About SOLS Systems
SOLS Systems is a Healthcare company based in New York (United States) founded in 2013, and was acquired by Aetrex in February 2017. 3D printed custom orthotics insoles. It operates in the Healthcare and Technology sectors. SOLS Systems has raised $25.45 million across 5 funding rounds from investors including Founders Fund, Tenaya Capital and Lux Capital. The company was acqui-hired. Its focus areas include Life Sciences, Orthopedics, Medical Devices and Therapies. Its legal entity is Sols Systems Inc. Its competitors include Foot Solutions and inStryde; 1 of its 2 listed competitors has raised funding.
Company details
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.
- Total Equity Funding$25.45M (USD)
in 5 rounds
- Latest Funding Round$4.45M (USD), Series B
Feb 2016
- InvestorsFounders Fund
& 12 more
- Acquired byAetrex
(Feb 2017)
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 $25.45M
- Total Rounds 5
- Last Round Series B — $4.45M
- First Round $1.75M
(Nov 2013)
- Investors Count 12
All 5 funding rounds of SOLS Systems 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 |
|---|---|---|---|---|---|
| Feb 2016 | $4.45M | Series B | – | – | – |
| Feb 2015 | $11.1M | Series B | – | – | |
| Mar 2014 | $6.4M | Series A | – | Lux Capital | |
| Jan 2014 | $1.75M | Series A | – | – | |
| Nov 2013 | $1.75M | Seed | – | Lux Capital |
13 investors in total: 13 institutional.
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.
| Investor | Description | Founded Year | Domain | Location |
|---|---|---|---|---|
Venture capital investments in technology and defense sectors. | foundersfund.com | |||
Investment and partnership services for entrepreneurs in finance and growth support. | tenayacapital.com | |||
Seed and early-stage technology companies are funded by Lux Capital. | luxcapital.com | Menlo Park, United States | ||
VC firm investing in seed and early stage companies in the US | rre.com | New York, United States | ||
Early-stage US companies are invested in by Rothenberg Ventures. | rothenbergventures.com | San Francisco, United States | ||
Tech startups are funded by multi-family backed GrapeArborVC. | grapearborvc.com | New York, United States | ||
Investments in technology startups are made by Felicis Ventures. | felicis.com | Menlo Park, United States | ||
Micro VC firm investing in seed stage companies in the US, Germany and the UK | foundersguild.com | New York, United States | ||
Tech focused VC firm investing in early and growth stage companies in the US | expansionvc.com | New York, United States | ||
Venture capital investment firm | siliconbadia.com | New York, United States |
Investor details for SOLS Systems
The complete investor list, round-by-round participation and investor portfolios require an active premium plan.
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People of SOLS Systems
38 people are tracked at SOLS Systems (15 in leadership, 23 in team).
| Name | Role | Group |
|---|---|---|
Larry Schwartz | CEO | Leadership |
Kumar Rajan | Senior Vice President Of Engineering | Leadership |
Alexander Choy | Director, Data Engineering | Leadership |
Brad Kinnas | VP Of Ecommerce & Digital Marketing | Leadership |
Whitney Alan | Vice President Marketing | Leadership |
Oded Sundjyevsky | Director Of Education And Training | Leadership |
Matthew Schwartz | Chief Revenue Officer | Leadership |
John Gerick | Director Of Sales | Leadership |
Rui Kojima | Senior Director Of E-commerce | Leadership |
Gregory Starr | VP Of Product Development | Leadership |
Alexandra Lee | VP Of Finance And Accounting | Leadership |
Dj Brockelbank | Director Of Business Development, Technology | Leadership |
Mark Fallecker | Director Of Military And Government Sales | Leadership |
Amy Anderson | General Manager | Leadership |
Adam Kida | VP Of Operations | Leadership |
Tatiana Stec | Senior Manager, Marketing & Content | Team |
Amy Kirkpatrick | Senior Marketing Manager | Team |
Nadine Warren | Credit Manager | Team |
Anthony Jendrjewski | Allocation Analyst | Team |
Wendy Fan | Data Engineer | Team |
18 more people are available in the full profile.
Complete people profiles for SOLS Systems
Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.
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Timeline of SOLS Systems
4 dated milestones of SOLS Systems across 4 years, from founding to its latest funding, stage changes and deals.
- Founded SOLS Systems is founded.
- Funding First funding round of $1.8M.
- Funding Latest funding round, Series B, of $4.4M.
- Exit Acquired by Aetrex.
Competitors of SOLS Systems
SOLS Systems has 2 listed competitors in our database, 1 of them funded. They include Foot Solutions and inStryde.
| Company Name | Domain | Founded | HQ Location | Total funding | Employees | Description |
|---|---|---|---|---|---|---|
| footsolutions.com | 2000 | Atlanta, United States | Foot wellness products are supplied by Foot Solutions. | |||
| instryde.com | 2011 | Los Gatos, United States | $30,000 | AI-based 3D-printed insoles for footwear are provided via mobile scanning. |
Detailed competitors of SOLS Systems
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- Full competitor set
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Web traffic of SOLS Systems
Websites that share an audience with SOLS Systems (sols.com).
Websites whose visitors overlap most with SOLS Systems. Affinity shows how closely the audiences match.
| Website | Domain | Audience affinity | Monthly visits | Global rank | Profile |
|---|---|---|---|---|---|
| businessnewsdaily.com | 100% | 339K | #176,370 | View details | |
| dinoss.lv | 61% | #14,236,251 | View details | ||
| techcrunch.com | 41% | 8.3M | #10,239 | View details | |
| 3dprintingindustry.com | 39% | 241.3K | #204,749 | View details | |
| linkedin.com | 28% | 1.9B | #18 | View details |
Top companies in Orthopedics
3 companies that operate in the same segment as SOLS Systems (Orthopedics) in United States, ranked by their profile score on The Company Check.
| Company | Description | Founded | Location | Total funding | Revenue | Employees |
|---|---|---|---|---|---|---|
Provider of high-frequency spinal cord stimulation implants | 2006 | Menlo Park, California, United States | USD 154.1 M | USD 353.08 M | 1,215 | |
Developer of therapies for the treatment of musculoskeletal disorders | 2007 | Woburn, Massachusetts, United States | USD 62 M | USD 85.55 M | 692 | |
Antibody-siRNA complexes are developed for cancer treatment. | 2012 | San Diego, California, United States | USD 142.54 M | USD 10.9 M | 391 |
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Related news about Sols Systems
Complete news archive for SOLS Systems
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Frequently Asked Questions about SOLS Systems
SOLS Systems was founded in 2013.
SOLS Systems is headquartered in New York, United States. It is registered at New York, New York, United States.
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 Seed of $1.75M, raised on Nov 2013.
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.
SOLS Systems's top competitors include Foot Solutions and inStryde.
SOLS Systems has 13 investors. Key investors include Founders Fund, Tenaya Capital, Lux Capital, RRE Ventures, and Rothenberg Ventures.
SOLS Systems operates through Sols Systems Inc.
Yes. SOLS Systems was acquired by Aetrex in February 2017.