Founded Year

2017

Stage

Series C | Alive

Total Raised

$171.85M

Valuation

$0000 

Last Raised

$135M | 4 yrs ago

Mosaic Score
The Mosaic Score is an algorithm that measures the overall financial health and market potential of private companies.

-13 points in the past 30 days

About Solo.io

Solo.io provides application programming interface (API) gateway and service mesh solutions. It offers cloud-native API management services, backed by a lightweight API gateway and a service mesh solution that provides a user interface, lifecycle management, telemetry, and insights. Its services primarily cater to the cloud computing industry. It was founded in 2017 and is based in Cambridge, Massachusetts.

Headquarters Location

222 Third Street Suite 3300

Cambridge, Massachusetts, 02142,

United States

617-762-6721

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ESPs containing Solo.io

The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.

EXECUTION STRENGTH ➡MARKET STRENGTH ➡LEADERHIGHFLIEROUTPERFORMERCHALLENGER
Enterprise Tech / Development

The service mesh market is an emerging technology space that is focused on providing observability, security, and control for microservices-based architectures. A service mesh is a dedicated infrastructure layer that manages service-to-service communication within a microservices architecture. It provides features such as traffic management, load balancing, service discovery, and security. Service…

Solo.io named as Challenger among 10 other companies, including Oracle, Intel, and New Relic.

Solo.io's Products & Differentiators

    Gloo Edge

    Cloud-native API Gateway based on Envoy Proxy

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Research containing Solo.io

Get data-driven expert analysis from the CB Insights Intelligence Unit.

CB Insights Intelligence Analysts have mentioned Solo.io in 1 CB Insights research brief, most recently on May 22, 2023.

Expert Collections containing Solo.io

Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.

Solo.io is included in 1 Expert Collection, including Unicorns- Billion Dollar Startups.

U

Unicorns- Billion Dollar Startups

1,277 items

Latest Solo.io News

Announcing our 2025 VB Transform Innovation Showcase finalists

Jun 19, 2025

Join the event trusted by enterprise leaders for nearly two decades. VB Transform brings together the people building real enterprise AI strategy. Learn more This year’s VB Innovation Showcase finalists will be at  VB Transform , June 24-25, in San Francisco. They will take to the stage as we delve into what’s actually working in enterprise AI, from copilots to agents. Seven companies have been selected to showcase their generative AI products or features that are most likely to disrupt the enterprise. Those selected to present will do so in front of an invite-only audience of 600 industry decision-makers, and receive direct feedback from a panel of VC judges. The 2025 Innovation Showcase finalists are: CTGT Founded in 2024 by a team of Stanford and University of California, San Diego researchers, San Francisco-based CTGT is an AI risk management platform designed to change how enterprises deploy generative AI. Unlike conventional AI pipelines that require periodic offline updates, CTGT’s platform enables continuous real-time monitoring and automated refining of models in production, allowing AI systems to learn and adapt within live environments without ever going offline. This means models improve on the fly, closing the gap between development and deployment and ensuring maximum uptime and reliability for mission-critical AI applications. Catio Palo Alto-based Catio is an AI-powered platform designed to assist companies in optimizing their tech stack architecture. The platform is a copilot for technical leaders and teams, providing data-driven insights and recommendations to evaluate, plan and evolve their technology infrastructure. Catio tackles these challenges by providing continuous architecture design, strategic tech stack planning, accurate analytics and evaluation of architectures, and personalized recommendations for each enterprise’s unique needs, all powered by advanced AI models and proprietary data. In March, Catio announced $3 million in additional funding. This is in addition to the $4 million raised between 2023-2024. Kumo Mountain View-based Kumo AI is focused on democratizing AI, particularly in the realm of predictive analytics, by leveraging cutting-edge Graph Neural Networks (GNNs) and Relational Deep Learning (RDL). They aim to make it easier for businesses to build and deploy highly accurate machine learning models directly from their relational data. Kumo has raised $37 million in funding in two rounds. Their latest round was a $18 million Series B in September 2022 . Solo.io Cambridge, Mass.-based Solo.io is a cloud-native application networking company that provides solutions for connecting, securing and observing modern applications, particularly those built on Kubernetes and microservices. Founded in 2017, Solo.io aims to simplify the complexities of application networking in dynamic, multi-cloud environments. A $135 million series C funding round in 2021 brought the company’s total funding to $175 million. The company is valued at $1 billion. Superduper.io Tel Aviv-based Superduper.io is an AI company focused on simplifying the integration of AI models and workflows directly within existing databases, eliminating the need for complex data pipelines and separate AI infrastructure. Their core offering is a Python-based open-source framework that allows businesses to build and deploy custom AI applications and agents directly on their data, wherever it resides. Superduper.io has raised $1.75 million across two seed funding rounds . Notable investors include Hetz Ventures, session.vc and MongoDB. It was also part of the Intel Ignite accelerator program. Sutro Oakland-based Sutro is an AI-powered no-code platform that allows users to create full, production-ready mobile and web applications simply by describing their idea in plain text. It aims to democratize software development, making it accessible to individuals and businesses without coding expertise. Sutro was founded in 2021 and has raised around $6 million across two early funding rounds in 2023-2024. Qdrant Berlin-based Qdrant is a high-performance, massive-scale Vector Database and Vector Search Engine designed for the next generation of AI applications. It’s built in Rust, a language known for its safety and performance, making it a reliable choice for demanding AI workloads. Founded in 2020, Qdrant has raised $37.8 million over three rounds of funding, the latest of which was a $28 million series A in January 2024. Meet our Judging Panel Emily Zhao, principal at Salesforce Ventures Zhao is a principal at Salesforce Ventures focused on AI/ML. She also spends time on developer tooling, cybersecurity, vertical SaaS, and health tech. She joined Salesforce Ventures in the spring of 2022 and recently helped launch its $500 million generative AI fund. She has led several investments in the fund, including Hugging Face, RunwayML, Anthropic, Cohere and others. Before joining Salesforce Ventures, Zhao was an investor at Avenir Growth Capital, a venture-growth fund based in New York, where she spent most of her time on vertical SaaS, health tech and application software. Before Avenir, Emily was an associate in the Private Equity group at Blackstone and invested in corporate buyout transactions. Matt Kraning, partner at Menlo Ventures Kraning is one of Menlo ‘s newest partners. He is focused on investing in AI, enterprise SaaS, national defense and cybersecurity. He’s a deeply technical former founder and a proven company builder with a Ph.D. in electrical engineering, specializing in AI and large-scale computing. Before Menlo, Kraning was the co-founder and CTO of Expanse, where he helped define the AI-driven attack surface management category. He’s also advised and invested in over 50 startups, including unicorns like Peregrine and Astranis, and recently led a $12 million round for Wispr Flow. Rebecca Li, investment director at Amex Ventures Li is an Investment Director at Amex Ventures . She joined in 2024 to focus on enterprise software investing, leading early-stage investments in infrastructure software, developer tools, data and AI. Before joining American Express, Li led fintech and software venture investments at Global Asset Capital. Her prior experience includes business development and partnerships at Credit Karma and technology private equity investing at GIC. Come see at VB Transform All of the pitches will occur on June 25 from 4:45 to 5:30 p.m. PT. on the main stage for our in-person attendees. Presenters will have three minutes for their pitch, followed by two minutes of feedback from the judging panel. Awards will be presented in three categories: 1) most likely to succeed, 2) coolest technology and 3) best presentation style. Read about the winners from VB Transform 2024:  SambaNova ,  Instabase  and  Tabnine . Daily insights on business use cases with VB Daily If you want to impress your boss, VB Daily has you covered. We give you the inside scoop on what companies are doing with generative AI, from regulatory shifts to practical deployments, so you can share insights for maximum ROI. Subscribe Now

