About Sollum Technologies
Sollum Technologies is a company based in Montreal (Canada) founded in 2015 by Gabriel Dupras, Francois Moisan, and Louis Brun. Sollum Technologies has raised $41.99 million across 9 funding rounds from investors including National Bank of Canada, Idealist Capital and Fondaction. The company has 49 employees. Sollum Technologies offers products and services including SF-E2, SF-ONE, SF-PRO, and SUN as a Service. Sollum Technologies operates in a competitive market with competitors including ecobee, Nanoleaf, Resideo, Operto and BrainBox AI, among others.
- Headquarter Montreal, Canada
- Employees 49
- Founders Gabriel Dupras, Francois Moisan, Louis Brun
- SectorsBusiness ServicesEnergy & Utilities Healthcare Agriculture Industrial Goods & Manufacturing
- Email••••••••
- Phone•••• ••••
- Website sollumtechnologies.com
- Social LinkedIn X Facebook Instagram
- Total Equity Funding$41.99M (USD)
in 9 rounds
- Latest Funding Round$30M (USD), Series B
Jan 2023
- InvestorsNational Bank of Canada
& 10 more
- Employee Count49
Products & Services of Sollum Technologies
Sollum Technologies offers a comprehensive portfolio of products and services, including SF-E2, SF-ONE, SF-PRO, and SUN as a Service.
AI-powered LED for simple HPS to LED transition in greenhouses.
Efficient broad-spectrum LED for high-volume crop production.
Full-spectrum LED for precise plant growth parameter control.
Cloud-based system for real-time light recipe management.
Funding Insights of Sollum Technologies
Sollum Technologies has successfully raised a total of $41.99M across 9 strategic funding rounds. The most recent funding activity was a Series B round of $30 million completed in January 2023. 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 $41.99M
- Total Rounds 9
- Last Round Series B — $30M
- Investors Count 11
All 9 funding rounds of Sollum Technologies 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 |
|---|---|---|---|---|---|
| Jan 2023 | $30M | Series B | – | Idealist Capital | |
| Apr 2022 | $2.5M | Grant | – | – | |
| Feb 2022 | – | Series A | – | Fondaction | – |
| Oct 2020 | $9.11M | Series A | – | Sustainable Development Technology Canada, Invest Quebec | – |
| Jun 2020 | $3.69M | Grant | – | – | |
| Jun 2020 | $878,077 | Debt – Conventional | – | – | |
| Jun 2020 | $1.98M | Seed | – | Invest Quebec | |
| Jun 2017 | $907,777 | Seed | – | Real Ventures, Alter Ego Capital | |
| May 2017 | – | Grant | – | – |
11 investors in total: 9 institutional and 2 angel.
Investors in Sollum Technologies
Sollum Technologies has secured backing from 11 investors, including institutional, venture fund, and angel investors. Prominent investors backing the company include National Bank of Canada, Idealist Capital and Fondaction.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital firm focused on investing in clean tech sectors | – | sdtc.ca | Ottawa, Canada | |
Early-stage venture capital is provided to Canadian technology startups by Real Ventures. | – | realventures.com | Montreal, Canada | |
- | – | alteregocapital.ca | - | |
Early-stage companies are invested in by BoxOne Ventures. | – | boxone.xyz | Montreal, Canada | |
Provides growth capital to entrepreneurs for energy transition and decarbonization projects. | 2022 | idealist.capital | Montreal, Canada | |
Offers sustainable finance and REER for individuals and businesses. | 1996 | fondaction.com | Montreal, Canada | |
Business guidance for corporate companies and startups | – | investquebec.com | Quebec City, Canada | |
Commercial bank | 1859 | nbc.ca | Montreal, Canada | |
Offers accompaniment, financing, and resources for business startup and growth. | 1998 | pmemtl.com | Montreal, Canada | |
JF Jean francois Grenon | - | – | unknown_06b1cb9b637d452ab | - |
Investor details for Sollum Technologies
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People of Sollum Technologies
3 people are tracked at Sollum Technologies (3 in leadership); the tracked headcount is 49.
| Name | Role | Group |
|---|---|---|
Gabriel Dupras | Co-Founder & Director | Leadership |
Francois Moisan | Co-Founder & CTO | Leadership |
Louis Brun | Co-Founder & CEO | Leadership |
Complete people profiles for Sollum Technologies
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Timeline of Sollum Technologies
3 dated milestones of Sollum Technologies across 8 years, from founding to its latest funding, stage changes and deals.
- Founded Sollum Technologies is founded.
- Funding First funding round.
