What is Soldo?
Founded in 2014 and headquartered in Chiari, Lombardy, Italy, Soldo provides a comprehensive platform for business expense management. By offering multi-user spending accounts, the company enables organizations to exert granular control over corporate disbursements, effectively bridging the gap between traditional banking and modern digital workflows. Soldo's market position is defined by its ability to streamline financial operations for businesses of varying sizes, ensuring transparency and compliance in real-time. As a key innovator in the fintech sector, Soldo leverages its proprietary technology to automate expense reporting and simplify the reconciliation process for finance teams across Europe.
How much funding has Soldo raised?
Soldo has raised a total of $252M across 3 funding rounds:
Series A
$11M
Series B
$61M
Series C
$180M
Series A (2019): $11M with participation from Accel Partners
Series B (2019): $61M led by Accel, Dawn Capital, Connect Ventures, and Battery Ventures
Series C (2021): $180M supported by Sunley House Capital Management, Temasek, and City Ventures
Key Investors in Soldo
Sunley House Capital Management
Sunley House Capital Management LLC is a company that operates in the Financial Services industry. The company is headquartered in Boston, Massachusetts.
Temasek
Founded in 1974, Temasek is a global investment company headquartered in Singapore. We are a generational investor, seeking to make a difference always with tomorrow in mind.
City Ventures
City+Ventures is a premier investment and development company in the market. The company works to maximize the benefits of the investments for everyone involved: tenants and residents, employees, the communities in which we operate, financial partners, and the ownership team.
What's next for Soldo?
With the infusion of capital from its latest funding round, Soldo is well-positioned to accelerate its product roadmap and expand its footprint within the competitive enterprise fintech market. The strategic focus will likely center on enhancing its software-as-a-service (SaaS) capabilities, deepening integration with existing accounting ecosystems, and scaling its customer acquisition efforts across international borders. By maintaining its commitment to operational excellence and user-centric design, Soldo is poised to solidify its status as a critical infrastructure provider for modern corporate finance, navigating the complexities of digital transformation with agility and precision.
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