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 3368 active competitors, including 214 funded and 221 that have exited. Its top competitors include companies like Workday, People Strong and Gusto.
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.
- Website
- solides.com.br
- Social
- 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
Investors
Ranked
172nd among 3368 active competitors
Employee Count
1,122 as on Mar 31, 2026
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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 | 8570880 | Series B | 5323362 | 5958987 | 2910172 | 4002116 |
Aug 20, 2019 | 6012033 | Series A | 1172430 | 5101855 | 6160373 |
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Solides' founders and board of directors
Founder? Claim ProfileThe 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:
- Alessandro Garcia: Co-Founder & CEO of Solides.
- Monica Hauck: Co-Founder of Solides.
View details of Solides's Founder profiles and Board Members
Solides' employee count trend
Solides has 1,122 employees as of Mar 26. Here is Solides's employee count trend over the years:
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Solides's Competitors and alternates
Top competitors of Solides include Workday, People Strong and Gusto. Here is the list of Top 10 competitors of Solides, ranked by Tracxn score:
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Rank | Company Details | Short Description | Total Funding | Investors | Tracxn Score |
|---|---|---|---|---|---|
1st |  Workday 2005, Pleasanton (United States), Public | Cloud-based financial management, EPM, and HR software provider for enterprises | $352M | 86/100 | |
2nd |  People Strong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $30.7M | 84/100 | |
3rd | Gusto 2012, San Francisco (United States), Series E | Provider of a cloud-based platform offering payroll, benefits, and HR solutions | $718M | 83/100 | |
4th |  Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 80/100 | |
5th | Rippling 2016, San Francisco (United States), Series G | Cloud-based suite solution for HR management | $1.85B | 79/100 | |
6th | Provider of a platform for human resources, payroll, and finance | $574M | 78/100 | ||
7th |  Employment Hero 2014, Sydney (Australia), Acquired | Provider of end to end HR, payroll and benefits management platform | $460M | 78/100 | |
8th | Provider of cloud based human resource management system and payroll software. | $47.4M | 78/100 | ||
9th |  Paycor 1990, Cincinnati (United States), Acquired | Cloud-based HRMS platform for SMBs | $450M | 77/100 | |
10th | Cloud-based HRMS platform for SMBs | $772M | 77/100 | ||
172nd | Cloud-based platform for HRMS suite | $104M | 45/100 |
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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.News related to Solides
Media has covered Solides for 1 event in last 1 year, It was about company updates.
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With the momentum of Warburg Pincus, Sólides makes its third acquisitionFusoes & Aquisicoes•Sep 16, 2024•Solides, RHGestor
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Visio.ai, a startup that increases the profitability of physical retail, receives seed funding of R$12 millionnoticiasdabolsa.com.br•Mar 12, 2024•Visio, DGF, Alexia Ventures, Solides and 6 others
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HR startup goes from near bankruptcy to the biggest contribution in Latin AmericaFusoes & Aquisicoes•Aug 12, 2023•Solides
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Sólides goes shopping and advances in the SME segment one year after investing R$ 530 millionFusoes & Aquisicoes•Mar 27, 2023•Warburg Pincus, Solides
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She almost went bankrupt, but managed to turn around and raise BRL 530 million for her HRTechFusoes & Aquisicoes•Sep 21, 2022•Solides
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Warburg Pincus Invests USD100m in Brazilian HRtech SólidesLAVCA•Feb 17, 2022•Warburg Pincus, DGF, Solides
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