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.
- Website
- solides.com.br
- 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
53rd among 3766 active competitors
Employee Count
1,112 as on Sep 30, 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 | 1845874 | Series B | 6904242 | 1227042 | 6447268 | 8225241 |
Aug 20, 2019 | 1564712 | Series A | 3088900 | 6702883 | 8010984 |
View details of Solides's funding rounds and investors
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: Founder & Co-CEO of Solides. Contact Info: 1 phone number
- Monica Hauck: Founder & CEO of Solides. Contact Info: 1 phone number
View details of Solides's Founder profiles and Board Members
Solides' employee count trend
Solides has 1,112 employees as of Sep 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, Gusto and Factorial. 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 | Developer of cloud software for human resources finance and operations | $352M | 88/100 | |
2nd | 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 | Provider of business management software for human resources and finance | $369M | 83/100 | ||
4th | Rippling 2016, San Francisco (United States), Series G | Cloud-based suite solution for HR management | $1.85B | 80/100 | |
5th | Employment Hero 2014, Sydney (Australia), Acquired | Provider of end to end HR, payroll and benefits management platform | $460M | 80/100 | |
6th | Provider of cloud based human resource management system and payroll software. | $47.4M | 79/100 | ||
7th | Developer of human capital management software providing HR and talent solutions | $30M | 78/100 | ||
8th | PeopleStrong 2005, Gurugram (India), Acquired | Provider of human capital management platform offering integrated HR solutions | $28.5M | 78/100 | |
9th | Paychex 1971, New York City (United States), Public | Cloud-based platform for HRMS suite solutions | - | 77/100 | |
10th | Kronos 1977, Lowell (United States), Acquired | Provider of HCM software solutions for enterprises | $855M | 77/100 | |
53rd | Cloud-based platform for HRMS suite | $104M | 59/100 |
Looking for more details on Solides's competitors? Click here to see the top ones
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
Media has covered Solides for a total of 2 events in the last 1 year, 2 of them have been about company updates.
•
Sólides Aims for Billion-Dollar Valuation by Leveraging AI and WhatsApp for Small BusinessesExame•Jun 10, 2026•Solides
•
Sólides Launches Digital Payroll Solution to Enhance Efficiency and Reduce Risks for SMEsExame•May 06, 2026•Solides
•
With the momentum of Warburg Pincus, Sólides makes its third acquisitionFusoes & Aquisicoes•Sep 16, 2024•Solides, RHGestor
•
Sólides announces acquisition of startup RHGestor to expand solutions for medium-sized companiesGrupoglobo•Sep 16, 2024•Solides, RHGestor
•
After raising R$530 million, a startup from Minas Gerais buys a new business to end HR traumaExame•Apr 18, 2024•Solides
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Solides, HR startup from the Warburg Pincus Fund, makes its second acquisitionGrupoglobo•Apr 18, 2024•Solides, Solides Tangerino, Warburg Pincus, 2Easy
•
Visio.ai, a startup that increases the profitability of physical retail, receives seed funding of R$12 millionMar 12, 2024•Visio, DGF, Alexia Ventures, Solides and 6 others
•
HR startup goes from near bankruptcy to the biggest contribution in Latin AmericaFusoes & Aquisicoes•Aug 12, 2023•Solides
•
Sólides goes shopping and advances in the SME segment one year after investing R$ 530 millionFusoes & Aquisicoes•Mar 27, 2023•Warburg Pincus, Solides
•
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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