Funding

SOLS Raises $11.1 M to Take its Product to Consumers and Athletes

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What does SOLS do?

SOLS, is a 3D-printing company which, to date, focuses on printing customer shoe insoles which is prescribed by medical professionals for pain in the foot and other ailments. SOLS are the next generation orthotics. The company develops an all in one process to prescribe, generate and sell the corrective orthoses at a very low amount and time which is currently available.

How much SOLS funded?

SOLS, the 3D printing service has raise $11.1M in funding on February 27th. 2015 by Melon7, Lux Capital, Founders Fund, Tenaya Capital.

Previous Funding

  • $1.8M/Seed on December 19th, 2013 from investors Expansion Venture Capital, Silicon Badia, FundersGuild, Start Garden, Terawatt Ventures, Grape Arbor VC.
  • $6.4M in Series A funding, on April 29th 2014from investors Melo7Tech Partners, FunderdGuild, Felicis Ventures, RRE Ventures, Rothenberg Ventures.

What is next for SOLS?

The new $11.1 M funding is to help bring the product directly to the consumers. This will make the company the first of its kind to use 3D printing technologies to market customized wearables.

The Dalla Mavericks’ president and CEO Tederma Ussery is to join the board of directors of SOLS. With the new investors and the new board members SOLS is to address the athletes with its customized shoe inserts.

More about SOLS

SOLS is found on July 30th, 2013 by Kegan Schouwenburg, Joel Wishkovsky. SOLS is the next generation orthotics, the future of the footwear. The company develops a process to generate and sell corrective orthoses at a small price and time currently available.

SOLS, brings 3D printing to footwear through dynamic orthotics which is engineered to change the way the world walks. The customized footwear is produced when the user send a scanning of his/her foot through a video recording using a mobile app of the end user. It then runs a series of processing algorithms to create a customized insole, combining the data with other information such as the height, weight, lifestyle and how the insert is to be used and more.

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