About Solera
Solera is a Financial Services company based in Dallas (United States) founded in 2006, and was acquired by Vista Equity Partners in September 2015. Integrated automotive software solutions are provided for enhanced efficiency. It operates on a SaaS (Software-as-a-Service) and Managed Services model. Solera has completed 21 acquisitions, including APU Solutions, Actual Systems and Autodata. Its website solera.com draws about 230 thousand monthly visits. Solera offers products and services including Vehicle Claims Solutions, Vehicle Repair Solutions, Fleet Solutions, and Vehicle Solutions. Its focus areas include Technology, Software and Automotive Software. Its legal entity is Solera Holdings, LLC. Its competitors include Snapsheet, Boundless Rider and Claim Genius; 3 of its 3 listed competitors have raised funding.
Company details
Automotive software solutions are developed by Solera to streamline processes across the vehicle lifecycle. Data-driven intelligence and AI are utilized to support dealers, insurers, repairers, and fleets. Sectors such as vehicle claims, repairs, fleet management, and dealer operations are covered. Comprehensive solutions are offered to accelerate business outcomes through efficient claims processing, accurate repair data, and real-time fleet intelligence. Innovation is driven by extensive data collection at every touchpoint, ensuring instant answers and operational scalability for customers globally.
- Headquarters Dallas, United States
- Stage Acquired
- SectorsFinancial Services
- Phone•••• ••••
- Website solera.com
- Social LinkedIn X Facebook YouTube
- Acquired by Vista Equity Partners (Sep 2015)
- Legal Name Solera Holdings, Llc
- InvestorsGoldman Sachs
& 3 more
- Investments & AcquisitionsAPU Solutions
& 20 more
- Acquired byVista Equity Partners
(Sep 2015)
Products & Services of Solera
Solera offers a comprehensive portfolio of products and services, including Vehicle Claims Solutions, Vehicle Repair Solutions, Fleet Solutions, and Vehicle Solutions.
AI-driven workflows are used for claims processing efficiency.
Repair data is provided for accurate shop management tools.
Fleet intelligence is offered for safety and performance tracking.
End-to-end solutions are delivered for dealer business management.
Apps and channels of Solera
Solera publishes 1 mobile app with over 100 downloads; its YouTube channel Solera - Vehicle Life Cycle Management Solutions has 3.51K subscribers and 30 videos.
Videos from Solera
The most watched videos on Solera's YouTube channel, Solera - Vehicle Life Cycle Management Solutions (3.51K subscribers). Click a video to play it here.
Funding Insights of Solera
- Total Rounds 1
- Investors Count 1
All 1 funding rounds of Solera with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| May 2016 | Unspecified | – | – |
4 investors in total: 4 institutional.
Investors in Solera
Solera has secured backing from 4 investors, including venture fund investors. Prominent investors backing the company include Goldman Sachs, Koch Equity Development and BPEA EQT.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Private equity and real estate investment firm | 1997 | bpeasia.com | Beijing, China | |
Investment banking services are delivered across multiple financial sectors. | 1869 | goldmansachs.com | New York, United States | |
Private equity investments are focused on the United States market. | 2003 | kochequity.com | Wichita, United States | |
Investments are directed toward high-growth enterprise software and technology companies. | vistaequitypartners.com | Austin, United States |
Investor details for Solera
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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Verified entity values are shown only after access is granted.
People of Solera
343 people are tracked at Solera (88 in leadership, 4 in board & advisors, 251 in team).
| Name | Role | Group |
|---|---|---|
Mei Kuo | VP Accounting, Solera NA C2c | Leadership |
Alberto Cairo | CFO & Managing Director, North America | Leadership |
Radhika Goel | Director Of Software Engineering | Leadership |
Darko Dejanovic | Chief Executive Officer | Leadership |
Ajit Ramalingam | Chief Accounting Officer (cao) | Leadership |
Katrina Welch | Vice President - Tax | Leadership |
Rafael Mateu de Ros | VP Marketing - International | Leadership |
Chris Zobel | Creative Director, Global Marketing | Leadership |
Anandji Nigam | VP Of Engineering | Leadership |
Aki Kettunen | Vice President Of Product Management | Leadership |
Shannon McNamara | Director Global Marketing & Sales Technology | Leadership |
Kevin Hayes | Vice President | Global Infrastructure Operations | Leadership |
Christopher Vela | Director Of Global Database Operations | Leadership |
Hayley Gibson | Vice President, IT Service Delivery | Leadership |
J. Brown | IT Director | Leadership |
Venkata Surya Garikipati | Director Of Product Management | Leadership |
Andrew Cockle | Vice President Procurement | Leadership |
Hideo Esaka | Chief Marketing Officer | Leadership |
Chris Cline | Vp, Global IT Security And Compliance | Leadership |
Benjamin de Gaudusson | International Fp&a Director | Leadership |
323 more people are available in the full profile.