Solo.io Frequently Asked Questions (FAQ)

  • When was Solo.io founded?

    Solo.io was founded in 2017.

  • Where is Solo.io's headquarters?

    Solo.io's headquarters is located at 222 Third Street, Cambridge.

  • What is Solo.io's latest funding round?

    Solo.io's latest funding round is Series C.

  • How much did Solo.io raise?

    Solo.io raised a total of $171.85M.

  • Who are the investors of Solo.io?

    Investors of Solo.io include True Ventures, Redpoint Ventures and Altimeter Capital.

  • Who are Solo.io's competitors?

    Competitors of Solo.io include Kong, Lunar, Diagrid, Greymatter.io, Mesh7 and 7 more.

  • What products does Solo.io offer?

    Solo.io's products include Gloo Edge and 4 more.

  • Who are Solo.io's customers?

    Customers of Solo.io include T-Mobile.

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Compare Solo.io to Competitors

Kong Logo
Kong

Kong offers application programming interface (API) management and service mesh technologies for the cloud-native platform sector. It offers products that assist in managing the API lifecycle, provide security features, and improve the performance of APIs and microservices at scale. It primarily serves sectors that require API and AI governance, such as financial services, healthcare, and software technology. It was formerly known as Mashape. It was founded in 2017 and is based in San Francisco, California.

G
Gravitee

Gravitee specializes in full-lifecycle application programming interface (API) management and operates within the technology sector with a focus on both synchronous and asynchronous APIs. The company offers a suite of tools for API design, access management, gateway services, observability, and more, aimed at securing and optimizing API ecosystems. Gravitee's solutions cater to a variety of industries, including financial services, healthcare, government, and more, providing them with the necessary tools to manage and secure their API infrastructures. It was founded in 2016 and is based in London, United Kingdom.

Nevatech Logo
Nevatech

Nevatech is a company focused on API Management and Governance within the software industry. Its main offerings include a platform for managing, securing, and analyzing APIs and services, with features such as API Gateways and API Developer Portals. The company serves sectors that require integration and management of services across various environments, including on-premises, cloud, and hybrid systems. It is based in Marietta, Georgia.

T
Treblle

Treblle is an API intelligence platform that focuses on API operations across various business sectors. The company offers tools including observability, security, governance, analytics, and documentation, aimed at assisting teams with their APIs. Treblle's services target engineering and product teams involved in API lifecycle management. It was founded in 2020 and is based in Zagreb, Croatia.

WSO2 Logo
WSO2

WSO2 specializes in digital transformation and management software within the technology sector. The company offers a suite of tools for API management, integration, and identity and access management, designed to help enterprises create and deliver digital experiences. Its products are available as open source solutions, enterprise-grade SaaS, and private cloud deployments, catering to a variety of customer needs in building and managing digital platforms. It was founded in 2005 and is based in Santa Clara, California.

A
API7.ai

API7.ai focuses on application programming interface (API) management and analysis within the software infrastructure industry. The company offers products that facilitate microservices and real-time traffic processing. Its solutions cater to various sectors, including the internet, financial, blockchain, manufacturing, retail, and internet of things (IoT) industries. It was founded in 2019 and is based in Shenzhen, China.

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