About SOLEM
SOLEM is a company based in Clapiers (France) founded in 1984.. SOLEM has raised $5.46 million across 1 funding round from investors including Turenne Groupe. SOLEM offers products and services including Station d’irrigation, WooBee, LR-PM, LR-PR, and LR-MB-10. SOLEM operates in a competitive market with competitors including Rachio, Irrigreen, RAIN, Demand Side Instruments and Reinke Manufacturing, among others.
- Headquarter Clapiers, France
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Sectors
EnvironmentAgriculture
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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 Solem S.A.S.
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$5.46 M (USD)
in 1 rounds
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Latest Funding Round
$5.46 M (USD), Private Equity Round
Dec 02, 2008
- Investors
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Employee Count
Employee Count
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Products & Services of SOLEM
SOLEM offers a comprehensive portfolio of products and services, including Station d’irrigation, WooBee, LR-PM, LR-PR, and LR-MB-10. 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.
Device connecting up to 24 modules for climate data monitoring
App-based tool for programming garden watering systems
Automates control of master valves and pumps remotely
Measures pressure in irrigation installations
Connects up to 10 modules for various applications
Funding Insights of SOLEM
SOLEM has successfully raised a total of $5.46M through 1 strategic funding round. The most recent funding activity was a Private Equity Round round of $5.46 million completed in December 2008. 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 Private Equity Round — $5.5M
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First Round
First Round
(02 Dec 2008)
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Dec, 2008 | Amount | Private Equity Round - SOLEM | Valuation | Turenne Groupe |
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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 SOLEM
SOLEM has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Turenne Groupe. 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 made in companies across diverse sectors.
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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 SOLEM
| 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 - SOLEM
| 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 |
Solem Comparisons
Competitors of SOLEM
SOLEM 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 Rachio, Irrigreen, RAIN, Demand Side Instruments and Reinke Manufacturing, 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 |
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| domain | founded_year | HQ Location |
Smart sprinkler controllers and flow meters are provided by Rachio.
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| domain | founded_year | HQ Location |
Provider of smart sprinkler systems and irrigation solutions
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| domain | founded_year | HQ Location |
Smart irrigation systems are manufactured for residential and professional applications.
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| domain | founded_year | HQ Location |
Provider of irrigation solutions for agriculture
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| domain | founded_year | HQ Location |
Produces irrigation equipment for farming, including center pivots and precision tools.
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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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Frequently Asked Questions about SOLEM
When was SOLEM founded?
SOLEM was founded in 1984 and raised its 1st funding round 24 years after it was founded.
Where is SOLEM located?
SOLEM is headquartered in Clapiers, France. It is registered at Clapiers, Herault, France.
Is SOLEM a funded company?
SOLEM is a funded company, having raised a total of $5.46M across 1 funding round to date. The company's 1st funding round was a Private Equity Round of $5.46M, raised on Dec 02, 2008.
What does SOLEM do?
SOLEM was established in 1984 in Clapiers, France, as a provider in the irrigation technology sector. Connected devices, including Bluetooth tap timers, controllers, and accessories, are offered for residential and agricultural applications. Operations focus on smart solutions for water management in gardens and fields, with products designed for integration into connected systems. The companys domain, solem-irrigation.com, supports these offerings across Europe.
Who are the top competitors of SOLEM?
SOLEM's top competitors include Rachio, Irrigreen and Orbit Irrigation.
What products or services does SOLEM offer?
SOLEM offers Station d’irrigation, WooBee, LR-PM, LR-PR, and LR-MB-10.
Who are SOLEM's investors?
SOLEM has 1 investor. Key investors include Turenne Groupe.
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