Companies · Software / Tech

Solo.io, Inc.

Cambridge · Software / Tech · refined from filed group “Other Technology

Diligence memoA one-page analyst read on Solo.io, Inc. — recommendation, valuation, rhythm, risks.
$166.8M
Total raised · real
4
Rounds
5.7×
Latest step-up
Top 4%
Sector rank · raised
Series D+
Latest stage · inferred · Mon Oct 04 2021 00:00:00 GMT+0000 (Coordinated Universal Time)

Solo.io, Inc. looks fair against its niche peers and is dormant on financing cadence.

Synthesized from the figures below est. — every claim rests on a number shown on this page. Valuation uses the technology sector profile.

Analyst read est. — computed against this company's niche peers in the same era. Inputs shown; not a quoted figure.

Fair
  • Modeled value is 0.91× the median modeled value of Series D+ Software / Tech companies in 2019–2021 (34 peers) — value vs value, same stage and era.
  • Within the normal band (91% of peer median) for its niche.
Dormant
  • Last raise 4.7 yr ago; this sector typically re-raises about every 13 months.
  • Silent for over 3× the sector's normal cadence.
Leadership

No named principal in this company's public records yet — see all operators below.

Explore how these operators interlock with other companies in the operator network.

Where it sits in Software / Tech

Solo.io, Inc. is one of 3920 Software / Tech companies tracked from Cambridge. By capital raised it ranks among the largest (ahead of 97% of sector peers), and among the largest by modeled valuation est..

Ranking is computed against this company's own sector cohort — reported capital is fact; valuation tiers are modeled.

As reported in public records reported — not modeled.

US
Jurisdiction
Rule 506(b)
Reg D exemption
5
Investors (latest)
2017
Year incorporated
2021-10-04
First sale
Amount raised vs valuation, by round

Solid bars are reported offering amounts reported; hatched bars are the modeled post-money valuation est. — both on one shared scale so you can read raise-vs-worth at each round directly. Use the toggles to overlay data labels and the niche-peer / market average value lines.

Amount raised · realModeled valuation · estCumulative funded · real
$0$1.3B$2.5B$3.8B$5.0BSeed · 2017-09-12 Raised $2.5M (real) Modeled valuation $85M (est)$2.5M$85MSeed2017Series A · 2018-08-24 Raised $11M (real) Modeled valuation $315M (est)$11M$315MSeries A2018Series A · 2018-08-24 Raised $11M (real) Modeled valuation $315M (est)$11M$315MSeries A2018Series B · 2020-08-31 Raised $23M (real) Modeled valuation $660M (est)$23M$660MSeries B2020Series D+ · 2021-10-04 Raised $130M (real) Modeled valuation $3.0B (est)$130M$3.0BSeries D+2021+$11M+$11M+$23M+$130MCumulative $178M

The line shows cumulative reported funding over the period; + labels show new capital added between points when there is room. Toggle on-bar figures, plus the niche-peer and market averages, to read this company against its cohort. Benchmarks are modeled medians.

Financing ladder & sequence gaps
Seed$2.5M · 2017
Series A$11.3M · 2018
Series A extension$11.3M · 2018
Series B$23.0M · 2020
Series D+$130.0M · 2021no Series C on file

Stages are modeled from round size (public records carry no series label). No record for: Pre-Seed, Series C — the company may have raised it under a different exemption, merged it into an adjacent record, or skipped it. Sequence completeness: 67%.

Modeled valuation trajectory
$3.0B
Base estimate est.
$721.9M
Conservative case
$5.7B
Upside case
$1.1B
Modeled post-money

Round size and date are reported; the stage label is inferred from round size (latest is Series D+a $100M–$400M round). Valuation is modeled from stage benchmarks scaled by the technology sector profile. Directional, not a quoted figure.

Seed · modeled $85.2M · 2017-09-122017Series A · modeled $314.8M · 2018-08-24Series A · modeled $314.8M · 2018-08-24Series B · modeled $660.2M · 2020-08-31Series D+ · modeled $3.0B · 2021-10-042021
Model inputs · modeled:benchmark-stage-stepup-v1
12%
Dilution assumption
Implied ownership sold in the financing.
83%
Survival probability
67% low · 92% high
1.29×/yr
Annual markup
1.44×/yr upside case
4.7 yr
Elapsed time used
4.7 yr actual, capped for stale marks
technology
Sector profile
Adjusts growth and survival by industry.
Financing rhythm
12 mo
Avg between rounds
$41.1M/yr
Capital velocity
8.8 yr
On record since
2017
First round
5
Rounds on file
How it compares to the market

Benchmarked against 3920 companies in Software / Tech. Each bar is a median (the middle company, not an average — outliers don't skew it). Two yardsticks: real money raised (reported on Form D) and modeled value (our estimate est.). These are whole-sector medians across all stages, except the per-stage row.

