About Solo Technologies
Solo Technologies is a Technology company based in Seattle (United States) founded in 2020 by Keith Ng. Online platform offering income, and expenses tracking solutions to individuals. It operates in the Technology and Financial Services sectors. Solo Technologies has raised $5.3 million across 1 funding round from investors including Slow Ventures, Expa and Red Sea Ventures. Its website worksolo.com draws about 28 thousand monthly visits. Solo Technologies offers products and services including Solo App, Smart Schedule, and Pay Guarantee. Its focus areas include Gig Economy, Freelancer IT, Financial Solutions and Payment Protection. Its legal entity is Solo Technologies, Inc. Its competitors include Nvoicepay, Resolve Corp and Gig Wage; 3 of its 3 listed competitors have raised funding.
Company details
Solo Technologies was founded in 2020 in Seattle, United States, as a fintech platform focused on personal finance for gig workers such as drivers, shoppers, and other independent contractors. Accounts are linked to offer a segregated view of incomes and expenses. Tracking of income and expenses is enabled, along with tax estimation and personalized pay predictions. The service is accessible through a mobile application on iOS and Android devices.
- Headquarters Seattle, United States
- Founders Keith Ng
- SectorsTechnologyFinancial Services
- Email••••••••
- Website worksolo.com
- Social LinkedIn X
- Legal Name Solo Technologies, Inc
- Total Equity Funding$5.3M (USD)
in 1 rounds
- Latest Funding Round$5.3M (USD), Seed
Aug 2021
- InvestorsSlow Ventures
& 9 more
Products & Services of Solo Technologies
Solo Technologies offers a comprehensive portfolio of products and services, including Solo App, Smart Schedule, and Pay Guarantee.
Tool for tracking income, mileage, and scheduling to optimize gig work earnings.
Feature using data to predict and guarantee pay for gig workers.
System that ensures daily earnings based on predictions and compensates shortfalls.
Apps and channels of Solo Technologies
Solo Technologies publishes 3 mobile apps with over 200K+ downloads.
Funding Insights of Solo Technologies
Solo Technologies has successfully raised a total of $5.3M through 1 strategic funding round. The most recent funding activity was a Seed round of $5.3 million completed in August 2021. 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 $5.3M
- Total Rounds 1
- Last Round Seed — $5.3M
- First Round $5.3M
(Aug 2021)
- Investors Count 10
All 1 funding rounds of Solo 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 |
|---|---|---|---|---|---|
| Aug 2021 | $5.3M | Seed | – | Slow Ventures |
10 investors in total: 6 institutional and 4 angel.
Investors in Solo Technologies
Solo Technologies has secured backing from 10 investors, including venture fund and angel investors. Prominent investors backing the company include Slow Ventures, Expa and Red Sea Ventures.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Early-stage tech investments are made primarily in US companies. | slow.co | New York, United States | ||
Startups are incubated across sectors by the agnostic studio. | expa.com | San Francisco, United States | ||
Venture capital investment firm based out of USA | redseaventures.com | New York, United States | ||
Ascend is recognized as a pre-seed venture capital fund based in the Pacific Northwest. | ascend.vc | Seattle, United States | ||
Software startups are invested in by FUSE venture capital fund. | fuse.vc | Bellevue, United States | ||
| kindergarten.ventures | ||||
HC Harry Campbell | unknown_ffa236164aa74533a | |||
DL Dan Lewis | Angel investor and entrepreneur, co-founder of Convoy, focusing on tech startups. | unknown_88c7c5bf44a04036a | ||
RH Rob Hayes | Partner at First Round Capital, active angel investor in tech startups | unknown_214c3060dfb14346b | ||
JW Jeff Wilke | Former Amazon executive, angel investor, focused on tech and innovation. | unknown_c079f5de07ae4c528 |
Investor details for Solo Technologies
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
- Complete investor list
- Round participation
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- Co-investor network
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People of Solo Technologies
9 people are tracked at Solo Technologies (5 in leadership, 4 in team).
