What is Solerent?
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:
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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