About Solver
Solver is a company based in Calabasas (United States) founded in 1996 by Nils H Rasmussen was acquired by Avento in February 2022. It operates as a SaaS (Software-as-a-Service), and Subscription Services. The company has 59 employees as of December 31, 2022. Solver offers products and services including Solver xFP&A Software, Solver Copilot AI, and Data Warehouse. Solver operates in a competitive market with competitors including Databricks, Snowflake, Grafana, SingleStore and CARTO, among others.
- Headquarter Calabasas, United States
- Employees 59 as on 31 Dec, 2022
- Founders Nils H Rasmussen
-
Sectors
Technology
-
Email
***********
-
Phone
*********
-
Website
*********
-
Social
*********
- Legal Name Solver, Inc.
Unlock complete access to The Company Check
Get unrestricted viewing across everything we track — from companies and brands to investors, funding rounds, acquisitions, financials, and more.
- Unlimited viewing on all profiles Companies, investors, financials, funding, acquisitions & directors
- Full access to every database India & global coverage, advanced filters and rich profile details
- Always-on access from your team account Single premium plan for everything you see on the portal
Products & Services of Solver
Solver offers a comprehensive portfolio of products and services, including Solver xFP&A Software, Solver Copilot AI, and Data Warehouse. 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.
Extended financial planning and analysis solution is provided.
AI assistance for financial planning is seamlessly integrated.
Data consolidation into a single platform is enabled.
Unlock access to complete
Funding Insights of Solver
| 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 Solver
Solver has secured backing from 1 investor. Prominent investors backing the company include Avento. 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 |
|---|---|---|---|---|
|
IT solutions and services are provided across diverse industries.
|
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 Solver
| 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 |
Financial Statements - Solver
| 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 |
Solver Comparisons
Competitors of Solver
Solver 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 Databricks, Snowflake, Grafana, SingleStore and CARTO, 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 |
Data, analytics, and AI capabilities are unified in a platform.
|
|
| domain | founded_year | HQ Location |
Cloud-based big data warehouse for enterprise data management is provided.
|
|
| domain | founded_year | HQ Location |
Cloud-based dashboards for data visualization and analysis are developed.
|
|
| domain | founded_year | HQ Location |
Cloud-based relational databases for enterprises are provided.
|
|
| domain | founded_year | HQ Location |
Cloud based integrated solutons for software development
|
|
| domain | founded_year | HQ Location |
Provider of MPP analytics and data warehouse solution for hybrid cloud
|
| 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 Solver
Frequently Asked Questions about Solver
When was Solver founded?
Solver was founded in 1996.
Where is Solver located?
Solver is headquartered in Calabasas, United States. It is registered at Calabasas, California, United States.
Who is the current CEO of Solver?
Nils H Rasmussen is the current CEO of Solver. They have also founded this company.
How many employees does Solver have?
As of Dec 31, 2022, the latest employee count at Solver is 59.
What does Solver do?
Solver is established as a provider of extended financial planning and analysis (xFPA) software, focusing on solutions for planning, reporting, consolidation, and data analysis. The company serves various industries including construction, nonprofit, SaaS, and senior living with tailored solutions. Integration with existing ERP systems and a native Excel experience are offered to enhance usability. Data warehouse capabilities are provided to consolidate information into a single source of truth. Solver Copilot AI is included to support users with reliable insights while maintaining data security.
Who are the top competitors of Solver?
Solver's top competitors include Databricks, Snowflake and SingleStore.
What products or services does Solver offer?
Solver offers Solver xFP&A Software, Solver Copilot AI, and Data Warehouse.
Who are Solver's investors?
Solver has 1 investor. Key investors include Avento.
Book a demo & talk to our team
Share a few details and we’ll reach out to schedule a session.