About Solara Medical Supplies
Solara Medical Supplies is a company based in Chula Vista (United States) founded in 2002 was acquired by AdaptHealth in May 2020.. The company has 254 employees as of December 31, 2019. Solara Medical Supplies has completed 2 acquisitions, including Hueyshomemedicalcpap and Pal Med. Solara Medical Supplies operates in a competitive market with competitors including Carbon Health, NHS Choices, Galileo, Baylor Scott and White Health and Jio Health, among others.
- Headquarter Chula Vista, United States
- Employees 254 as on 31 Dec, 2019
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Sectors
Healthcare
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Email
***********
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Phone
*********
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Website
*********
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Social
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- Legal Name Solara Medical Supplies, Llc
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
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Investors
AdaptHealth
& 1 more
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Employee Count
254
as on Dec 31, 2019
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Investments & Acquisitions
Hueyshomemedicalcpap
& 1 more
- Acquired by
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Funding Insights of Solara Medical Supplies
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jun, 2018 | Amount | Debt – Conventional - Solara Medical Supplies | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Solara Medical Supplies
Solara Medical Supplies has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include AdaptHealth and Linden Capital Partners. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Private equity investments are focused on the healthcare sector.
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Founded Year | Domain | Location | |
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Home medical and respiratory equipment and supplies are distributed.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Founded Year | Domain | Location | |
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Founded Year | Domain | Location |
Investments & Acquisitions by Solara Medical Supplies
Solara Medical Supplies has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include Hueyshomemedicalcpap and Pal Med. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Distributor of diabetic supplies
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1994 | ||||
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Provider of online slot games and payment solutions
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| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Solara Medical Supplies
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Solara Medical Supplies Comparisons
Competitors of Solara Medical Supplies
Solara Medical Supplies operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Carbon Health, NHS Choices, Galileo, Baylor Scott and White Health and Jio Health, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Healthcare services are delivered via an integrated online platform.
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| domain | founded_year | HQ Location |
Provider of multiple healthcare services for patients
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| domain | founded_year | HQ Location |
Tech-enabled home healthcare is provided for various medical needs.
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| domain | founded_year | HQ Location |
Provider of healthcare through urgent care, online platforms, and specialized programs
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| domain | founded_year | HQ Location |
Online platform offering multiple healthcare services
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| domain | founded_year | HQ Location |
Provider of whole-body approach to healthcare delivering multiple services
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Solara Medical Supplies
Frequently Asked Questions about Solara Medical Supplies
When was Solara Medical Supplies founded?
Solara Medical Supplies was founded in 2002 and raised its 1st funding round 16 years after it was founded.
Where is Solara Medical Supplies located?
Solara Medical Supplies is headquartered in Chula Vista, United States. It is registered at Chula Vista, California, United States.
Who is the current CEO of Solara Medical Supplies?
Steve Foreman is the current CEO of Solara Medical Supplies.
How many employees does Solara Medical Supplies have?
As of Dec 31, 2019, the latest employee count at Solara Medical Supplies is 254.
What does Solara Medical Supplies do?
Solara Medical Supplies was founded in 2002 and is based in Chula Vista, United States. Operations are conducted as an online retailer in the healthcare sector, with a focus on diabetes management products. Medicines for diabetes treatment, continuous glucose monitoring devices, and insulin pumps are offered through the platform at solara.com. The company serves customers primarily in the United States market.
Who are the top competitors of Solara Medical Supplies?
Solara Medical Supplies's top competitors include Carbon Health, NHS Choices and 9amHealth.
How many acquisitions has Solara Medical Supplies made?
Solara Medical Supplies has made 2 acquisitions, including Hueyshomemedicalcpap, and Pal Med.
Who are Solara Medical Supplies's investors?
Solara Medical Supplies has 2 investors. Key investors include AdaptHealth, and Linden Capital Partners.