Complete people profiles for Solera
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Investments & Acquisitions by Solera
Solera has strategically engaged in corporate development activities, having acquired 21 companies. Notable acquisitions include APU Solutions, Actual Systems and Autodata.
| Company Name | Description | Domain | Location | Founded | Acquired | Amount |
|---|---|---|---|---|---|---|
SaaS-enabled solutions for fleet and field service management are offered. | spireon.com | Knoxville, United States | 2003 | Feb 2022 | •••• | |
Develops specialized software for efficient insurance claims management. | endataclaims.com | Brisbane, Australia | 2009 | Jul 2021 | •••• | |
Online driver training and risk management services are offered. | edriving.com | Oakland, United States | 1998 | Jun 2021 | •••• | |
Automotive dealership management solutions are delivered via a tech-enabled platform. | dealersocket.com | San Clemente, United States | 2001 | May 2021 | •••• | |
Cloud-based fleet management solutions are provided for transportation operations. | omnitracs.com | Dallas, United States | 1985 | May 2021 | •••• | |
SaaS-based digital damage management for automotive sector is delivered. | insypro.com | Fort Worth, United States | 2010 | Dec 2020 | •••• | |
Software as a Service provider for Insurance industry | in4mo.com | Espoo, Finland | 2007 | Feb 2019 | •••• | |
SaaS-based DMS software is offered for auto dealers. | getredcap.com | Fort Lauderdale, United States | 2010 | Mar 2018 | •••• | |
Provider of repair services | cesvibrasil.com.br | Sao Paulo, Brazil | 1994 | Mar 2018 | •••• | |
Data management platform is provided for insurance process automation. | colimbra.com | Noordwijk, Netherlands | 2003 | Jun 2017 | •••• |
Complete acquisition details for Solera
Acquired stakes, deal sources and the complete acquisition history require an active premium plan.
- Acquired stakes
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- Complete history
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Verified entity values are shown only after access is granted.
Timeline of Solera
13 dated milestones of Solera across 16 years, from founding to its latest funding, stage changes and deals.
- Founded Solera is founded.
- Exit Acquired by Vista Equity Partners.
- Funding First funding round.
- Acquisition Acquires Colimbra.
- Acquisition Acquires CESVI BRASIL.
- Acquisition Acquires RedCap.
- Acquisition Acquires in4mo.
- Acquisition Acquires InSyPro.
- Acquisition Acquires DealerSocket.
- Acquisition Acquires Omnitracs.
- Acquisition Acquires eDriving.
- Acquisition Acquires ENData Insurance Claims.
- Acquisition Acquires Spireon.
Competitors of Solera
Solera has 3 listed competitors in our database, 3 of them funded. They include Snapsheet, Boundless Rider and Claim Genius.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| snapsheetclaims.com | 2011 | Chicago, United States | $103.27M | 106 | Cloud-based software is offered for auto insurance claim management. | |
| boundlessrider.com | 2021 | Medford, United States | $11M | Two-wheeler insurance products are provided via an online platform. | ||
| claimgenius.com | 2017 | Iselin, United States | $10.55M | 112 | AI-based claims management is delivered for auto insurance. |
Detailed competitors of Solera
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Web traffic of Solera
The website of Solera (solera.com) receives about 229.7K visits a month.
- Monthly visits229.7K
▲ 16.3% vs previous month
Websites whose visitors overlap most with Solera. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
audanet.pl | audanet.pl | 100% | – | ||
| elementfleet.com | 96% | 72.5K | #357,391 | View details | |
| coverager.com | 57% | 99.1K | #454,509 | View details | |
| adapthealth.com | 57% | 490K | #115,022 | View details | |
cuk.pl | cuk.pl | 57% | #90,123 | – |
Top companies in Insurance Technology & Support Services
3 companies that operate in the same segment as Solera (Insurance Technology & Support Services) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based platform for property and casualty insurance is provided. | 2001 | San Mateo, California, United States | USD 1.48 B | 226 | ||
Claims administration, loss adjusting, and benefits management services are provided. | 1969 | Memphis, Tennessee, United States | USD 2.63 M | |||
Online property and casualty insurance is provided for businesses. | 2017 | San Francisco, California, United States | USD 800 M | 699 |
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Related news about Solera
Complete news archive for Solera
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Frequently Asked Questions about Solera
Solera was founded in 2006 and raised its 1st funding round 10 years after it was founded.
Solera is headquartered in Dallas, United States. It is registered at Dallas, Texas, United States.
Automotive software solutions are developed by Solera to streamline processes across the vehicle lifecycle. Data-driven intelligence and AI are utilized to support dealers, insurers, repairers, and fleets. Sectors such as vehicle claims, repairs, fleet management, and dealer operations are covered. Comprehensive solutions are offered to accelerate business outcomes through efficient claims processing, accurate repair data, and real-time fleet intelligence. Innovation is driven by extensive data collection at every touchpoint, ensuring instant answers and operational scalability for customers globally.
Solera's top competitors include Snapsheet, Claim Genius and Boundless Rider.
Solera offers Vehicle Claims Solutions, Vehicle Repair Solutions, Fleet Solutions, and Vehicle Solutions.
Solera has made 21 acquisitions, including APU Solutions, Actual Systems, and Autodata.
Solera has 4 investors. Key investors include Goldman Sachs, Koch Equity Development, BPEA EQT, and Vista Equity Partners.
Solera operates through Solera Holdings, Llc.
Yes. Solera was acquired by Vista Equity Partners in September 2015.
Yes. Solera publishes Qapter Mobile Inspection, with over 100 downloads.
The website of Solera receives about 230 thousand visits a month.