Valuation
$352M
2024 Revenue
$100M
Funding
$7M
Team · 2025
629
Founded
2001
Solace Revenue, Valuation & Funding (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.
Last updated
Solace Revenue
In 2024, Solace's revenue reached $100M. The company previously reported $25.6M in 2024. Since its launch in 2001, Solace has shown consistent revenue growth.
| Year | Milestone | Source |
|---|---|---|
| 2024 | Solace Hit $100.3m revenue in November 2024 | |
| 2024 | Solace Hit $25.6m revenue in October 2024 | Estimated |
| 2024 | Solace Hit $100m revenue in January 2024 | prnewswire.com |
| 2023 | Solace Hit $18.3m revenue in December 2023 | Estimated |
| 2021 | Solace Hit $37m revenue in April 2021 | |
| 2001 | Launched with $0 revenue |
Solace Valuation, Funding Rounds
Solace's most recent disclosed valuation is $352M.
Solace has raised $7M in total funding across 1 round, with its most recent round in 2020.
| Year | Round | Amount | Valuation | % Sold | Source |
|---|---|---|---|---|---|
| 2020 | Funding round | $7M | - | - |
Founder / CEO
Q&A
| Question | Answer |
|---|---|
| What's your age? | - |
| Favorite online tool? | - |
| Favorite book? | - |
| Favorite CEO? | - |
| Advice for 20 year old self | - |
Customers
We do not have customer count information for Solace yet.
Solace Employees & Team Size
Solace employs approximately 629 people as of 2026, up from 610 in 2024, including 45 sales reps that carry a quota.
| Year | Milestone | Source |
|---|---|---|
| 2025 | Reached 629 employees (May 2025) | tracxn.comEstimated |
| 2024 | Reached 610 employees (December 2024) | |
| 2024 | Reached 201 employees (October 2024) | |
| 2023 | Reached 201 employees (December 2023) | |
| 2023 | Reached 201 employees (July 2023) | |
| 2022 | Reached 581 employees (December 2022) | |
| 2021 | Reached 487 employees (December 2021) | |
| 2021 | Reached 440 employees (April 2021) |
Frequently Asked Questions about Solace
What is Solace's revenue?
Solace generates $100M in revenue.
Who is the CEO of Solace?
The CEO of Solace is Denis King.
How much funding does Solace have?
Solace raised $7M across 1 round.
How many employees does Solace have?
Solace has 629 employees.
Where is Solace headquarters?
Solace is headquartered in Ottawa, Ontario, Canada.
Compare Solace to the industry
Solace operates across multiple industries. Browse revenue, funding, and growth data for Solace in each sector below.
Data and Sources
All figures on this page are taken directly from interviews or are estimates from public sources and proprietary models. Not financial advice. Read full disclaimer.
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