Solvd

Roseville, United States Founded: 2011 • Age: 15 yrs Acquired By Siguler Guff
Diversified application development and DevOps services are provided globally.
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About Solvd

Solvd is a company based in Roseville (United States) founded in 2011 was acquired by Siguler Guff in September 2022.. Solvd has completed 2 acquisitions, including EastBanc Technologies and Tooploox. Solvd offers products and services including AI Advisory, Data Engineering, Digital Experience, Application Development, and Cloud Engineering. Solvd operates in a competitive market with competitors including UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, among others.

  • Headquarter Roseville, United States
  • Sectors
    Technology
  • Phone
    *********
  • Website
    *********
  • Social
    *********
  • Legal Name Solvd, Inc
Operational Areas
Technology → Enterprise IT Services & Distribution
Key Metrics
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Products & Services of Solvd

Solvd offers a comprehensive portfolio of products and services, including AI Advisory, Data Engineering, Digital Experience, Application Development, and Cloud Engineering. 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.

Primary

Strategic AI implementation for business ROI

AI-powered data pipelines for predictive insights

AI-driven user engagement and loyalty solutions

AI-integrated agile development for scalability

Scalable cloud solutions with AI optimization

People of Solvd
Headcount 50-200
Employee Profiles 82
Employee Profiles
People
Viacheslav Smirnov
Head, Marketing
People
Dima Tsurkan
Head, Development
People
Alena Fedarava
Head, QA Department
People
Andrew Rydvansky
Head, Design

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Funding Insights of Solvd

Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Investors in Solvd

Solvd has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Siguler Guff. 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.

All
Venture Fund
Investor Description Founded Year Domain Location
Private equity firm focused on buyouts
Founded Year Domain Location
Investor Description Founded Year Domain Location
Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
Founded Year Domain Location
Startup ecosystems are ignited through strategic investments by Signite Partners.
Founded Year Domain Location
Venture capital is directed toward companies in multiple sectors.
Founded Year Domain Location
Venture capital is invested in cybersecurity, fintech, and AI startups.
Founded Year Domain Location

Investments & Acquisitions by Solvd

Solvd has strategically engaged in corporate development activities, having acquired 2 companies. Notable acquisitions include EastBanc Technologies and Tooploox. These strategic investments and acquisitions demonstrate the company's commitment to growth through portfolio expansion, market consolidation, technology integration, and strategic partnerships that enhance competitive positioning and drive long-term value creation.

Investments
Company Name Description Domain Location Founded Year Amount
Bionic investment advisor platform
2016
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Fine Asian gourmet food is offered by an internet-first restaurant.
2016
Acquisitions
Company Name Description Domain Location Founded Year Amount
Provides AI solutions, software development, and IT services for businesses and startups.
2012
AI-based software and application development services are provided.
1999
Company Name Description Domain Location Founded Year Amount
OVO is recognized as a smart digital payment application.
2017
Bionic investment advisor platform
2016
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014
Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
2014

Financial Statements - Solvd

Tata Steel revenue growth over time
Tata Steel profit and loss trends over time
Date Amount Transaction Name Valuation Lead Investors Investors
Jul, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Jan, 2021 Amount Post-IPO - Grab Valuation

investors

Feb, 2021 Amount Post-IPO - Grab Valuation

investors

Solvd Comparisons

Employees
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Competitors of Solvd

Solvd 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 UST, NTT DATA, Breed Reply, Globant and 1&1 IONOS, 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
High-quality office furniture is provided by UST for various needs.
domain founded_year HQ Location
Application development, cloud, cybersecurity, and business intelligence services are provided.
domain founded_year HQ Location
AI, cloud, and blockchain services are provided globally.
domain founded_year HQ Location
IT and digital transformation services are delivered to various industries.
domain founded_year HQ Location
Cloud infrastructure and hosting services are provided by 1&1 IONOS.
domain founded_year HQ Location
Provider of end-to-end business process outsourcing services
Company Name Domain Founded year HQ Location Description
domain founded_year HQ Location
Multiple services are booked via an app-based platform.
domain founded_year HQ Location
On-demand services are booked through an app-based platform.
domain founded_year HQ Location
App based platform offering on demand delivery and ride-hailing services
domain founded_year HQ Location
Operates an on-demand hyperlocal delivery app for food and groceries.

Latest news on Solvd

Frequently Asked Questions about Solvd

When was Solvd founded?

Solvd was founded in 2011.

Where is Solvd located?

Solvd is headquartered in Roseville, United States. It is registered at Roseville, California, United States.

What does Solvd do?

Solvd was established in 2011 and is headquartered in Roseville, United States. Operations focus on the technology sector, where customized application development and DevOps solutions are delivered to various clients. Services encompass software engineering, cloud integration, and infrastructure management, supporting businesses across multiple industries. The company maintains a presence primarily in the United States, with capabilities extending to international projects through its domain solvd.com.

Who are the top competitors of Solvd?

Solvd's top competitors include Happiest Minds, 1&1 IONOS and Genpact.

What products or services does Solvd offer?

Solvd offers AI Advisory, Data Engineering, Digital Experience, Application Development, and Cloud Engineering.

How many acquisitions has Solvd made?

Solvd has made 2 acquisitions, including EastBanc Technologies, and Tooploox.

Who are Solvd's investors?

Solvd has 1 investor. Key investors include Siguler Guff.

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