About Solventum
Solventum is a company based in Saint Paul (United States) founded in 2023.. The company has 22,000 employees as of December 31, 2024. Solventum has completed 1 acquisition, including Acera Surgical. Solventum operates in a competitive market with competitors including UMC Utrecht, Pasteur Institute, AngelEye Health, Fakeeh Care Group and Weill Cornell Medicine, among others.
- Headquarter Saint Paul, United States
- Employees 22000 as on 31 Dec, 2024
- Stage Public
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Sectors
Healthcare
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Phone
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Website
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Social
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- Legal Name Solventum Corporation
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Annual Revenue
$8.25 B0.7as on Dec 31, 2024
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Net Profit
$479 M-64.41as on Dec 31, 2024
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EBITDA
$1.63 B-27.74as on Dec 31, 2024
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Latest Funding Round
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Investors
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Employee Count
22000
as on Dec 31, 2024
- Investments & Acquisitions
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IPO & Listings of Solventum
Solventum is a publicly listed company on the NYSE with ticker symbol SOLV in USA, operating in the Health services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.
Funding Insights of Solventum
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| 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 |
Investments & Acquisitions by Solventum
Solventum has strategically engaged in corporate development activities, having acquired 1 company. Notable acquisitions include Acera Surgical. 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.
| 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 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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Synthetic electrospun scaffolds are provided for regenerative medical uses.
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2013 |
| Company Name | Description | Domain | Location | Founded Year | Amount |
|---|---|---|---|---|---|
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OVO is recognized as a smart digital payment application.
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2017 | ||||
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Bionic investment advisor platform
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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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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 |
Financial Statements - Solventum
| 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 |
Solventum Comparisons
Competitors of Solventum
Solventum 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 UMC Utrecht, Pasteur Institute, AngelEye Health, Fakeeh Care Group and Weill Cornell Medicine, 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 |
Healthcare education and training services are provided to professionals.
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| domain | founded_year | HQ Location |
Provider of healthcare education services
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| domain | founded_year | HQ Location |
Provider of NICU cameras, communication, feed management, and education services for hospitals
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| domain | founded_year | HQ Location |
A leading healthcare provider in Saudi Arabia, expanding into Dubai's healthcare and medical education markets.
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| domain | founded_year | HQ Location |
Provider of medical education, research, and patient care. This organization offers MD and graduate degree programs, conducts cutting-edge biomedical research, and delivers exemplary patient care through affiliated hospitals. Faculty are engaged in clinical practice and scientific discovery, translating breakthroughs into improved treatments and prevention strategies. The institution fosters a culture of mentorship and supports global health initiatives. Educational programs are highly selective and include international partnerships. Research focuses on advancing knowledge in areas such as cancer and cardiovascular disease.
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| domain | founded_year | HQ Location |
Diagnostic, digital health, and education services are provided.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| 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 Solventum
Frequently Asked Questions about Solventum
When was Solventum founded?
Solventum was founded in 2023.
Where is Solventum located?
Solventum is headquartered in Saint Paul, United States. It is registered at Saint Paul, Minnesota, United States.
Who is the current CEO of Solventum?
Bryan Hanson is the current CEO of Solventum.
How many employees does Solventum have?
As of Dec 31, 2024, the latest employee count at Solventum is 22,000.
What is the annual revenue of Solventum?
Annual revenue of Solventum is $8.25B as on Dec 31, 2024.
What does Solventum do?
Solventum was founded in 2023 and is headquartered in Saint Paul, United States. Operations are centered in the healthcare sector, where medical products are developed and manufactured alongside medical education services. Focus is placed on innovation in these areas to support healthcare needs. The company serves markets through its domain, solventum.com, with Bryan Hanson serving as CEO.
Who are the top competitors of Solventum?
Solventum's top competitors include Weill Cornell Medicine, UMC Utrecht and College of American Pathologists.
Is Solventum publicly traded?
Yes, Solventum is publicly traded on NYSE under the ticker symbol SOLV.
How many acquisitions has Solventum made?
Solventum has made 1 acquisition, including Acera Surgical.
What is Solventum's ticker symbol?
The ticker symbol of Solventum is SOLV on NYSE.