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Solides - About the company

Solides is a series B company based in Belo Horizonte (Brazil), founded in 2008 by Alessandro Garcia and Monica Hauck. It operates as a Cloud-based platform for HRMS suite. Solides has raised $104M in funding from Warburg Pincus and DGF. The company has 3766 active competitors, including 200 funded and 242 that have exited. Its top competitors include companies like Workday, Gusto and Factorial.

Company Details

Cloud-based platform for HRMS suite. Platform offers behavioural mapping solutions for hiring candidate and allowing users to create job portal. It offers tools for managing documents, time, vacation, incident and more. Platform also offers solutions for learning and development of employee. It offers tools for employee engagement. employee benefits and employee retention.
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Email ID
*****@solides.com.br
Key Metrics
Founded Year
2008
Location
Belo Horizonte, Brazil
Stage
Series B
Total Funding
$104M in 2 rounds
Latest Funding Round
Ranked
Employee Count
1,112 as on Sep 30, 2026
Investment & Acquisitions
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Solides's funding and investors

Solides has raised a total funding of $104M over 2 rounds. Its first funding round was on Aug 20, 2019. Its latest funding round was a Series B round on Feb 17, 2022 for $*****. 1 investor participated in its latest round. Solides has 3 institutional investors.

Here is the list of recent funding rounds of Solides:
Date of Funding
Funding Amount
Round Name
Post-Money Valuation
Revenue Multiple
Lead Investors
Other Investors
Feb 17, 2022
1845874
Series B
6904242
1227042
6447268
8225241
Aug 20, 2019
1564712
Series A
3088900
6702883
8010984
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Solides' founders and board of directors

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The founders of Solides are Alessandro Garcia and Monica Hauck. Monica Hauck and Alessandro Garcia are the CEOs of Solides.
Here are the details of Solides' key team members:

Solides' employee count trend

Solides has 1,112 employees as of Sep 26. Here is Solides's employee count trend over the years:
Employee count trend for Solides
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Solides's Competitors and alternates

Top competitors of Solides include Workday, Gusto and Factorial. Here is the list of Top 10 competitors of Solides, ranked by Tracxn score:
Rank
Company Details
Short Description
Total Funding
Investors
Tracxn Score
1st
Logo for Workday
Workday
2005, Pleasanton (United States), Public
Developer of cloud software for human resources finance and operations
$352M
88/100
2nd
Logo for Gusto
Gusto
2012, San Francisco (United States), Series E
Cloud-based payroll, benefits, and HR software for small and medium-sized businesses
$718M
84/100
3rd
Logo for Factorial
Factorial
2016, Barcelona (Spain), Series D
Provider of business management software for human resources and finance
$369M
83/100
4th
Logo for Rippling
Rippling
2016, San Francisco (United States), Series G
Cloud-based suite solution for HR management
$1.85B
80/100
5th
Logo for Employment Hero
Employment Hero
2014, Sydney (Australia), Acquired
Provider of end to end HR, payroll and benefits management platform
$460M
80/100
6th
Logo for GreytHR
GreytHR
1994, Bengaluru (India), Acquired
Provider of cloud based human resource management system and payroll software.
$47.4M
79/100
7th
Logo for Dayforce
Dayforce
2008, Toronto (Canada), Acquired
Developer of human capital management software providing HR and talent solutions
$30M
78/100
8th
Logo for PeopleStrong
PeopleStrong
2005, Gurugram (India), Acquired
Provider of human capital management platform offering integrated HR solutions
$28.5M
78/100
9th
Logo for Paychex
Paychex
1971, New York City (United States), Public
Cloud-based platform for HRMS suite solutions
-
77/100
10th
Logo for Kronos
Kronos
1977, Lowell (United States), Acquired
Provider of HCM software solutions for enterprises
$855M
77/100
53rd
Logo for Solides
Solides
2008, Belo Horizonte (Brazil), Series B
Cloud-based platform for HRMS suite
$104M
59/100
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Solides's Investments and acquisitions

Solides has acquired 2 companies including RHGestor and Solides Tangerino. Solides has not made any investments as of now.

Reports related to Solides

Here is the latest report on Solides's sector:

News related to Solides

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Media has covered Solides for a total of 2 events in the last 1 year, 2 of them have been about company updates.
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