How Much Did Solerent Raise?
Funding & Key Investors

Solerent, a provider of purchase card management software, has secured $33K in total funding, with its most recent financing round yielding $33K in substantial expansion capital. This significant investment positions the company at a critical Series B/C stage, signaling a strong market validation and an accelerated growth trajectory.

What is Solerent?

Solerent
SoftwareFinancial Software

Solerent offers a comprehensive software solution, ProcuREview, designed to assist Purchase Card Managers and Administrators in establishing, documenting, monitoring, and enforcing corporate spending policies. The platform integrates data from various card provider systems, featuring distinct modules for management, workflow, scoring, and reporting. This integrated approach enables organizations to achieve complete oversight and control over their purchase card programs, thereby optimizing spend management and mitigating financial risks.

How much funding has Solerent raised?

Solerent has raised a total of $33K across 1 funding round:

2021

Debt

$33K

Debt (2021): $33K with participation from PPP

Key Investors in Solerent

PPP

Public-Private Partnership

What's next for Solerent?

With the recent influx of substantial expansion capital, Solerent is poised for significant scaling and market penetration. The company's strategic focus will likely involve enhancing its ProcuREview platform, expanding its sales and marketing efforts to reach a broader customer base, and potentially exploring new verticals within the fintech and corporate spend management sectors. This financing round underscores investor confidence in Solerent's ability to address critical needs in corporate expense management and policy enforcement.

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Frequently Asked Questions Regarding Solerent Financial Insights

What are the most recent funding rounds that Solerent has completed, and what were the funding rounds?
Solerent has recently completed 1 funding rounds: Debt on Feb 7, 2021.
What is the total amount of funding Solerent has raised to date?
Solerent has raised a total of $33K in funding to date.
How many funding rounds has Solerent completed?
Solerent has completed 1 funding rounds.
How much funding did Solerent raise in its most recent funding round?
Solerent raised $33K in its most recent funding round.
Who are the lead investors in Solerent's latest funding round?
The lead investor in Solerent's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Solerent's history?
The largest funding round in Solerent's history was $33K.
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