What is Soldsie?
Soldsie was a company dedicated to supporting businesses and ideas through a platform designed to enable creativity and innovation. The company valued its client relationships and aimed to facilitate their success. Despite its mission, Soldsie has announced its closure, reflecting on its journey and expressing appreciation for its community. The company's commitment to a smooth transition underscores its dedication to clients even during its dissolution.
How much funding has Soldsie raised?
Soldsie has raised a total of $5M across 2 funding rounds:
Other Financing Round
$1M
Series A
$4M
Other Financing Round (2013): $1M with participation from 500.com and FundersClub
Series A (2014): $4M led by e.Ventures, First Round Capital, SoftTechVC, Lerer Hippeau Ventures, Great Oaks Ventures, Correlation Ventures, and 500 startups
Key Investors in Soldsie
500.com
500.com Limited is a leading online sports lottery service provider in China, offering a comprehensive suite of online lottery services. It was among the first companies to provide online lottery services in China and is approved by the Ministry of Finance for online lottery sales.
FundersClub
FundersClub is an online venture capital firm that connects accredited investors with highly vetted startups, allowing them to diversify their investment portfolios. It has funded over 410 startups and invested more than $185 million.
e.Ventures
e.Ventures is a venture capital firm that invests in early-stage companies, focusing on disruptive technologies and innovative business models. The firm aims to support founders with strong vision and execution capabilities.
What's next for Soldsie?
Given Soldsie's announcement of closure, the future trajectory is one of winding down operations rather than scaling or further development. The company's focus will likely be on managing its exit, ensuring a smooth transition for its clients and stakeholders, and fulfilling any remaining obligations. The historical funding rounds, including a Series A in May 2014, indicate a period of growth and strategic investment prior to its eventual cessation.
See full Soldsie company page
