About Solteo
Solteo is a company based in Paris (France) founded in 2023 by Manon Hias, Kevin Bee, and Alexandre D Auvigny.. Solteo has raised $1.58 million across 1 funding round from investors including Axeleo Capital, Kima Ventures and Campus Fund. Solteo offers products and services including Solteo Platform, Sales Proposal Tool, and Administrative Automation. Solteo operates in a competitive market with competitors including Palmetto, neoom, UrbanVolt, Norwich Technologies and Unisolar Power, among others.
- Headquarter Paris, France
- Founders Manon Hias, Kevin Bee, Alexandre D Auvigny
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Sectors
Energy & Utilities
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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
$1.58 M (USD)
in 1 rounds
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Latest Funding Round
$1.58 M (USD), Seed
Nov 22, 2024
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Investors
Axeleo Capital
& 2 more
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Employee Count
Employee Count
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Products & Services of Solteo
Solteo offers a comprehensive portfolio of products and services, including Solteo Platform, Sales Proposal Tool, and Administrative Automation. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Software for solar installers to handle sales and administrative tasks.
Tool to create customized solar project proposals quickly.
System to automate permits and connections for solar projects.
Funding Insights of Solteo
Solteo has successfully raised a total of $1.58M through 1 strategic funding round. The most recent funding activity was a Seed round of $1.58 million completed in November 2024. 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 1
- Last Round Seed — $1.6M
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First Round
First Round
(22 Nov 2024)
- Investors Count 3
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Nov, 2024 | Amount | Seed - Solteo | Valuation |
investors |
| 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 Solteo
Solteo has secured backing from 3 investors, including venture fund investors. Prominent investors backing the company include Axeleo Capital, Kima Ventures and Campus Fund. 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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Tech investment platform is operated to support European startups.
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Founded Year | Domain | Location | |
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Seed-stage investments in startups are provided by Kima Ventures.
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Founded Year | Domain | Location | |
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A venture capital fund focused on student startups in Europe.
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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 Solteo
| 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 - Solteo
| 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 |
Solteo Comparisons
Competitors of Solteo
Solteo 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 Palmetto, neoom, UrbanVolt, Norwich Technologies and Unisolar Power, 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 |
Full-end solar services are provided to residential and commercial sectors.
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| domain | founded_year | HQ Location |
Solar-based power generation and management solutions are provided.
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| domain | founded_year | HQ Location |
Offers lighting as a service solutions
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| domain | founded_year | HQ Location |
Solar energy is generated by a passive snow shredder device.
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| domain | founded_year | HQ Location |
Provides solar energy solutions, including rooftop installations for residential and commercial customers.
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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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Frequently Asked Questions about Solteo
When was Solteo founded?
Solteo was founded in 2023 and raised its 1st funding round 1 year after it was founded.
Where is Solteo located?
Solteo is headquartered in Paris, France.
Who is the current CEO of Solteo?
Manon Hias is the current CEO of Solteo. They have also founded this company.
Is Solteo a funded company?
Solteo is a funded company, having raised a total of $1.58M across 1 funding round to date. The company's 1st funding round was a Seed of $1.58M, raised on Nov 22, 2024.
What does Solteo do?
Solteo was founded in 2023 in Paris, France, as a SaaS platform focused on solar energy project portfolio management. Operations in the solar industry are supported by digitizing processes for installers and customers. Project monitoring and site visit planning are enabled, alongside features for project management, quotation handling, and installation tracking. The platform serves users in the renewable energy sector across France.
Who are the top competitors of Solteo?
What products or services does Solteo offer?
Solteo offers Solteo Platform, Sales Proposal Tool, and Administrative Automation.
Who are Solteo's investors?
Solteo has 3 investors. Key investors include Axeleo Capital, Kima Ventures, and Campus Fund.