailers to reach end consumers effectively. Clients engage in one-time purchases for initial system installations, followed by ongoing service agreements that provide routine maintenance and support. Specific pricing plans are tailored to the needs of different market segments, allowing clients to choose from a range of options depending on their filtration needs and usage levels.
Through this strategic approach, Micro Green Filter maintains a steady revenue stream while fostering long-term relationships with its customer base. The company plans to leverage the recent financing of USD 2. 65 mn secured in June 2010 to develop new filtration products aimed at enhancing air and water purification technologies. SOMS Technologies, Inc.
is targeting expansion into European and Asian markets by 2025, driven by the increasing demand for sustainable filtration solutions in response to stringent environmental regulations.
Current Investors
Advantage Capital, Rand Capital Corporation
Primary Industry
Automobiles, Other Vehicles & Parts
Sub Industries
Automobiles, Other Vehicles & Parts
Website
www.microgreenfilter.com
Verticals
Manufacturing
Company Stage
Series B
Total Amount Raised
Subscriber access only
SOMS Technologies, Inc. - employee data


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