Sotira
Sotira is a US-based company founded in 2024 that specializes in enabling brands, manufacturers, and retailers to sell their overstock or short-dated inventory into the off-price retail market. By facilitating these transactions, Sotira helps businesses unlock cash, free up storage space, and access new markets. The platform operates by connecting suppliers with buyers in the secondary market, streamlining the process of offloading and monetizing unsold or expiring products. Sotira handles freight compliance, purchasing paperwork, and offers automated negotiation for both sellers and buyers. The company has successfully rerouted millions of pounds of unsold inventory from landfills and has been recognized with awards such as 1st place at Shoptalk and the Reverse Logistics Association conference, and 2nd place at the AWS Startup Competition. Sotira is backed by Silicon Valley investors and aims to revolutionize the secondary market by bringing the liquidation process online.
Sotira
Sotira is a US-based company founded in 2024 that specializes in enabling brands, manufacturers, and retailers to sell their overstock or short-dated inventory into the off-price retail market. By facilitating these transactions, Sotira helps businesses unlock cash, free up storage space, and access new markets. The platform operates by connecting suppliers with buyers in the secondary market, streamlining the process of offloading and monetizing unsold or expiring products. Sotira handles freight compliance, purchasing paperwork, and offers automated negotiation for both sellers and buyers. The company has successfully rerouted millions of pounds of unsold inventory from landfills and has been recognized with awards such as 1st place at Shoptalk and the Reverse Logistics Association conference, and 2nd place at the AWS Startup Competition. Sotira is backed by Silicon Valley investors and aims to revolutionize the secondary market by bringing the liquidation process online.