About Solo Funds
Solo Funds is a company based in Los Angeles (United States) founded in 2018.. Solo Funds has raised $12.92 million across 5 funding rounds from investors including Techstars, Gener8tor and Serena Ventures. Solo Funds operates in a competitive market with competitors including LendingPoint, Prosper, Lendable, Dharma and OneBlinc, among others.
- Headquarter Los Angeles, United States
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Sectors
Financial Services
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Email
***********
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Phone
*********
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Website
*********
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Social
*********
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$12.92 M (USD)
in 5 rounds
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Latest Funding Round
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Investors
Techstars
& 16 more
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Employee Count
Employee Count
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Funding Insights of Solo Funds
Solo Funds has successfully raised a total of $12.92M across 5 strategic funding rounds. 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 5
- Last Round Last Round
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First Round
First Round
(03 Apr 2018)
- Investors Count 17
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2023 | Amount | Series A - Solo Funds | Valuation | Serena Ventures |
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| Jun, 2021 | Amount | Series A - Solo Funds | Valuation | Gener8tor |
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| Feb, 2021 | Amount | Series A - Solo Funds | Valuation | ACME |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 Solo Funds
Solo Funds has secured backing from 17 investors, including venture fund, angel, and institutional investors. Prominent investors backing the company include Techstars, Gener8tor and Serena Ventures. 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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Investments are made in early-stage startups by Serena Ventures.
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Founded Year | Domain | Location | |
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Startups are accelerated via a 12-week program with funding support.
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Founded Year | Domain | Location | |
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Early-stage investments are directed toward disruptive technologies and innovations.
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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 Solo Funds
| 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 - Solo Funds
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| 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 |
Solo Funds Comparisons
Competitors of Solo Funds
Solo Funds 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 LendingPoint, Prosper, Lendable, Dharma and OneBlinc, 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 |
Personal loans are facilitated through an online marketplace platform.
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| domain | founded_year | HQ Location |
Peer-to-peer lending platform connecting borrowers and investors.
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| domain | founded_year | HQ Location |
Personal loans are enabled via an online P2P marketplace.
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| domain | founded_year | HQ Location |
Global lending is enabled through blockchain records and credit checks.
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| domain | founded_year | HQ Location |
Loans are facilitated for federal employees via an online marketplace.
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| domain | founded_year | HQ Location |
Debt refinancing is enabled online for accredited investors by invitation.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| 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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Latest news on Solo Funds
Frequently Asked Questions about Solo Funds
When was Solo Funds founded?
Solo Funds was founded in 2018.
Where is Solo Funds located?
Solo Funds is headquartered in Los Angeles, United States. It is registered at Los Angeles, California, United States.
Is Solo Funds a funded company?
Solo Funds is a funded company, having raised a total of $12.92M across 5 funding rounds to date. The company's 1st funding round was a Series A of $10M, raised on Apr 03, 2018.
What does Solo Funds do?
SoLo was founded in 2018 in Los Angeles, United States, within the fintech sector. A peer-to-peer marketplace platform for personal loans is operated, where borrowers are matched with investors and lenders. Matches are determined based on credit scores to facilitate funding. The platform is delivered through an Android app, enabling access for users in the lending ecosystem.
Who are the top competitors of Solo Funds?
Solo Funds's top competitors include Lendable, Prosper and LendingPoint.
Who are Solo Funds's investors?
Solo Funds has 17 investors. Key investors include Techstars, Gener8tor, Serena Ventures, ACME Capital, and Impact America Fund.