What is Sols?
Headquartered in New York City, Sols operates as a specialized provider within the Custom Software and IT Services sector. With a lean, high-impact team of 10 to 19 professionals, the firm has established a strong market footprint, generating annual revenues between 5M and 10M. The company focuses on delivering bespoke technological solutions, positioning itself as a critical partner for enterprises seeking digital transformation and specialized software architecture. Its ability to attract high-caliber venture capital reflects its technical differentiation and scalable business model.
How much funding has Sols raised?
Sols has raised a total of $19.3M across 3 funding rounds:
Angel/Seed
$1.8M
Series A
$6.4M
Series B
$11.1M
Angel/Seed (2013): $1.8M with participation from Lux Capital, Smart Garden, Advanced Laser Materials, Rothenberg Ventures, Terrawatt Ventures, and RRE Ventures
Series A (2014): $6.4M led by Rothenberg Ventures, RRE, Grape Arbor VC, Founders Fund, FundersGuild, Lux Capital, and Felicis Ventures
Series B (2015): $11.1M supported by Lux Capital, Tenaya Capital, and Founders Fund
Key Investors in Sols
Founders Fund
Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages, providing maximum support with minimum interference.
Lux Capital
Lux Capital is a New York based venture capital firm that raises dedicated funds to invest in earlystage and growthstage companies at the intersection of science and technology.
Tenaya Capital
Tenaya Capital provides early-growth stage capital to exceptional entrepreneurs focused on building extraordinary technology companies.
What's next for Sols?
With the infusion of $11.1M, Sols is strategically positioned to accelerate its product development roadmap and expand its enterprise client base. The company's trajectory, supported by a history of institutional backing, suggests a focus on scaling its core service offerings and potentially exploring new verticals within the IT services ecosystem. As the firm moves beyond its Series B phase, the emphasis will likely shift toward optimizing operational efficiency and solidifying its competitive advantage through advanced software capabilities and strategic market penetration.
See full Sols company page