Total raised — vs sector median (real $, all stages) 36× above median
This company$166.8M
Sector median$4.6M
Latest round — vs other Series D+ rounds in sector (real $, this stage) 0.9× of median
This company$130.0M
Sector median$150.0M
Modeled value — vs sector median (estimate, all stages) 82× above median
This company$3.0B
Sector median$36.6M

Raised more than 97% of sector peers (real $). Modeled value above 99% of peers (estimate).

Niche peers — same stage & era

A tighter cohort than the sector chart above — only companies at the same stage (Series D+) that last raised in the same ~3-year era, ranked by modeled value est. (not money raised). This is the exact set the analyst read compares against, so a like-for-like cohort is what makes "over/under-valued" meaningful. This company ranks #20 of 34.

This companyCohort peer
$1.0B$10.0B$100.0M$1.0BCapital raised (log)Mango Technologies, Inc. · Series D+ Raised $532.4M · modeled $9.1B (est)Cloud Guru Group Inc. · Series D+ Raised $257.5M · modeled $8.1B (est)Alternative Platform LLC · Series D+ Raised $250.0M · modeled $7.9B (est)Astranis Space Technologies Corp. · Series D+ Raised $376.3M · modeled $7.4B (est)Badger Technology Co Holdings Ltd · Series D+ Raised $254.3M · modeled $6.5B (est)Economic Transformation Technologies Corp · Series D+ Raised $203.7M · modeled $6.3B (est)Apeel Technology, Inc. · Series D+ Raised $534.6M · modeled $6.1B (est)Notion Labs, Inc. · Series D+ Raised $327.0M · modeled $6.0B (est)Hyperloop Technologies, Inc. · Series D+ Raised $299.9M · modeled $5.4B (est)Onestream Software Llc · Series D+ Raised $200.0M · modeled $5.2B (est)Verint Systems Inc · Series D+ Raised $400.0M · modeled $5.2B (est)Luminar Technologies, Inc. · Series D+ Raised $257.3M · modeled $5.2B (est)Solo.io, Inc. (this company) Raised $166.8M · modeled $3.0B (est)Solo.io, Inc.
CompanyStageRaised · realValue · estvs peer med.
Mango Technologies, Inc.Series D+$532.4M$9.1B2.74×
Cloud Guru Group Inc.Series D+$257.5M$8.1B2.47×
Alternative Platform LLCSeries D+$250.0M$7.9B2.38×
Astranis Space Technologies Corp.Series D+$376.3M$7.4B2.25×
Badger Technology Co Holdings LtdSeries D+$254.3M$6.5B1.97×
Economic Transformation Technologies CorpSeries D+$203.7M$6.3B1.92×
Apeel Technology, Inc.Series D+$534.6M$6.1B1.84×
Notion Labs, Inc.Series D+$327.0M$6.0B1.82×
Hyperloop Technologies, Inc.Series D+$299.9M$5.4B1.65×
Onestream Software LlcSeries D+$200.0M$5.2B1.58×
Verint Systems IncSeries D+$400.0M$5.2B1.58×
Luminar Technologies, Inc.Series D+$257.3M$5.2B1.57×
Solo.io, Inc. this companySeries D+$166.8M$3.0B0.91×
Full financing history

Stage is inferred from round size est., not reported on the filing — a round's dollar size maps to a bucket: Pre-Seed <$1.0M · Seed $1.0M–$4.0M · Series A $4.0M–$15M · Series B $15M–$40M · Series C $40M–$100M · Series D+ $100M–$400M · Growth/Late >$400M.

StageAmount · realAnnouncedPost-money · estValue · estConf.
Seed$2.5M2017-09-12$12.5M$85.2M90%
Series A$11.3M2018-08-24$51.6M$314.8M90%
Series A$11.3M2018-08-24$51.6M$314.8M90%
Series B$23.0M2020-08-31$127.8M$660.2M90%
Series D+$130.0M2021-10-04$1.1B$3.0B90%
What happened at each round

Step-up, pace versus the sector's normal cadence, and revenue/exemption moves — read straight from the reported round facts reported.

