When was Solo.io founded?

Solo.io was founded in 2017 and became a unicorn in 2021.

Where is Solo.io located?

Solo.io is headquartered in Cambridge, United States. It is registered at 222 Third Street, Suite 3130, Cambridge, MA 02142.

How many employees does Solo.io have?

As of Jun 30, 2026, the latest employee count at Solo.io is 301.

Is Solo.io a funded company?

Solo.io is a funded company, having raised a total of $175M across 5 funding rounds to date. The company's 1st funding round was a $2.5M Seed round, raised on Sep 27, 2017.

How much is Solo.io worth?

The latest valuation of Solo.io is $1B as of Oct 07, 2021.

When was the latest funding round of Solo.io?

Solo.io's latest funding was a $135M Series C round on Oct 07, 2021, with participation from 3 investors.

Is Solo.io a API Management company?

The primary sectors of Solo.io are API Management, Docker Ecosystem and Open Source.

Where does Solo.io rank among its competitors?

Solo.io ranks 15th amongst 258 active competitors, of which 50 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Cast AI, which secured an undisclosed amount in Jan, 2026.

Who are the top competitors of Solo.io?

Solo.io's top competitors include F5 Networks, Docker and Jitterbit. Among them, Cast AI secured the most recent funding round in January, 2026.

Solo.io - 2026 Company Profile, Team, Funding & Competitors

Solo.io is a series C company based in Cambridge (United States), founded in 2017. It operates as a Connects applications with APIs and service mesh across any infrastructures. Solo.io has raised $175M in funding from investors like Redpoint Ventures, True Ventures and Altimeter Capital, with a current valuation of $1B. The company has 258 active competitors, including 50 funded and 20 that have exited. Its top competitors include companies like F5 Networks, Docker and Jitterbit.

Company Details

Connects applications with APIs and service mesh across any infrastructures. Its products include Gloo, Service Mesh Hub, and Web Assembly Hub. It is a cloud native API Gateway and Ingress Controller built on Envoy Proxy to connect, secure and control traffic across all your application services. The Service Mesh Hub helps organizations streamline the deployment, management, and extensibility of any service mesh on any cloud for any application. Web Assembly Hub extends the Envoy Proxy, Gloo API gateway, and Istio service mesh with a Wasm module in the language of user choice. It claims to provide solutions such as Hybrid applications, Kubernetes Ingress, Microservices, and Service Mesh.

Website: www.solo.io/
Social
Email ID: *****@solo.io
Phone Number: +1 **********
Registered Address: 222 Third Street, Suite 3130, Cambridge, MA 02142

Key Metrics

Founded Year

2017

Location

Cambridge, United States

Stage

Series C

Total Funding

$175M in 5 rounds

Latest Funding Round

Series C, Oct 07, 2021, $135M

Post Money Valuation

$1B as on Oct 07, 2021

Investors

Redpoint Ventures & 6 more

Ranked

15^th among 258 active competitors

Employee Count

301 as on Jun 30, 2026

Similar Companies

MongoDB & 430 more

View Solo.io's full profile

Solo.io is associated with 1 legal entity given below:

Legal Entity Name	Date of Incorporation	Revenue	Latest Employee Count	Documents
SOLO.IO, INC. CIN: 82-2466001 , United States, Active	Jan 06, 2017	-	102 (As on Dec 31, 2023)	-

Solo.io has raised a total funding of $175M over 5 rounds. Its first funding round was on Sep 27, 2017. Its latest funding round was a Series C round on Oct 07, 2021 for $135M. 3 investors participated in its latest round. Solo.io has 5 institutional investors and 2 angel investors.

Here is the list of recent funding rounds of Solo.io:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Oct 07, 2021	$135M	Series C	$1B	-	Altimeter Capital	Redpoint Ventures, True Ventures
Sep 08, 2020	$23M	Series B	-	-	Redpoint Ventures, True Ventures	-
Dec 10, 2018	$11.4M	Series A	-	-	Redpoint Ventures	True Ventures

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View details of Solo.io's funding rounds and investors

Solo.io's Board of Directors

Solo.io's board has 3 active members. Puneet Agarwal, Idit Levine and Satish Dharmaraj are independent board members.

Here is the list of Solo.io's board of directors:

Name	Type	Representing	Status	Duration
Puneet Agarwal	Independent board member	-	Current	7y 10m
Idit Levine	Independent board member	-	Current	8y 9m
Satish Dharmaraj	Independent board member	-	Current	7y 10m

Solo.io's employee count trend

Solo.io has 301 employees as of Jun 26. Here is Solo.io's employee count trend over the years:

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Top competitors of Solo.io include F5 Networks, Docker and Jitterbit. Here is the list of Top 10 competitors of Solo.io, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	F5 Networks 1996, Seattle (United States), Public	Provider of application delivery and security solutions for various platforms	-	Elliott Management, Herald Investment Management ... & 8 others	75/100
2nd	Docker 2008, Palo Alto (United States), Series E	Cloud based open source platform offering docker suite	$541M	Benchmark, Insight Partners & 55 others	73/100
3rd	Jitterbit 2004, Alameda (United States), Series C	Platform offering API management software	$45M	KKR, Salesforce Ventures & 8 others	71/100
4th	Platform9 2013, San Jose (United States), Series D	Provider of container development and management platform	$100M	Celesta Capital, Menlo Ventures & 12 others	69/100
5th	Komodor 2020, Rockville (United States), Series B	Provider of an autonomous AI SRE platform for Kubernetes management	$72M	Accel, Tiger Global Management & 15 others	68/100
6th	Spectro Cloud 2019, San Jose (United States), Series C	Provider of Kubernetes management platform simplifying multi-cluster deployment from edge to cloud	$142M	Stripes, Qualcomm Ventures & 12 others	68/100
7th	WSO2 2005, Santa Clara (United States), Acquired	Provider of open-source platform for API management, integration, and identity	$130M	Toba Capital, Intel Capital & 6 others	66/100
8th	Kong 2009, San Francisco (United States), Series E	Cloud based API management and microservices connectivity platform	$345M	Tiger Global Management, Andreessen Horowitz ... & 21 others	66/100
9th	Cast AI 2019, Miami (United States), Series C	Provider of a platform for Kubernetes automation and cost optimisation	$272M	Creandum, Vintage Investment Partners & 15 others	65/100
10th	Boomi 2000, Berwyn (United States), Acquired	Cloud based API management and ipaas solutions	$5.15M	Golub Growth, FirstMark & 1 others	65/100
15th	Solo.io 2017, Cambridge (United States), Series C	Connects applications with APIs and service mesh across any infrastructures	$175M	WestWave Capital, Altimeter Capital & 5 others	57/100