Sola Technologies Inc. raises $8.00M; offering $8.00M: Form D

Sola Technologies Inc. raises $8.00M; offering $8.00M: Form D

Sola Technologies Inc., an AI-native platform provider for automating enterprise back office workflows, has secured $17.5 million in Series A funding. The round was led by Andreessen Horowitz, with participation from Conviction, Y Combinator, and other investors [1].

Founded by Jessica Wu and Neil Deshmukh, both MIT dropouts with deep AI and engineering backgrounds, Sola aims to streamline operational tasks such as data entry, compliance reviews, and document verification. The company's platform transforms real-world user workflows into self-healing bots that operate across systems without requiring code or IT assistance.

Sola has already deployed its bots in production with enterprise customers across logistics, healthcare, and legal sectors. The platform's revenue has grown fivefold since January, with workflow volume doubling every month. The company's unique selling point is its accessibility to the people who need it most, providing a simple interface that abstracts away the technical complexity required for automation [1].

The funding will support Sola's mission to revolutionize back office operations by providing a full-stack rethink for AI-first operations. The company plans to expand its customer base and further develop its platform to meet the evolving needs of enterprises.

References:
[1] https://www.linkedin.com/pulse/funded-sola-lands-17m-series-transform-bpo-ai-native-automation-d1eic