  1. Seed$2.5M2017-09-12
    • First recorded raise — entered as Seed.
    • 1 investor on this round.
  2. Series A$11.3M2018-08-24
    • Raised 11 mo later, in step with the ~13 mo sector norm.
    • Round 4.5× larger than the prior — scaling up.
    • 6 investors on this round.
  3. Series A$11.3M2018-08-24
    • Filed alongside the prior round (same month) — likely a tranche or amendment.
    • Round roughly the size of the prior one.
    • 6 investors on this round.
  4. Series B$23.0M2020-08-31
    • Raised again after 24 mo — slower than the ~13 mo sector norm.
    • Round 2.0× larger than the prior — scaling up.
    • 6 investors on this round.
  5. Series D+$130.0M2021-10-04
    • Raised 13 mo later, in step with the ~13 mo sector norm.
    • Round 5.7× larger than the prior — scaling up.
    • 5 investors on this round.
Intelligence
2022 ~Q4
Modeled next raise · ~12mo cadence
$390.0M
Modeled next size est.range $253.5M$624.0M
5.7×
Last step-up
$41.1M/yr
Capital velocity

Predictive signals are modeled est. from this company's own cadence and step-up, plus sector benchmarks — directional, not advice. Peer set and a CSV export live in your analyst workspace.

Key people & operators

Officers, directors and promoters named in this company's public recordsreported — the people who run it (not its investors). "Also runs" counts come from name-matching across all records, so verify before acting.

PersonRoleAlso runsTied since
Puneet Agarwal14 other2018-08
Satish Dharmaraj10 other2018-08
Idit Levine2017-09
Registry & provenance

Solo.io, Inc. is an official record sourced from the U.S. Securities and Exchange Commission (SEC). U.S. data is aggregated from SEC Form D filings.

United States
Country of record
US
Jurisdiction
1717656
SEC CIK
2017
Incorporated
Similar companies

Nearest neighbours across the whole database — matched on sector, stage and capital scale, and on shared operators (officers or directors named at both companies in public filings). A discovery shortlist, not a valuation cohort — verify before acting, the same way modeled figures are directional.

CompanySectorStageRaised · realValue · estWhy similar
Nova Labs, Inc.Software / TechSeries D+$168.6M$2.6Bsame sector · same stage
Akili Interactive Labs, Inc.Software / TechSeries D+$165.0M$2.8Bsame sector · same stage
Genvid Technologies, Inc.Software / TechSeries D+$162.5M$2.7Bsame sector · same stage
R-Zero Systems, Inc.Software / TechSeries D+$161.9M$2.1Bsame sector · same stage
Cdata Software, Inc.Software / TechSeries D+$159.7M$3.1Bsame sector · same stage
Know Labs, Inc.Software / TechSeries D+$176.6M$1.0Bsame sector · same stage
Alliance Data Systems CorpSoftware / TechSeries D+$157.0M$4.5Bsame sector · same stage
Starburst Labs, Inc.Software / TechSeries D+$178.3M$1.3Bsame sector · same stage
Semantically similar

Matched by meaning, not labels — a local language model reads each company's name, sector and description and ranks the closest in that learned space. This catches look-alikes that cross sector boundaries; the structured list above explains its matches, this one trusts the text. Directional, like every modeled signal here.

CompanySectorStageValue · estMatch
Solo Technologies, Inc.Software / TechSeries A$94.4M95%
Solon Labs Corp.Software / TechPre-Seed$8.3M85%
Nue IO, Inc.Software / TechSeries B$127.2M83%
Solitude Labs Inc.Software / TechPre-Seed$195K83%
Digital Village IO, Inc.Software / TechSeries A$40.9M83%
Solovis, Inc.Other TechnologySeries A$126.0M83%
Indie Technologies, Inc.Software / TechSeries C$444.2M83%
Stream.io, Inc.Software / TechSeries B$738.7M83%
Frequently asked
How much funding has Solo.io, Inc. raised?
Solo.io, Inc. has raised approximately $166.8M in disclosed capital across 4 recorded financing rounds, aggregated from public filings.
What is Solo.io, Inc.'s estimated valuation?
Provath's modeled valuation for Solo.io, Inc. is approximately $3.0B (modeled range $721.9M–$5.7B). This is an algorithmic estimate derived from round sizes and same-niche peers — not a quoted or reported figure.
What funding stage is Solo.io, Inc. at?
Solo.io, Inc.'s latest modeled financing stage is Series D+. Its most recent recorded round closed around Mon Oct 04.
What does Solo.io, Inc. do and where is it based?
Solo.io, Inc. operates in the Software / Tech sector, based in Cambridge.
Explore related

See where Solo.io, Inc. sits in the wider market — its sector, location and stage cohorts, each with their own leaderboards and capital-flow timelines.

Is this your company?

If you work at Solo.io, Inc., claim this profile or suggest a correction. We aggregate from public filings, so help us keep your description, website and links accurate.

Is this your company? Update your profile or add contact details — and choose exactly who can reach you. Reviewed before anything is published.