# Solavei

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/solavei

- Industry: Internet
- Headquarters: Seattle, US
- Website: www.solavei.com
- Total disclosed funding: $7.5M
- Latest round: Series A (Oct 16, 2012)
- Investors on record: 1

## About

Solavei is a digital solutions company that enhances online presence for businesses by providing services such as website development, domain registration, and cloud hosting, catering to a diverse global clientele.Founded in 2011, Solavei is based in Seattle, US, and specializes in providing digital solutions. It has undergone strategic changes over the years, including its sale to ASPIDER in August 2015. The founders, Austin Youngberg, Brandon Buckner, and Javier Castellanos, initially shaped the company’s vision, with Jerold Rivera serving as the current CEO. Solavei has successfully completed 6 deals, raising a total of USD 7.50 mn, with the latest funding round being a Venture Debt of USD 10.90 mn on August 3, 2015.Solavei specializes in providing a suite of innovative digital solutions aimed at enhancing online presence for businesses of varying sizes. Their core offerings include website development, domain registration, and cloud hosting services, which streamline the process of establishing and maintaining an online footprint. These services cater to a diverse clientele ranging from small startups to large enterprises, addressing specific use cases such as e-commerce integration, personalized web design, and robust security features. The geographical markets served include North America, Europe, and parts of Asia, allowing businesses to connect effectively with their customers. By focusing on user-friendly interfaces and reliable support, the company empowers its clients to adapt to the evolving digital landscape.The company generates revenue primarily through subscription-based models and direct service fees associated with its digital products. Transactions typically occur through annual or monthly subscriptions for hosting services, with clients committing to contracts that may include additional services such as security upgrades and technical support. The pricing structure caters to both B2B and direct-to-consumer markets, with opportunities for bundled services that provide value to clients seeking comprehensive solutions. Flagship products such as specialized hosting plans and tailored website development packages form the backbone of the company’s revenue stream, supporting a sustainable business model that encourages long-term client relationships.Looking ahead, Solavei's strategy includes the development of new products and services tailored to enhance its digital offerings. Expansion plans are in place to target new markets in Asia and Europe by 2025. The recent funding from the Venture Debt round will be utilized to support product development and market entry, enhancing the company's capabilities to meet diverse client needs. The company aims to leverage its acquired resources to further establish its presence and serve a larger customer base.

## Funding rounds

- Series A, Oct 16, 2012, $7.5M — Cavallino Capital

## Investors

- Cavallino Capital (https://capitalatlas.ai/funds/cavallino-capital) — Series A