How Much Did Solace Therapeutics Raise?
Funding & Key Investors

Solace Therapeutics has successfully secured a total capital infusion of $20.4M, marking a significant milestone in its corporate trajectory. The most recent financing round, which accounted for $233K, underscores the firm's commitment to addressing the pervasive medical challenges associated with female stress urinary incontinence (SUI). By leveraging this strategic investment, the company is well-positioned to transition from clinical development into a broader commercialization phase, effectively challenging the status quo of current incontinence management solutions.

What is Solace Therapeutics?

Solace Therapeutics
ManufacturingMedical Devices & EquipmentBusiness Services

Solace Therapeutics operates at the intersection of medical device innovation and women's health, specifically targeting the estimated 15 million adult women in the United States suffering from SUI. Unlike traditional market incumbents that rely on absorbent products and protective pads, Solace is pioneering an office-based treatment modality designed to restore quality of life. The company's market position is defined by its focus on clinical efficacy and patient-centric care, aiming to shift the paradigm from passive symptom management to active, medical intervention. By addressing the underlying physiological causes of incontinence, Solace is carving out a specialized niche within the broader femtech and urology sectors, providing a scalable alternative to existing non-medical solutions.

How much funding has Solace Therapeutics raised?

Solace Therapeutics has raised a total of $20.4M across 4 funding rounds:

2012

Private Equity

$7M

2016

Private Equity

$13M

2020

Debt

$150K

2021

Debt

$233K

Private Equity (2012): $7M, investors not publicly disclosed

Private Equity (2016): $13M, investors not publicly disclosed

Debt (2020): $150K supported by PPP

Debt (2021): $233K featuring PPP

Key Investors in Solace Therapeutics

PPP

Public-Private Partnership

Undisclosed Investor

An institutional backer participating in the private equity rounds to facilitate long-term clinical development.

Undisclosed Investor

A strategic partner focused on the advancement of medical device technologies within the women's health sector.

What's next for Solace Therapeutics?

With the recent influx of capital, Solace Therapeutics is poised to accelerate its go-to-market strategy and expand its clinical footprint. The company's roadmap likely involves scaling its office-based treatment delivery model and deepening its engagement with healthcare providers to ensure widespread adoption. As the firm moves into this enterprise-level growth phase, the focus will shift toward optimizing supply chain logistics, securing further regulatory milestones, and potentially exploring strategic partnerships to enhance its distribution network. The objective remains clear: to establish a new standard of care for SUI, thereby reducing the reliance on palliative products and improving long-term patient outcomes in the women's health market.

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Frequently Asked Questions Regarding Solace Therapeutics Financial Insights

What are the most recent funding rounds that Solace Therapeutics has completed, and what were the funding rounds?
Solace Therapeutics has recently completed 3 funding rounds: Debt on Feb 6, 2021, Debt on Apr 13, 2020, Private Equity on Aug 22, 2016.
What is the total amount of funding Solace Therapeutics has raised to date?
Solace Therapeutics has raised a total of $20.4M in funding to date.
How many funding rounds has Solace Therapeutics completed?
Solace Therapeutics has completed 3 funding rounds.
How much funding did Solace Therapeutics raise in its most recent funding round?
Solace Therapeutics raised $233K in its most recent funding round.
Who are the lead investors in Solace Therapeutics's latest funding round?
The lead investor in Solace Therapeutics's latest funding round was PPP. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Solace Therapeutics's history?
The largest funding round in Solace Therapeutics's history was $13M.
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