Solovis offers a multi-asset class portfolio management, analytics and reporting platform tailored for limited partners and asset allocators. Its platform supports foundations, endowments, pensions, OCIOs and family offices with performance measurement, exposure analysis, liquidity and cash flow forecasting and front-to-back office integration. The company is co-founded by Josh Smith (CEO) and Caleb Doise (CTO) and is based in Dallas, TX and Charlottesville, VA. Solovis raised $8M in a Series A to fund its next stage of growth. The company intends to use the proceeds to expand its teams in Dallas and Charlottesville and to establish presences in New York and San Francisco. No operating metrics were disclosed in the article. Solovis provides a flexible, multi-asset class portfolio management and reporting platform that generates detailed, transparent reports in real time and models data across multiple portfolios, relationships and pools of capital. The platform delivers automated, consolidated reports that serve investors across the front-to-back office. Solovis targets foundations, endowments, pensions, OCIOs and family offices and is designed for open-architecture asset management. The company reported significant customer acquisitions over the past year, including the Northwestern University endowment, and a 150% growth in staff. Windhorse provided seed financing and remains Solovis’s longest-tenured client. Solovis has offices in Dallas and Charlottesville and plans to use new funding to accelerate deployments and drive product innovation and capability expansion.

Total raised

$11M

Funding rounds

2

Latest round

Series A

Latest activity

May 2017