About Solifi
Solifi is a company based in Minneapolis (United States) founded in 1974 was acquired by TA in October 2024.. Solifi has completed 2 acquisitions, including DataScan and Leasepath. Solifi operates in a competitive market with competitors including KOMGO, Tradeteq, Augure, Teylor and Lendscape, among others.
- Headquarter Minneapolis, United States
-
Sectors
Financial Services
-
Phone
*********
-
Website
*********
-
Social
*********
-
Annual Revenue
-
Net Profit
-
EBITDA
-
Latest Funding Round
-
Investors
Thoma Bravo
& 1 more
-
Employee Count
Employee Count
-
Investments & Acquisitions
DataScan
& 1 more
- Acquired by
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Unlock access to complete
Unlock access to complete
Unlock access to complete
Funding Insights of Solifi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Solifi
Solifi has secured backing from 2 investors, including venture fund investors. Prominent investors backing the company include Thoma Bravo and TA Associates. 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 |
|---|---|---|---|---|
|
Multiple sectors are invested in by private equity firm TA.
|
Founded Year | Domain | Location | |
|
Software and technology-enabled services companies are targeted for investment.
|
Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
|
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
|
Founded Year | Domain | Location | |
|
Startup ecosystems are ignited through strategic investments by Signite Partners.
|
Founded Year | Domain | Location | |
|
Venture capital is directed toward companies in multiple sectors.
|
Founded Year | Domain | Location | |
|
Venture capital is invested in cybersecurity, fintech, and AI startups.
|
Founded Year | Domain | Location |
Investments & Acquisitions by Solifi
Solifi has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include DataScan and Leasepath. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Bionic investment advisor platform
|
2016 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Fine Asian gourmet food is offered by an internet-first restaurant.
|
2016 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
Cloud based lease & loan origination software
|
1998 | ||||
|
DataScan is recognized as a partner in wholesale lending solutions.
|
0 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
|
OVO is recognized as a smart digital payment application.
|
2017 | ||||
|
Bionic investment advisor platform
|
2016 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 | ||||
|
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
|
2014 |
Financial Statements - Solifi
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
|
| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Solifi Comparisons
Competitors of Solifi
Solifi 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 KOMGO, Tradeteq, Augure, Teylor and Lendscape, 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 |
Blockchain-based loan management solutions for trade finance are provided.
|
|
| domain | founded_year | HQ Location |
Provider of an online marketplace for trade finance
|
|
| domain | founded_year | HQ Location |
Loan management software is provided for business lenders.
|
|
| domain | founded_year | HQ Location |
Cloud-based digital lending for small and medium-sized businesses is automated.
|
|
| domain | founded_year | HQ Location |
Software solutions for secured lending and invoice factoring are provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based loan life cycle management for asset finance is offered.
|
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
|
|
| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
|
|
| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
|
|
| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
|
Latest news on Solifi
Frequently Asked Questions about Solifi
When was Solifi founded?
Solifi was founded in 1974.
Where is Solifi located?
Solifi is headquartered in Minneapolis, United States. It is registered at Minneapolis, Minnesota, United States.
Who is the current CEO of Solifi?
David Hamilton is the current CEO of Solifi.
What does Solifi do?
Solifi was founded in 1974 in Minneapolis, United States, within the financial technology sector. Cloud-based platforms are offered to handle various stages of the loan life cycle for businesses. Focus is placed on equipment financing, working capital loans, and automotive financing. Integrated CRM tools, tax calculation features, and security services are included to support operations across these areas.
Who are the top competitors of Solifi?
How many acquisitions has Solifi made?
Who are Solifi's investors?
Solifi has 2 investors. Key investors include Thoma Bravo, and TA Associates.