What is Soldo?
Founded in 2014 and headquartered in Chiari, Lombardy, Italy, Soldo provides a comprehensive fintech platform designed to streamline business spending. The company offers multi-user spending accounts that integrate seamlessly with corporate accounting software, providing real-time visibility and control over company-wide expenditures. By replacing traditional, fragmented expense reporting with a unified digital solution, Soldo addresses the complex needs of modern organizations seeking to optimize their financial operations and improve fiscal transparency across distributed teams.
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 Connect Ventures, Accel, Dawn Capital, and Battery Ventures
Series C (2021): $180M supported by Sunley House Capital Management, Temasek, and City Ventures
Key Investors in Soldo
Accel Partners
A globally recognized venture capital firm that specializes in early-stage and growth-stage investments, providing strategic guidance to technology companies.
Dawn Capital
A venture capital firm focused on backing ambitious founders building leading business software companies across Europe.
Sunley House Capital Management
A Boston-based investment firm operating within the financial services sector, known for supporting high-growth enterprises.
What's next for Soldo?
With the recent influx of capital, Soldo is well-positioned to accelerate its product development roadmap and expand its footprint within the competitive European fintech sector. The strategic focus will likely center on enhancing its enterprise-grade features, deepening integrations with global ERP systems, and scaling its customer acquisition efforts. As the market for automated spend management continues to mature, Soldo's ability to leverage its recent financing will be pivotal in maintaining its competitive edge and driving long-term value for its stakeholders and corporate clients alike.
See full Soldo company page