Solovis raises $3.25M

What does Solovis do?

Solovis, is a multi-asset class portfolio management and reporting solution for endowment, foundations, pensions, OCIOs and family offices. It is a revolutionary software platform which is designed for investment managers who focus on the multi-manager and multi-asset portfolios. It is designed for flexibly defining and reporting on your investment world. The company allows data aggregations for private equity funds, hedge funds, direct securities and other asset types from service providers, accounting systems or directly within the system itself. Data can be supplemented at any investment level including proxied performance, estimated performance, risk exposure etc. and report externally or internally on any custom defined tag set, entity or investment. The system allows document management, customizable reporting, relationship management and plenty of other things which help make the company a single platform for all the customer’s assets.

How much Solovis was funded?

Solovis raised $3.25M in undisclosed round on January 19, 2016 from Jeremie Bacon, Timberline Venture Partners, Northwestern University, MissionOG, OCA Ventures and Edison Partners.

Previous funding

• $250k in undisclosed round on April 1, 2014

What is next for Solovis?

The company plans to use the funding for supporting continued company growth and drive the product growth. This financing follows an year of significant results for the company, with great customer acquisitions. This funding helps the company in significantly increasing its growth, accelerating the deployments to its consumers and expanding its capabilities for the institutional investment community.

More about Solovis

Solovis has its headquarters in Birmingham, AL with offices in Charlottesville and Dallas. The company offers flexible software platform which generates real time detailed, transparent reports for the increasing number of investors turning to multi-asset strategies for the risk management and diversification. This flexible and robust platform is specially designed and built for the age of open architecture asset management.