What is OnSolve?
OnSolve is a leading critical event management provider that proactively mitigates physical threats, allowing organizations to remain agile when a crisis strikes. Leveraging AI-powered risk intelligence, critical communications, and incident management technology, the OnSolve Platform enables enterprises, SMB organizations, and all levels of government to detect, anticipate, and mitigate physical threats impacting their people, places, and property. The company's focus on enterprise-level solutions positions it as a key player in ensuring business continuity and safety.
How much funding has OnSolve raised?
OnSolve has raised a total of $33M across 3 funding rounds:
Series B
$10.5M
Series C
$8.5M
Series D
$14M
Series B (2006): $10.5M with participation from Ascend Venture Group
Series C (2007): $8.5M led by Ascend Venture Group and Southpaw Asset Management
Series D (2008): $14M supported by Palisade Capital, Ascend Venture Group, and Southpaw Asset Management
Key Investors in OnSolve
Ascend Venture Group
Ascend Venture Group is a venture capital firm specializing in early-stage businesses that leverage emerging technologies. Based in New York City, they focus on identifying attractive investment opportunities within minority and women-led entrepreneurial communities.
Palisade Capital
Palisades Capital Management operates within the Financial Services industry, focusing on investment management. The firm is headquartered in Pacific Palisades, California.
Southpaw Asset Management
Southpaw Asset Management is an event-driven investment firm focused on deep-value distressed and special situations opportunities, pursuing all parts of the capital structure. Founded in 2005, the firm has extensive experience in restructuring and commercial transactions.
What's next for OnSolve?
With a substantial enterprise-level funding context and a recent strategic investment, OnSolve is poised for accelerated growth and market penetration. The company's trajectory suggests a focus on enhancing its AI capabilities and expanding its service offerings to address increasingly complex global risks. Future developments will likely involve deeper integration of its critical communications and incident management technologies to provide a more comprehensive and proactive approach to crisis preparedness for its diverse client base, including large enterprises and government entities.
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