About Solis
Solis is a company based in San Francisco (United States) founded in 2008. It operates as a Direct-to-Consumer (D2C) and Subscription Services. Solis has raised $63.5 million across 3 funding rounds from investors including Lenovo, Mesh Ventures and Vickers Venture Partners. Solis offers products and services including Solis Go Hotspot, Solis Lite, Solis Pro, and Lifetime Data Plan. Solis operates in a competitive market with competitors including Airalo, Helium, iBUS, Boingo Wireless and WiFi, among others.
- Headquarter San Francisco, United States
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Sectors
Telecommunications
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Email
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Phone
Locked
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Website
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Social
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- Legal Name Simo Holdings Inc.
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Annual Revenue
Not available
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Net Profit
Not available
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EBITDA
Not available
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Total Equity Funding
$63.5 M (USD)
in 3 rounds
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Latest Funding Round
$20 M (USD), Series C
Sep 25, 2019
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Investors
Lenovo
& 7 more
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Employee Count
Not available
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Products & Services of Solis
Solis offers a comprehensive portfolio of products and services, including Solis Go Hotspot, Solis Lite, Solis Pro, and Lifetime Data Plan.
Portable hotspot and power bank for global connectivity.
Compact Wi-Fi hotspot for global internet access anywhere.
Advanced 5G hotspot for high-speed internet worldwide.
Monthly 1GB global data included with hotspots.
Funding Insights of Solis
Solis has successfully raised a total of $63.5M across 3 strategic funding rounds. The most recent funding activity was a Series C round of $20 million completed in September 2019. 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.
Investors in Solis
Solis has secured backing from 8 investors, including venture fund and institutional investors. Prominent investors backing the company include Lenovo, Mesh Ventures and Vickers Venture Partners.
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Growth-stage venture capital is invested in Singapore and China.
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Investments in early-stage tech startups are made by JAFCO Asia.
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Investor details for Solis
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Investments & Acquisitions by Solis
Investment portfolio details for Solis
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- Transaction dates
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Financial Statements - Solis
Detailed financials for Solis
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Solis Comparisons
Peer comparison for Solis
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- Named peers
- Headcount comparison
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Competitors of Solis
Solis 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 Airalo, Helium, iBUS, Boingo Wireless and WiFi, among others.
| Company Name | Domain | Founded year | HQ Location | Description |
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Operator of eSIM stores intended to provide connectivity to travellers
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Cryptocurrency mining hardware is provided, connecting low-powered devices to gateways.
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Provider of digital infrastructure and connectivity solutions for businesses and institutions
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Wireless WiFi internet services are provided to users worldwide.
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App for quickly connecting to wifi hotspots without a password
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Internet services are provided by WeLink in the United States.
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Detailed competitors of Solis
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Latest news on Solis
Complete news archive for Solis
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Frequently Asked Questions about Solis
Solis was founded in 2008 and raised its 1st funding round 7 years after it was founded.
Solis is headquartered in San Francisco, United States. It is registered at San Francisco, California, United States.
Solis is a funded company, having raised a total of $63.5M across 3 funding rounds to date.
Portable Wi-Fi hotspot devices are offered by Solis for seamless global internet connectivity in over 140 countries. Solutions include 4G and 5G hotspots like Solis Go, Solis Lite, and Solis Pro, alongside innovative data plans such as the Lifetime Data Plan with monthly global data. The technology sector is primarily served, focusing on telecommunications and wireless services for travelers, remote workers, and individuals needing reliable internet and power bank functionality on the go.
Solis offers Solis Go Hotspot, Solis Lite, Solis Pro, and Lifetime Data Plan.
Solis has 8 investors. Key investors include Lenovo, Mesh Ventures, Vickers Venture Partners, Premier Ventures, and Phi Ventures.