About Solbari
Solbari is a company based in Melbourne (Australia) founded in 2013 by Gareth Y and Johanna Young.. Solbari has raised $10 million across 1 funding round from investors including ABGF. Solbari offers products and services including Sun Protective Clothing and Sun Hats.
- Headquarter Melbourne, Australia
- Founders Gareth Y, Johanna Young
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Sectors
Consumer
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Phone
*********
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Website
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Social
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- Legal Name Solbari Usa
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$10 M (USD)
in 1 rounds
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Latest Funding Round
$10 M (USD), Series A
Dec 22, 2023
- Investors
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Employee Count
Employee Count
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Products & Services of Solbari
Solbari offers a comprehensive portfolio of products and services, including Sun Protective Clothing and Sun Hats. 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.
Clothing is offered that provides UPF 50+ protection against UV rays for everyday and outdoor use.
Hats are provided with UPF 50+ ratings to shield the face and neck from sun exposure during various activities.
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Leadership Team
1 people
Human Resources and Administration
1 people
Software Development Team
1 people
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Funding Insights of Solbari
Solbari has successfully raised a total of $10M through 1 strategic funding round. The most recent funding activity was a Series A round of $10 million completed in December 2023. 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 — $10.0M
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First Round
First Round
(22 Dec 2023)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2023 | Amount | Series A - Solbari | Valuation | ABGF |
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| 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 |
Investors in Solbari
Solbari has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include ABGF. 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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Growth capital is invested in Australian SMEs by ABGF.
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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 Solbari
| 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 - Solbari
| 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 |
Solbari Comparisons
Competitors of Solbari
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Frequently Asked Questions about Solbari
When was Solbari founded?
Solbari was founded in 2013 and raised its 1st funding round 10 years after it was founded.
Where is Solbari located?
Solbari is headquartered in Melbourne, Australia. It is registered at Melbourne, Victoria, Australia.
Who is the current CEO of Solbari?
Johanna Young is the current CEO of Solbari. They have also founded this company.
Is Solbari a funded company?
Solbari is a funded company, having raised a total of $10M across 1 funding round to date. The company's 1st funding round was a Series A of $10M, raised on Dec 22, 2023.
What does Solbari do?
Solbari was founded in 2013 in Melbourne, Australia, as a brand focused on apparel for multi-sports activities. Products such as tops, t-shirts, dresses, pants, shirts, leggings, and accessories are offered for both men and women. Operations extend globally, with items available for purchase worldwide through various channels. The company is led by co-founders Gareth Y as Chairman and Johanna Young as CEO.
What products or services does Solbari offer?
Solbari offers Sun Protective Clothing and Sun Hats.
Who are Solbari's investors?
Solbari has 1 investor. Key investors include ABGF.