- Funding Latest funding round, Series B, of $30.0M.
Competitors of Sollum Technologies
Sollum Technologies 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 ecobee, Nanoleaf, Resideo, Operto and BrainBox AI, among others.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| ecobee.com | 2007 | Toronto, Canada | $151.52M | – | Provider of smart thermostats for commercial and residential applications | |
| nanoleaf.me | 2012 | Toronto, Canada | $2.9M | 94 | Energy-efficient smart lightbulbs are developed by Nanoleaf. | |
| resideo.com | 2018 | Wilmington, United States | – | 293 | Smart home products for security and energy efficiency are provided. | |
| operto.com | 2005 | Vancouver, Canada | $37.05M | – | Provider of cloud-enabled property automation and access control solutions | |
| brainboxai.com | 2017 | Montreal, Canada | $102.77M | 1 | AI and SaaS-driven HVAC optimization for commercial buildings is provided. | |
| getmysa.com | 2016 | – | $22.91M | – | App-based connected thermostats are provided for high-voltage heating systems. | |
| willdan.com | 1964 | Anaheim, United States | – | 1,540 | Project management solutions are provided for the energy sector. | |
| grcooling.com | 2009 | Austin, United States | $35.46M | 21 | Oil immersion cooling solutions for data centers are provided. | |
| distech-controls.com | 1995 | Brossard, Canada | $37M | – | Building management technologies and services are provided for energy efficiency. | |
| paritygo.com | 2018 | Toronto, Canada | $35.73M | – | Energy consumption is monitored and optimized via cloud-based platforms. |
Detailed competitors of Sollum Technologies
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Web traffic of Sollum Technologies
The website of Sollum Technologies (sollumtechnologies.com) receives about 2.2K visits a month.
- Monthly visits2.2K
▼ 8.7% vs previous month
Latest news on Sollum Technologies
Complete news archive for Sollum Technologies
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Similar companies to Sollum Technologies
10 companies that operate in the same segment as Sollum Technologies (Facility Management Platforms), ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based software is provided for managing outdoor events and activities. | 1999 | Dallas, Texas, United States | USD 313.84 M | – | 2,458 | |
Provider of smart thermostats for commercial and residential applications | 2007 | Toronto, Ontario, Canada | USD 151.52 M | – | – | |
Envoy is recognized for providing workplace management solutions. | 2013 | San Francisco, California, United States | USD 170.5 M | – | – | |
IoT connectivity platform from prototype to production is developed. | 2011 | San Francisco, California, United States | USD 134.87 M | – | 109 | |
Cloud-based video intercoms and physical security systems are provided. | 2000 | Tysons, Virginia, United States | USD 137.36 M | USD 1.01 B | 2,009 | |
Provider of interior design, product supply, and project management services for facilities | 2011 | Mumbai, Maharashtra, India | USD 21.3 M | USD 10.46 M | 292 | |
End-to-end energy management solutions are provided for utilities worldwide. | 1896 | Zug, Zug, Switzerland | USD 1.03 B | USD 1.17 B | 6,300 | |
Corporate workplace and cafeteria digitization solutions are provided. | 2014 | Bengaluru, Karnataka, India | USD 2.24 M | USD 24.03 M | 594 | |
Cloud and app-based facility management and service automation platform | 1999 | New York, New York, United States | USD 56 M | – | – | |
SaaS-based CAFM software is delivered for commercial facility management. | 1995 | Leicester, England, United Kingdom | USD 23.43 M | USD 98.38 M | 774 |
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Frequently Asked Questions about Sollum Technologies
Sollum Technologies was founded in 2015 and raised its 1st funding round 2 years after it was founded.
Sollum Technologies is headquartered in Montreal, Canada. It is registered at Montreal, Quebec, Canada.
Louis Brun is the current CEO of Sollum Technologies. They have also founded this company.
Sollum Technologies is a funded company, having raised a total of $41.99M across 9 funding rounds to date.
Sollum Technologies has 49 employees.
Provider of dynamic LED lighting solutions for horticulture and controlled agriculture. The company offers programmable LED grow lights and a cloud platform to manage light spectra and intensity. Their solution supports growers with light recipes, data monitoring, and agronomic support. The companys products aim to optimize plant growth, energy efficiency, and crop quality in greenhouses and indoor farms.
Sollum Technologies offers SF-E2, SF-ONE, SF-PRO, and SUN as a Service.
Sollum Technologies has 11 investors. Key investors include National Bank of Canada, Idealist Capital, Fondaction, Sustainable Development Technology Canada, and Invest Quebec.