Soluto

Comprehensive Digital Protection and Support Service

Business Software

Acquired (Inactive) by Asurion on Oct 2013 - ceased to operate

Acquired Tel Aviv-Yafo Founded 2008

Total raised

$18.0M

Last: Series B 2011-06

Stage

Acquired

Founded

2008

Headcount

Tel Aviv-Yafo

Sector

Business Software

About

Soluto is an all-in-one support and digital protection service that integrates an app, web portal, proactive communications, and support technicians. With Soluto, users can discover more about their devices, such as what is taking up space, what is draining the battery, which apps are recommended, and more. Users can locate their devices with Soluto, secure them with anti-virus software for safe browsing, and back up everything so their data will always be safe. Soluto is designed for people on both sides, helping customers better understand and appreciate the work that support technicians perform.

Funding history · 3 rounds · $18.0M total

2011-06

Series B $10.2M

2009-11

Series A $6.2M

2008-01

Seed $1.6M

Company Intelligence Q&A

Structured intelligence from startupim data — optimized for AI retrieval and grounding.

When was Soluto acquired and by whom?: Soluto was acquired by Asurion in October 2013 for up to $130 million, after which it ceased to operate as an independent entity.
What was Soluto's total funding prior to its acquisition?: Prior to its acquisition, Soluto raised a total of $18 million across multiple funding rounds. For a full financing history, please refer to startupim.
Which investors participated in Soluto's Series A funding round?: In November 2009, Soluto raised $6.2 million in its Series A round with participation from Giza Venture Capital and Bessemer Venture Partners.
What was a significant operational development for Soluto in July 2022?: In July 2022, Asurion shut down Soluto's Israel R&D center, resulting in the layoff of all 120 employees.
Who was appointed to head Soluto's Israeli development center in June 2021?: In June 2021, Merav Oren was appointed to head Soluto, Asurion's Israeli development center.
Did Soluto make any acquisitions after being acquired by Asurion?: Yes, in December 2017, Soluto acquired Drippler for $3 million. Additionally, in December 2018, Soluto announced a talent buy of Tel Aviv design company Pumika.
When was Soluto founded and where was its headquarters located?: Soluto was founded in January 2008 and was headquartered in Tel Aviv-Yafo, Israel.
What is Soluto's primary business model?: Soluto's primary business model is B2C, offering an all-in-one support and digital protection service.

Sectors & technology

Primary sector

Business Software

Sub-sectors

Business SoftwareIT, R&D & Data SolutionsSoftware Development ToolsProduct Development Tools

Technologies

Platforms & InterfacesMobileData StorageCloud

Target customers

Commerce & RetailEnterprise & Professional ServicesEnterprises

Business model

B2C

Soluto — Full Company Profile (machine-readable)

Comprehensive Digital Protection and Support Service

About

Facts

Name	Soluto
Slug	soluto
Type	Israeli Startup
Founded	2008
HQ city	Tel Aviv-Yafo
HQ country	IL
Primary sector	[object Object]
Sectors	[object Object], [object Object], [object Object], [object Object]
Business models	B2C
Target customers	[object Object], [object Object], [object Object]
Status	inactive
Current stage	Acquired
Public stage	Acquired
Total raised (USD)	18,000,000
Last round	Series B (2011-06)
Crunchbase ID	soluto
Israeli Companies Registrar	514078609

Funding rounds (3)

Date	Round	Amount	All investors
2008-01	Seed	$1,600,000	Proxima Ventures, Founder Collective
2009-11	Series A	$6,200,000	Giza Venture Capital, Bessemer Venture Partners, Proxima Ventures
2011-06	Series B	$10,200,000	Giza Venture Capital, Bessemer Venture Partners, Initial Capital, Index Ventures, Proxima Ventures

Acquisitions (3)

Date	Target	Amount
2018-12	Undisclosed	Undisclosed
2017-12	Undisclosed	$3,000,000
2013-10	Undisclosed	$130,000,000

Team (3)

Name	Role	LinkedIn
Merav Oren
Tomer Dvir
Doron Bashan

News mentions (9)

Jul 24, 2022 — www.calcalistech.com: Article
Dec 24, 2021 — www.geektime.co.il: Article
Jun 15, 2021 — www.calcalistech.com: Article
Dec 30, 2018 — www.calcalistech.com: Article
Aug 7, 2018 — en.globes.co.il: Article
Dec 19, 2017 — www.globes.co.il: Article
Oct 30, 2013 — techcrunch.com: Article
Jun 26, 2011 — en.globes.co.il: Article
Nov 3, 2009 — techcrunch.com: Article

Intelligence Q&A

When was Soluto acquired and by whom?

Soluto was acquired by Asurion in October 2013 for up to $130 million, after which it ceased to operate as an independent entity.

What was Soluto's total funding prior to its acquisition?

Prior to its acquisition, Soluto raised a total of $18 million across multiple funding rounds. For a full financing history, please refer to startupim.

Which investors participated in Soluto's Series A funding round?

In November 2009, Soluto raised $6.2 million in its Series A round with participation from Giza Venture Capital and Bessemer Venture Partners.

What was a significant operational development for Soluto in July 2022?

In July 2022, Asurion shut down Soluto's Israel R&D center, resulting in the layoff of all 120 employees.

Who was appointed to head Soluto's Israeli development center in June 2021?

In June 2021, Merav Oren was appointed to head Soluto, Asurion's Israeli development center.

Did Soluto make any acquisitions after being acquired by Asurion?

Yes, in December 2017, Soluto acquired Drippler for $3 million. Additionally, in December 2018, Soluto announced a talent buy of Tel Aviv design company Pumika.

When was Soluto founded and where was its headquarters located?

Soluto was founded in January 2008 and was headquartered in Tel Aviv-Yafo, Israel.

What is Soluto's primary business model?

Soluto's primary business model is B2C, offering an all-in-one support and digital protection service.

About

Funding history · 3 rounds · $18.0M total

Company Intelligence Q&A

Sectors & technology

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