About Sole Power
Sole Power is a company based in Pittsburgh (United States) founded in 2012.. Sole Power has raised $125 thousand across 4 funding rounds from investors including Innovation Works and AlphaLab. Sole Power operates in a competitive market with competitors including Codoon, BOA, Sensoria Health, ATO-gear and sendance, among others.
- Headquarter Pittsburgh, United States
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Sectors
Technology
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sole Power Llc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$125 K (USD)
in 4 rounds
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Latest Funding Round
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Investors
Innovation Works
& 1 more
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Employee Count
Employee Count
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Funding Insights of Sole Power
Sole Power has successfully raised a total of $125K across 4 strategic funding rounds. 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 4
- Last Round Last Round
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First Round
First Round
(06 Feb 2013)
- Investors Count 2
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May, 2015 | Amount | Seed - Sole Power | Valuation |
investors |
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| Sep, 2014 | Amount | Seed - Sole Power | Valuation |
investors |
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| Nov, 2013 | Amount | Seed - Sole Power | 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 Sole Power
Sole Power has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Innovation Works and AlphaLab. 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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Software, hardware, and life sciences startups are funded and accelerated.
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Founded Year | Domain | Location | |
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Accelerator programs supporting startups in technology sectors, including software and robotics, in Pittsburgh.
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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 Sole Power
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Bionic investment advisor platform
|
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 - Sole Power
| 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 |
Sole Power Comparisons
Competitors of Sole Power
Sole Power 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 Codoon, BOA, Sensoria Health, ATO-gear and sendance, 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 |
Smart Wearables and fitness social network for users
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| domain | founded_year | HQ Location |
Smart lacing systems are manufactured for sports footwear enhancement.
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| domain | founded_year | HQ Location |
AI based platform and wearables for aging and post-acute care
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| domain | founded_year | HQ Location |
Wearable solution for runners using smart insoles
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| domain | founded_year | HQ Location |
Sensor-based devices are utilized for orthopedic medical care.
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| 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 Sole Power
When was Sole Power founded?
Sole Power was founded in 2012 and raised its 1st funding round 1 year after it was founded.
Where is Sole Power located?
Sole Power is headquartered in Pittsburgh, United States. It is registered at Pittsburgh, Pennsylvania, United States.
Is Sole Power a funded company?
Sole Power is a funded company, having raised a total of $125K across 4 funding rounds to date.
What does Sole Power do?
Sole Power was founded in 2012 in Pittsburgh, United States, and operates in the wearable technology sector. Cut-to-fit insoles are supplied to harvest kinetic energy from footsteps, with the generated power stored in an external waterproof PowerPac. This unit is attached securely to shoes through a fabric holster integrated with shoelaces and includes a USB port for device charging. Pre-orders for the product are available.
Who are the top competitors of Sole Power?
Sole Power's top competitors include Codoon, BOA and Sensoria Health.
Who are Sole Power's investors?
Sole Power has 2 investors. Key investors include Innovation Works, and AlphaLab.