Funding round
Soleadify Seed
Soleadify, which works in business intelligence solutions development in Ploiești, raised $1.5M in a Seed round announced on 20 Oct 2020. 4 firms took part.
$1.5M
Amount raised
Not disclosed
Post-money valuation
4
Investors
no lead named
Valuation
What this round says about the price
Soleadify did not disclose a valuation in this round. It is Soleadify's first venture round on record, 1 year after it was founded in 2019. No later venture round is on record for Soleadify.
Soleadify's funding rounds
This is the only venture round on record for Soleadify.
- Seed this round 20 Oct 2020 $1.5M
Investors
Who put money in
4 firms took part; no lead investor was named.
Investors
- GapMinder backs 21 venture-backed companies new investor
- DayOne Capital new investor
- backs 8 venture-backed companies new investor
- backs 2 venture-backed companies new investor
Use of proceeds
What the money is for
According to the announcement, the money goes to product development, geographic expansion, sales and marketing, scaling operations and working capital.
- Product development
- Geographic expansion
- Sales and marketing
- Scaling operations
- Working capital
Comparable rounds
How it compares
22 Seed rounds in Data Solutions within a year either side disclosed an amount; the median was $2.5M, and this round was 60% of the median. The closest in time, other companies' Seed rounds in Data Solutions:
| Company | Announced | Amount | Post-money | Led by |
|---|---|---|---|---|
| Data Solutions | 21 Sep 2020 | $3.6M | not disclosed | not named |
| Data Solutions | 15 Sep 2020 | $1.1M | not disclosed | New Stack Ventures |
| Data Solutions | 8 Sep 2020 | $1.0M | not disclosed | SRI Capital |
| Data Solutions | 1 Aug 2020 | $4.3M | not disclosed | Costanoa and Nazca |
| Data Solutions | 2 Dec 2020 | $4.2M | not disclosed | The Raine Group |
| Data Solutions | 3 Aug 2020 | $75K | not disclosed | not named |
| Data Solutions | 28 Jul 2020 | $4.0M | not disclosed | not named |
| Data Solutions | 26 Jan 2021 | $525K | not disclosed | not named |
Sources
Where this comes from
Reported by 1 source.
Questions
Frequently asked
How much did Soleadify raise in its Seed round?
Soleadify raised $1.5M in its Seed round, announced in Oct 2020.
Which investors took part in Soleadify's Seed round?
GapMinder, DayOne Capital, SeedBlink and Gecad Ventures.
What was Soleadify's valuation at the Seed round?
It was not disclosed.
How does it compare with other Seed rounds in Data Solutions?
22 Seed rounds in Data Solutions within a year either side disclosed an amount; the median was $2.5M, and this round was 60% of the median.