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Funding round

Solace Growth

Reported as "Growth Equity"

Solace, which works in event-driven integration solutions in Ottawa, raised $790M in a Growth round announced on 5 May 2026. 5 firms took part.

Solace Tech Companies Unconfirmed

$790M

Amount raised

Not disclosed

Post-money valuation

5

Investors

no lead named

Valuation

What this round says about the price

Solace did not disclose a valuation in this round. It is Solace's first venture round on record, 25 years after it was founded in 2001. No later venture round is on record for Solace.

Solace's funding rounds

This is the only venture round on record for Solace.

  1. Growth this round 5 May 2026 $790M

Investors

Who put money in

5 firms took part; no lead investor was named.

Investors

  • backs 2 venture-backed companies new investor
  • Golub Capital new investor
  • HSBC Asset Management new investor
  • backs 27 venture-backed companies new investor
  • new investor

Comparable rounds

How it compares

305 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 13 times the median. The closest in time, other companies' Growth rounds in Tech Companies:

Growth rounds in Tech Companies, May 2025 to Oct 2026: 305 rounds with an amount, log scale.
Comparable rounds
CompanyAnnouncedAmountPost-moneyLed by
Cognition Tech Companies27 May 2026$1.00B$26.00BLux Capital and General Catalyst
Rightsline Tech Companies27 May 2026$500Mnot disclosedHg
Decart Tech Companies18 May 2026$300M$4.00BRadical Ventures
Tech Companies19 May 2026$145M$1.60Bnot named
Tech Companies6 May 2026$136Mnot disclosednot named
Athelas Tech Companies19 May 2026$70M$7.00BGeneral Catalyst
Tech Companies28 May 2026$40Mnot disclosedCVS Health Ventures
Tech Companies13 May 2026$34Mnot disclosedNational Wealth Fund

Sources

Where this comes from

Reported by 4 sources. The deal data marks this round as not yet confirmed by an official announcement. Unconfirmed

Questions

Frequently asked

How much did Solace raise in its Growth round?

Solace raised $790M in its Growth round, announced in May 2026.

Which investors took part in Solace's Growth round?

Apogem Capital, Golub Capital, HSBC Asset Management, Schroders Capital and Bridge Growth Partners.

What was Solace's valuation at the Growth round?

It was not disclosed.

How does it compare with other Growth rounds in Tech Companies?

305 Growth rounds in Tech Companies within a year either side disclosed an amount; the median was $60M, and this round was 13 times the median.