| Name | Role | Group |
|---|---|---|
Keith Ng | Co-Founder | Leadership |
Tania F. | Interim Chief Marketing Officer | Leadership |
Bryce Bennett | CEO & Cofounder | Leadership |
Thushara Wijeratna | Head Of Engineering | Leadership |
Araceli Benitez | Head Of Growth | Leadership |
Scarlett Ao | Software Engineer | Team |
Shashwat Sapkota | Senior Software Engineer | Team |
Sachit Karki | Senior Software Engineer | Team |
Dip Pokharel | Software Engineer | Team |
Complete people profiles for Solo Technologies
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of Solo Technologies
2 dated milestones of Solo Technologies across 1 years, from founding to its latest funding, stage changes and deals.
- Founded Solo Technologies is founded.
- Funding First funding round of $5.3M.
Competitors of Solo Technologies
Solo Technologies has 3 listed competitors in our database, 3 of them funded. They include Nvoicepay, Resolve Corp and Gig Wage.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| nvoicepay.com | 2009 | Beaverton, United States | $28.79M | 118 | AP automation, commercial cards, and cross-border payments are provided. | |
| resolvepay.com | 2006 | San Francisco, United States | $85M | Provider of B2B net terms financing and accounts receivable automation | ||
| gigwage.com | 2014 | Dallas, United States | $11.5M | Payroll and payment solutions are managed for on-demand workforces. |
Detailed competitors of Solo Technologies
The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.
- Full competitor set
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Web traffic of Solo Technologies
The website of Solo Technologies (worksolo.com) receives about 27.7K visits a month.
- Monthly visits27.7K
▲ 12.6% vs previous month
Websites whose visitors overlap most with Solo Technologies. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| solofunds.com | 100% | 41.8K | #763,805 | View details | |
uberpeople.net | uberpeople.net | 78% | #222,976 | – | |
| therideshareguy.com | 74% | #492,676 | View details | ||
| inshur.com | 44% | 159.8K | #208,532 | View details | |
| gosolo.io | 24% | 19.8K | #770,029 | View details |
Top companies in Finance & Accounting Applications
3 companies that operate in the same segment as Solo Technologies (Finance & Accounting Applications) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Cloud-based accounts payable and receivable software for businesses | 2006 | Palo Alto, California, United States | USD 325.6 M | USD 1.65 B | 3,108 | |
Corporate travel and expense management are facilitated through SaaS platform. | 2015 | Palo Alto, California, United States | USD 1.58 B | USD 3.52 M | 847 | |
Financial and accounting software is developed for businesses and individuals. | 1983 | Mountain View, California, United States | USD 49.62 M | USD 21.45 B | 18,200 |
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Related news about Solo Technologies
Complete news archive for Solo Technologies
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Frequently Asked Questions about Solo Technologies
Solo Technologies was founded in 2020 and raised its 1st funding round 1 year after it was founded.
Solo Technologies is headquartered in Seattle, United States. It is registered at Seattle, Washington, United States.
Solo Technologies is a funded company, having raised a total of $5.3M across 1 funding round to date. The company's 1st funding round was a Seed of $5.3M, raised on Aug 2021.
Solo Technologies was founded in 2020 in Seattle, United States, as a fintech platform focused on personal finance for gig workers such as drivers, shoppers, and other independent contractors. Accounts are linked to offer a segregated view of incomes and expenses. Tracking of income and expenses is enabled, along with tax estimation and personalized pay predictions. The service is accessible through a mobile application on iOS and Android devices.
Solo Technologies's top competitors include Nvoicepay, Gig Wage and Resolve Corp.
Solo Technologies offers Solo App, Smart Schedule, and Pay Guarantee.
Solo Technologies has 10 investors. Key investors include Slow Ventures, Expa, Red Sea Ventures, Ascend, and Harry Campbell.
Solo Technologies operates through Solo Technologies, Inc.
Yes. Solo Technologies publishes Solo: Your Gig Business App and 2 more apps, with over 200,000 downloads.