About SOLS Systems
SOLS Systems is a company based in New York (United States) founded in 2013 was acquired by Aetrex in February 2017.. SOLS Systems has raised $25.45 million across 5 funding rounds from investors including Founders Fund, Tenaya Capital and Lux Capital. SOLS Systems operates in a competitive market with competitors including Muse Wearables, Voxelcare, OPED, Kaydiar and Shapecrunch, among others.
- Headquarter New York, United States
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Sectors
HealthcareTechnology
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Phone
*********
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Website
*********
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Social
*********
- Legal Name Sols Systems Inc
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$25.45 M (USD)
in 5 rounds
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Latest Funding Round
$4.45 M (USD), Series B
Feb 02, 2016
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Investors
Founders Fund
& 12 more
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Employee Count
Employee Count
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Acquired by
Aetrex
(Feb 22, 2017)
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Funding Insights of SOLS Systems
SOLS Systems has successfully raised a total of $25.45M across 5 strategic funding rounds. The most recent funding activity was a Series B round of $4.45 million completed in February 2016. 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 Series B — $4.4M
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First Round
First Round
(22 Nov 2013)
- Investors Count 12
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Feb, 2016 | Amount | Series B - SOLS Systems | Valuation |
investors |
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| Feb, 2015 | Amount | Series B - SOLS Systems | Valuation |
investors |
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| Mar, 2014 | Amount | Series A - SOLS Systems | Valuation | Lux Capital |
| 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 SOLS Systems
SOLS Systems has secured backing from 13 investors, including venture fund investors. Prominent investors backing the company include Founders Fund, Tenaya Capital and Lux Capital. 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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Venture capital investments in technology and defense sectors.
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Founded Year | Domain | Location | |
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Investment and partnership services for entrepreneurs in finance and growth support.
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Founded Year | Domain | Location | |
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Seed and early-stage technology companies are funded by Lux Capital.
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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 SOLS Systems
| 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 - SOLS Systems
| 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 |
Sols Systems Comparisons
Competitors of SOLS Systems
SOLS Systems 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 Muse Wearables, Voxelcare, OPED, Kaydiar and Shapecrunch, 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 |
Smartwatch and app for fitness and nutrition tracking are developed.
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| domain | founded_year | HQ Location |
CAD/CAM systems for foot care and footwear are developed.
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| domain | founded_year | HQ Location |
A range of orthopedic rehabilitation products
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| domain | founded_year | HQ Location |
Medical devices for pressure-induced wounds and lesions are developed.
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| domain | founded_year | HQ Location |
3D printed custom insoles for shoes
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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 Sols Systems
Frequently Asked Questions about SOLS Systems
When was SOLS Systems founded?
SOLS Systems was founded in 2013.
Where is SOLS Systems located?
SOLS Systems is headquartered in New York, United States. It is registered at New York, New York, United States.
Is SOLS Systems a funded company?
SOLS Systems is a funded company, having raised a total of $25.45M across 5 funding rounds to date. The company's 1st funding round was a Series A of $6.4M, raised on Nov 22, 2013.
What does SOLS Systems do?
Sols offers custom 3D-printed insoles for consumer and medical applications. Before ordering, patients and practitioners can review and update an interactive model of the product they have created and make prescription and feature changes in real-time. Products can be used for corrective pain relief. Backed by strategic investor ALM (Advanced Laser Materials) of Austin, Texas.
Who are the top competitors of SOLS Systems?
SOLS Systems's top competitors include Muse Wearables, Kaydiar and Voxelcare.
Who are SOLS Systems's investors?
SOLS Systems has 13 investors. Key investors include Founders Fund, Tenaya Capital, Lux Capital, RRE Ventures, and Rothenberg Ventures.