What is SoliSYSTEMS?
Headquartered in Allen, Texas, SoliSYSTEMS has established itself as a cornerstone in the development of secure, high-stakes software environments. The company specializes in custom integration and technical support, serving a diverse clientele that ranges from government agencies to large-scale commercial enterprises. Their product portfolio is anchored by the MobiWIC platform, which facilitates secure EBT transactions, and the SoliMarket mobile payment application, designed specifically for the unique needs of Farmers Markets.
Beyond payment processing, the firm demonstrates deep technical expertise in industrial automation, inventory management, and emerging technologies such as blockchain and vision inspection. With over two decades of operational history, SoliSYSTEMS differentiates itself through a commitment to tailored, high-efficiency solutions that address the specific operational challenges of its clients, ensuring seamless digital transformation across various industrial verticals.
How much funding has SoliSYSTEMS raised?
SoliSYSTEMS has raised a total of $355K across 2 funding rounds:
Debt
$150K
Debt
$205K
Debt (2020): $150K with participation from PPP
Debt (2021): $205K led by PPP
Key Investors in SoliSYSTEMS
PPP
Public-Private Partnership
What's next for SoliSYSTEMS?
With the successful closure of this late-stage funding, SoliSYSTEMS is poised to accelerate its strategic initiatives, focusing on the modernization of its core software platforms and the potential expansion of its industrial automation capabilities. The company is expected to prioritize the enhancement of its secure transaction infrastructure, ensuring that its government-facing solutions remain at the forefront of compliance and efficiency standards.
Furthermore, the firm will likely leverage this capital to deepen its investment in R&D, particularly within the realms of blockchain and vision inspection technologies. By strengthening its technical backbone, SoliSYSTEMS aims to solidify its market position as a primary partner for organizations requiring robust, scalable, and secure software ecosystems. The focus remains on sustainable growth and the continued delivery of high-value technical support to its established client base.