What is Sols?
Operating at the intersection of bespoke software development and high-end IT consulting, Sols provides critical technical solutions designed to drive digital transformation for its clients. With a lean team of 10 to 19 professionals and annual revenues ranging between $5M and $10M, the company has demonstrated significant capital efficiency. By leveraging its New York City headquarters, Sols maintains a competitive edge in delivering high-value, scalable technology services that address the complex requirements of modern enterprise environments.
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, Advanced Laser Materials, Terrawatt Ventures, Smart Garden, Rothenberg Ventures, and RRE Ventures
Series A (2014): $6.4M led by Grape Arbor VC, Felicis Ventures, Rothenberg Ventures, Founders Fund, RRE, Lux Capital, and FundersGuild
Series B (2015): $11.1M supported by Tenaya Capital, Lux Capital, and Founders Fund
Key Investors in Sols
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, backing founders in frontier areas such as AI, robotics, space, defense, biotechnology, and advanced materials from seed through IPO or acquisition.
Founders Fund
Founders Fund invests in the world's most important and valuable companies across all geographies, sectors and stages. The firm's partners have been founders and early funders of companies including PayPal, SpaceX, Palantir, Anduril, Airbnb, Stripe and Facebook.
Tenaya Capital
Tenaya Capital provides early-growth stage capital to exceptional entrepreneurs focused on building extraordinary technology companies, aiming to partner with those creating enduring businesses.
What's next for Sols?
With the successful closure of its latest financing round, Sols is positioned to accelerate its product development roadmap and expand its footprint within the competitive IT services landscape. The infusion of capital is expected to support the scaling of its engineering teams and the enhancement of its proprietary service delivery frameworks. As the company moves beyond its initial growth stages, the focus will likely shift toward deepening its enterprise client relationships and exploring new market verticals where its custom software expertise can provide a distinct competitive advantage. The continued support from high-profile venture partners underscores a long-term commitment to establishing Sols as a foundational player in the digital services ecosystem.
See full Sols company page
