About SolArc
SolArc is a company based in Houston (United States) founded in 1995 was acquired by OpenLink in October 2011.. SolArc has raised $25 million across 1 funding round from investors including Openlink and TCV. SolArc offers products and services including Project Management Services and Contract Administration Services. SolArc operates in a competitive market with competitors including IPC, Saphyre, Clear Street, Itiviti and Neovest, among others.
- Headquarter Houston, United States
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Sectors
Technology
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Phone
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Website
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Social
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- Legal Name Solarc, Inc
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Products & Services of SolArc
SolArc offers a comprehensive portfolio of products and services, including Project Management Services and Contract Administration Services. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Tailored management of construction projects for standards and compliance.
Efficient handling of contracts and auditable documentation.
Funding Insights of SolArc
SolArc has successfully raised a total of $25M through 1 strategic funding round. The most recent funding activity was a Series A round of $25 million completed in November 2003. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 1
- Last Round Series A — $25.0M
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First Round
First Round
(11 Nov 2003)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2003 | Amount | Series A - SolArc | Valuation |
investors |
| 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 SolArc
SolArc has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Openlink and TCV. 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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Venture capital is invested in global technology companies by TCV.
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Founded Year | Domain | Location | |
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Trading and risk management solutions are provided to global industries.
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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 SolArc
| 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 |
Financial Statements - SolArc
| 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 |
Solarc Comparisons
Competitors of SolArc
SolArc 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 IPC, Saphyre, Clear Street, Itiviti and Neovest, 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 |
Specialized technology solutions are provided for financial trade lifecycles.
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| domain | founded_year | HQ Location |
Pre-trade and post-trade analytics and onboarding solutions
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| domain | founded_year | HQ Location |
Trade life cycle management platform for brokerages
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| domain | founded_year | HQ Location |
Trade life cycle management solutions are offered for capital markets.
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| domain | founded_year | HQ Location |
We are an independently operated technology company providing a comprehensive suite of global broker-neutral financial services to the buy- and sell-side.
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| domain | founded_year | HQ Location |
Trading technology and services for order execution are provided.
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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 Solarc
Frequently Asked Questions about SolArc
When was SolArc founded?
SolArc was founded in 1995 and raised its 1st funding round 8 years after it was founded.
Where is SolArc located?
SolArc is headquartered in Houston, United States. It is registered at Houston, Texas, United States.
Who is the current CEO of SolArc?
Brad Anderson is the current CEO of SolArc.
Is SolArc a funded company?
SolArc is a funded company, having raised a total of $25M across 1 funding round to date. The company's 1st funding round was a Series A of $25M, raised on Nov 11, 2003.
What does SolArc do?
SolArc, Inc. was founded in 1995 and is headquartered in Houston, United States, as a provider of integrated software for the commodities sector. Operations focus on trading, hedging, transportation, and booking of commodities such as oil, energy units, agricultural products, and metals. Services enable oversight of supply chains, marketing, and trading activities across global environments, supporting risk mitigation and operational efficiency for clients in these fields.
Who are the top competitors of SolArc?
SolArc's top competitors include Clear Street, Saphyre and IPC.
What products or services does SolArc offer?
SolArc offers Project Management Services and Contract Administration Services.