How Much Did Solo Raise?
Funding & Key Investors

Solo, a Lehi-based enterprise software provider, has successfully secured significant capital to bolster its market position, bringing its total cumulative investment to $350K. This latest injection of resources, totaling $0, underscores the company's sustained momentum within the competitive home improvement technology sector. By prioritizing scalable sales conversion tools, Solo continues to demonstrate a robust financial trajectory that aligns with its long-term objective of accelerating client growth.

What is Solo?

Solo
Business ServicesSoftware Testing

Founded in 2008, Solo operates at the intersection of specialized software development and the home improvement industry. The company provides a comprehensive suite of digital solutions designed to optimize sales workflows and enhance conversion rates for contractors and service providers. By positioning itself as a strategic partner rather than a mere vendor, Solo has carved out a distinct niche in the Utah technology ecosystem. Its platform is engineered to facilitate sustainable business expansion, allowing home improvement firms to navigate complex market demands with greater operational efficiency and data-driven insights.

How much funding has Solo raised?

Solo has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Solo

PPP

Public-Private Partnership

What's next for Solo?

With the infusion of this late-stage capital, Solo is well-positioned to scale its operations and deepen its product integration capabilities. The company is expected to leverage these funds to enhance its core software architecture, potentially expanding its footprint into new geographic markets or diversifying its service offerings to address broader industry pain points. As the home improvement sector continues to undergo digital transformation, Solo's focus on sustainable growth and high-impact sales conversion will likely remain the cornerstone of its strategic roadmap, ensuring it remains a pivotal player in the modernization of residential service businesses.

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Frequently Asked Questions Regarding Solo Financial Insights

What are the most recent funding rounds that Solo has completed, and what were the funding rounds?
Solo has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Solo has raised to date?
Solo has raised a total of $350K in funding to date.
How many funding rounds has Solo completed?
Solo has completed 1 funding rounds.
How much funding did Solo raise in its most recent funding round?
Solo raised $350K in its most recent funding round.
Who are the lead investors in Solo's latest funding round?
The lead investor in Solo's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Solo's history?
The largest funding round in Solo's history was $350K.
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