How Much Did Solo Raise?
Funding & Key Investors

Solo, a company focused on accelerating growth within the home improvement industry through its software solutions, has secured significant capital, with total funding reaching $350K. The most recent financing round, dated September 19, 2022, contributed an undisclosed amount, adding to the company's financial resources for its ongoing expansion. This latest investment underscores the company's strategic positioning in a dynamic market.

What is Solo?

Solo
Business ServicesAdvertising NetworksCustomer Engagement Platforms

Founded in 2008 and headquartered in Lehi, Utah, Solo operates with the core mission of 'Accelerating Your Ascent' for companies in the home improvement sector. The company's software is designed to stimulate success by focusing on sales conversions, aiming to foster faster and more sustainable growth for its clients. Solo's commitment to driving client success positions it as a key player in enhancing operational efficiency and revenue generation within its target industry.

How much funding has Solo raised?

Solo has raised a total of $350K across 1 funding round:

2020

Debt

$350K

Debt (2020): $350K with participation from PPP

Key Investors in Solo

PPP

Public-Private Partnership

What's next for Solo?

With the context of large-scale late-stage funding, Solo is poised for significant scaling and market penetration. The recent capital infusion is expected to fuel strategic initiatives, potentially including product development, market expansion, and enhanced sales and marketing efforts. This phase of growth is critical for solidifying its market leadership and further innovating its software offerings to meet the evolving demands of the home improvement industry. The company's focus on client success suggests a continued emphasis on delivering measurable results and building long-term partnerships.

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Frequently Asked Questions Regarding Solo Financial Insights

What are the most recent funding rounds that Solo has completed, and what were the funding rounds?
Solo has recently completed 1 funding rounds: Debt on Apr 28, 2020.
What is the total amount of funding Solo has raised to date?
Solo has raised a total of $350K in funding to date.
How many funding rounds has Solo completed?
Solo has completed 1 funding rounds.
How much funding did Solo raise in its most recent funding round?
Solo raised $350K in its most recent funding round.
Who are the lead investors in Solo's latest funding round?
The lead investor in Solo'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 Solo's history?
The largest funding round in Solo's history was $350K.
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