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How Solace CEO Denis King grew Solace to $100.3M revenue with a 610 person team in 2024.

Solace Corporation is a technology company based in Ontario, Canada. Solace provides a messaging platform that helps businesses to distribute real-time data and information across their IT infrastructure. Their platform offers features such as event streaming, message routing, and API management, enabling businesses to deliver data in real-time to various applications and devices. Solace's platform is used by companies in various industries such as financial services, telecommunications, and transportation. The company was founded in 2001 and has since become a leading provider of event-driven architectures and messaging solutions.

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Solace Revenue

In 2024, Solace's revenue reached $100.3M. The company previously reported $25.6M in 2024. Since its launch in 2001, Solace has shown consistent revenue growth.

Solace Revenue GrowthReported revenue / ARR by year$0$25M$50M$75M$100M$125M2001200320052007200920112013201520172019202120232024$0$37M$100MSource: GetLatka.com
YearMilestoneQuote
2024Solace Hit $100.3m revenue in November 2024
2024Solace Hit $25.6m revenue in October 2024
2023Solace Hit $18.3m revenue in December 2023
2021Solace Hit $37m revenue in April 2021
2001Launched with $0 revenue

Solace Valuation, Funding Rounds

Solace has not publicly disclosed its valuation. The company has raised $7M in total funding to date.

Solace has raised $7M in total funding across 1 round, with its most recent round in 2020.

Solace Capital Raised & ValuationCumulative capital raised and post-money valuation by roundCapital raised (cum.)Valuation$0$2M$3M$5M$6M$8M200120032005200720092011201320152017201920202001 cumulative: $0 • 2001 Founded: $02020 cumulative: $7M • 2001 Founded: $0 • 2020 Funding round: $7M$7M2001 Founded: $0 valuationSource: GetLatka.com
YearRoundAmountValuation% SoldQuote
2020Funding round$7M--

Solace Employees & Team Size

Solace employs approximately 610 people as of 2026, up from 201 in 2023.

Solace has 610 total employees in different roles and functions and 45 sales reps that carry a quota.

Solace Team GrowthReported headcount over time0150300450600750200120032005200720092011201320152017201920212023202400610610Source: GetLatka.com
YearMilestone
2024Reached 610 employees (December 2024)
2024Reached 201 employees (October 2024)
2023Reached 201 employees (December 2023)
2023Reached 201 employees (July 2023)
2022Reached 581 employees (December 2022)
2021Reached 487 employees (December 2021)
2021Reached 440 employees (April 2021)

Founder / CEO

Denis King

Denis King is listed as Founder / CEO at Solace.

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Customers

We do not have customer count information for Solace yet.

Frequently Asked Questions about Solace

What is Solace's revenue?

Solace generates $100.3M in revenue.

Who is the CEO of Solace?

The CEO of Solace is Denis King.

How much funding does Solace have?

Solace raised $7M.

How many employees does Solace have?

Solace has 610 employees.

Where is Solace headquarters?

Solace is headquartered in Ottawa, Ontario, Canada.

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Source Attribution

Source: all data was collected from GetLatka company research and founder interviews. Revenue, funding, team, and customer figures are presented as company-reported or GetLatka-estimated metrics where the profile data identifies them that way.

Company data last updated .

Data Disclaimer

All figures on this page are GetLatka estimates from public sources and proprietary models. They are not verified by the company.

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Solace Revenue 2024: $100.3M ARR, $7M Raised